Chapter Meeting - August 10, 2023

 

The Grand Lady

275 Ganson Street

Buffalo, NY 14203

(716) 873-4630

Please note if you have cruised with us in recent years that this is new docksite on the property next to Buffalo Riverworks. Once on Ganson St., the entrance to our dock is across the street from ADM Milling. Please follow the signs to the designated parking area for Grand Lady Cruises.

Sponsored by:

 

 

AGENDA

10:30am – 11:00am                Boarding and Registration – DO NOT BE LATE!  Boat will depart without you! Pre-payment Required

11:00am – 12:00pm                Chapter Meeting Updates, Presentation – "State of the Property Market"

12:00pm – 2:00pm                  Cruise and Lunch                    

2:00pm – 3:00pm                    Networking at River Works

 

PRESENTATION TOPIC

"State of the Property Market" 

  • Property Insurance Market Update
    • Soft market to hard market to present day and how we got here
    • Dislocation of reinsurance market in 2023 and what it means for insureds
    • Property valuations and impact to insurer portfolio
    • Rising costs due to inflation and the effect on property insurance capacity
      • Financing risk
      • Alternative options and how to create program efficiencies
  • How to Differentiate as an Insured
    • Providing detailed information (not just primary, but also secondary risk characteristics)
    • What insurers look for in risk selection
    • Submission packages and how to be distinguished amongst peers

PRESENTED BY

Timothy Walsh, Senior Vice President, Marsh Property Placement 

Tim re-joined Marsh in 2020 in New York, having previously worked for the firm from 2012 – 2017 in various functions within the Property Practice including advisory and private equity/mergers & acquisitions roles. Having a wide range of responsibilities within the property insurance realm, Tim has worked on various industry verticals including Real
Estate, Hospitality, Retail, Financial Institutions, Public Entity, Food & Beverage and Healthcare among others.

 

COST

  • Active Chapter Members: Covered by the Chapter
  • Non-Members: $85

**ALL NON MEMBERS MUST PAY IN FULL PRIOR TO THE MEETING. INVOICE WILL BE SENT AFTER REGISTRATION TO THOSE WHO DO NOT PAY ON THE WEBSITE. PLEASE CONTACT CHAPTER TREASURER IF YOU REQUIRE TO PAY BY CHECK. THANKS!

PAYMENT OPTIONS

  • Cash
  • Credit via PayPal
  • Check payable to “RIMS Upstate NY Chapter” - Please email Anna.Ziegler@faef.com if you choose this payment option. 

– Mail to:         First American Equipment Finance

                        ATTN: Anna Ziegler

                        211 High Point Drive, 2nd Floor

                        Victor, NY 14564       

CANCELLATION POLICY

If you need to cancel your registration, please email the Chapter Secretary by 5:00pm on the Friday preceding the meeting. Late cancellations will be charged the non-member fee for lunch.

Please note: Your registration will include lunch. If you do not plan on staying for the meal, please contact the Chapter Secretary. Help save your chapter money!

If you have any further questions, please contact the Chapter Secretary, Tara Grillo at tara.grillo@cbrands.com