Reinsurance has long been described as an honorable engagement or gentlemen’s’ agreement. Indeed, even today many reinsurance agreements state as much explicitly and refer to the parties’ intent to honor the custom and practice of the insurance/reinsurance industry. But in a marketplace that has seen significant consolidation and new market entrants many companies find themselves dealing with a different counterparty years after the agreement is introduced. And technology, AI and big data are influencing decisions. In this world, an experienced Panel of experts will discuss whether reinsurance is still a relationship business or whether it has become transactional.
Panelists:
Libby Hafkey, Consulting Director, Reinsurance Contracts, CNA
Elizabeth Mazzocco, Partner, Foley & Lardner
Nick Tuttle, Director, Reinsurance Solutions, Aon
Kristina Matic, Partner, Foley & Lardner (Moderator)
| The Honorable Engagement in an Increasingly Transactional World | 00:45:25 |
| The Honorable Engagement in an Increasingly Transactional World - Video | 00:45:25 | |
| The Honorable Engagement in an Increasingly Transactional World - Evaluation |
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