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Business Insurance Online Executive Forum: Oct. 12, 2005

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Business Insurance Webinars


"A World Without TRIA: Why A Terrorism Insurance Backstop is Vital"


CLICK HERE TO ACCESS FREE ARCHIVED WEBINAR




Time is running out for Congress to act on renewing the Terrorism Risk Insurance Act.

Hear a trio of experts discuss the challenges of winning congressional approval for TRIA, what impact Hurricane Katrina might have on reauthorization efforts, why they believe TRIA is vital to U.S. businesses and the insurance industry, and how businesses and insurers should plan for the possibility that the Act will not be extended, resulting in a loss of a federal backstop of insurance coverage for future terrorism risks.

Who should view this webinar:

  • Risk managers
  • Brokers
  • Insurers
  • Reinsurers
  • Regulators
  • Association executives

Panelists:

  • Ramani Ayer, chairman and CEO of The Hartford Financial Services Group Inc.

    Ramani Ayer is Chairman, President and Chief Executive Officer of The Hartford Financial Services Group Inc. of Hartford, Conn.

    Mr. Ayer is also Chairman and Chief Executive Officer of Hartford Fire Insurance Company, the company's principal property and casualty insurance subsidiary, and Chairman of Hartford Life, Inc., an indirect wholly-owned subsidiary of the company, which operates the company's life insurance, annuity and related businesses.

    He previously was Executive Vice President of the Hartford from December 1995 to February 1997 and President and Chief Operating Officer of Hartford Fire from 1990 to February 1997. Mr. Ayer joined the company in 1973 as a member of the operations research department.

    Mr. Ayer is Chairman of BusinessLINC and is a member of The Business Roundtable. He also serves on the Board of Directors of the American Insurance Association.

    Mr. Ayer is a director of Hartford Hospital and a trustee of the Connecticut Center for Science and Exploration. He is also a member of the Boards of Trustees of Drexel University in Philadelphia, and Maharishi University of Management in Fairfield, Iowa.

  • Bradley R. Wood, Senior Vp of Risk Management for Marriott International Inc.

    Bradley R. Wood is Senior Vice President-Risk Management for Marriott International Inc. in Bethesda, Md.

    Mr. Wood played a key role in pushing for the enactment of the Terrorism Risk Insurance Act of 2002 and continues to work for its extension as a member of the Coalition to Insure Against Terrorism.

    Mr. Wood joined Marriott in 1986, and has held a variety of positions in insurance and risk management at the hospitality giant, culminating in being named its top risk manager in 2000.

    Mr. Wood received a bachelor of science in business administration degree from Ball State University in Muncie, Ind., and a master of business administration degree from the University of Wisconsin at Madison.

    He also holds the Associate in Risk Management and Chartered Property & Casualty Underwriter designation.

    In recognition of his many accomplishments at Marriott and on behalf of the risk management profession, Mr. Wood was named to the Business Insurance Risk Management Honor Roll in 2005. In addition, he was honored by the Risk & Insurance Management Society with its Richard W. Bland Memorial Award in 2003.

  • Joel Wood, Senior Vp of Government Affairs for the Council of Insurance Agents & Brokers.

    Joel Wood is senior vice president of government affairs for The Council of Insurance Agents & Brokers in Washington.

    Mr. Wood is The Council's top lobbyist on Capitol Hill and is the chief administrator of the group's political action committee.

    Prior to joining The Council, he spent four years as assistant vice president for government affairs for the National Association of Professional Insurance Agents. Mr. Wood worked for six years on Capitol Hill for Rep. Don Sundquist, R-TN, as press secretary and legislative director.

    In 1988, Mr. Wood and two colleagues from Capitol Hill founded Red Hot & Blue, a Memphis-style barbecue restaurant in Arlington, VA, that has grown to 42 locations in 19 states.

    In 2002, he and his wife, Dana, formed the Foundation to Eradicate Duchenne, a 501c3 organization to speed a treatment for Duchenne Muscular Dystrophy, the world's most lethal childhood genetic disease.

    Before coming to Washington in 1982, Mr. Wood, a graduate of the University of Mississippi with a degree in journalism, spent two years as a political reporter for The Jackson Sun, a 40,000 circulation daily in Jackson, Miss.

Moderator:

  • Mark A. Hofmann, Senior Editor of Business Insurance

    Mark Hofmann is a senior editor of Business Insurance in Washington, specializing in coverage of federal regulation and legislation, property loss control and catastrophes and tort reform. He also is a frequent contributor to Business Insurance editorial Opinions and authors a periodic Commentary on industry issues.

    Mr. Hofmann joined Business Insurance in the Chicago bureau in September 1987, and relocated to BI's Washington, D.C., bureau in August 1991. He was promoted to Washington Editor in January 1996 and promoted to senior editor in January 2001.

    Prior to joining Business Insurance, Mr. Hofmann was an associate editor for Professional Agent magazine from 1984-1987, and was editorial writer for Winston-Salem, N.C., Journal, from 1974 to 1984.

    Mr. Hofmann holds a bachelor of arts degree in History from Wake Forest University in Winston-Salem, N.C.


To view this free online panel discussion, please click here to register today.