The Vulnerability of Global Supply Chains September 2013

Transcription

1 v The Vulnerability of Global Supply Chains September 2013 Sponsored by: 1

2 About Advisen Advisen Ltd. is a privately-owned, independent and unbiased provider of news, data and risk analytics to the commercial insurance industry. Advise s issio is to deliver productivity a d i sight to insurance professionals. Advisen brings greater success though technology and data, revolutionizing the way the commercial insurance industry functions. Our customers leverage the Advisen platform, adding power to their proprietary ability and bringing value to their clients. Please locate us on:

3 Many Thanks to Our Sponsor! American International Group, Inc. () is a leading international insurance organization serving customers in more than 130 countries and jurisdictions. companies serve commercial, institutional, and individual customers through one of the most extensive worldwide property-casualty networks of any insurer. In addition, companies are leading providers of life insurance and retirement services in the United States. 3 3

4 The Vulnerability of Global Supply Chains Paper titled The Vul era ilit of Global Supply Chains: The Importance of Resiliency in the Face of Systemic Risk Copy of these Slides Recording of toda s e i ar 4

5 Today s Moderator David Bradford President, Research & Editorial Group Advisen Ltd. 5 5

6 Today s Pa elists Carol Barton Head of Global Commercial Property Kenneth Travers Global Business Impact Specialist, Commercial Property 6 6

7 Today s Pa elists Stephen McKay Global Head of Loss Prevention Engineering, Commercial Property Troy Priesmeyer Director, Global Risk Management Dresser-Rand 7 7

8 Today s Pa elist Carol Barton Head of Global Commercial Property Carol Barton is the Head of Global Commercial Property for. Most recently, Carol was Senior Vice President, Underwriting and Reinsurance with FM Global. In this Chief Underwriting Officer role, she had global leadership responsibility for all underwriting and reinsurance activities. Carol s insurance career started with the former Allendale Mutual Insurance Company, which was merged with a number of other companies to create FM Global in She assumed roles of increasing responsibility within the organization, including: Vice President, Manager of Affiliated FM, where she drove the effort to expand the mid-sized account operation globally, and Senior Vice President, heading up commercial lines for FM Global and leading the significant and profitable growth of the portfolio. Carol has more than 30 years of experience in Commercial Property insurance a d is o e of the i dustr s top e e uti es. Ms. Barto atte ded the Wharto School of the University of Pennsylvania for their AICPCU Advanced Leadership Education Program. She also holds the distinction of having received the Busi ess I sura e Top Wo e i the I sura e I dustr a ard i. 8

9 Today s Pa elist Kenneth Travers Global Business Impact Specialist, Commercial Property Kenneth A. Travers is a Global Business Impact Specialist for the Commercial Property business of. In this role, he is responsible for technical engineering in support of Highly Protected Risk (HPR) clients. Kenneth has 34 years of experience as a senior fire protection and catastrophe risk engineering professional, with proven international experience in all aspects of property and business continuity risk engineering, analysis and mitigation for process fire hazards and catastrophe events. He earned a B.S. in Fire Protection from the College of Engineering at the University of Maryland and an M.B.A. from Goldey Beacom College. Kenneth also holds the CFPS, CET and ARM professional certifications. 9

10 Today s Pa elist Stephen McKay Global Head of Loss Prevention Engineering, Commercial Property Stephen McKay is the Head of Loss Prevention Engineering for the Commercial Property business of. In this role, he is responsible for engineering practices and loss prevention client service worldwide. Stephen began his career in the Oil & Gas sector, where he was involved in asset protection and reliability studies for installations around the world. He has had a 24 year loss prevention career with experience across a variety of sectors and loss prevention disciplines. Specific activities have included major hazard assessment, EH&S corporate program development, management systems, merger and acquisition due diligence and quantitative risk assessment. Stephen holds an M.B.A., Master of Science and an Honors Degree in Chemical Engineering. 10

11 Today s Pa elist Troy Priesmeyer Director, Global Risk Management Dresser-Rand Troy Priesmeyer began his career with Dresser-Rand in 2005 as the Director of Global Risk Management. In his role, Troy is responsible for the fir s orld ide propert a d asualt i sura e progra s, Enterprise Risk Management and travel security. Prior to joining Dresser-Rand, he was the Director of Risk Management for the Wackenhut Corporation and the Risk Manager for Office Max. Troy earned a B.S. from Texas A&M University and an M.B.A. from the University of Florida. 11

12 Supply chain risk management has received a lot of attention in the past few years. Why the heightened concern? David Bradford President Research & Editorial Group Advisen Ltd. Carol Barton Head of Global Commercial Property Kenneth Travers Global Business Impact Specialist, Commercial Property Stephen McKay Global Head of Loss Prevention Engineering, Commercial Property Troy Priesmeyer Director, Global Risk Management Dresser-Rand 12

13 How can risk management processes be integrated into supply chain management? David Bradford President Research & Editorial Group Advisen Ltd. Carol Barton Head of Global Commercial Property Kenneth Travers Global Business Impact Specialist, Commercial Property Stephen McKay Global Head of Loss Prevention Engineering, Commercial Property Troy Priesmeyer Director, Global Risk Management Dresser-Rand 13

14 How can risk management efforts directly impact a supply chain challenge? David Bradford President Research & Editorial Group Advisen Ltd. Carol Barton Head of Global Commercial Property Kenneth Travers Global Business Impact Specialist, Commercial Property Stephen McKay Global Head of Loss Prevention Engineering, Commercial Property Troy Priesmeyer Director, Global Risk Management Dresser-Rand 14

15 Is it possible to quantify the risk within a global supply chain? David Bradford President Research & Editorial Group Advisen Ltd. Carol Barton Head of Global Commercial Property Kenneth Travers Global Business Impact Specialist, Commercial Property Stephen McKay Global Head of Loss Prevention Engineering, Commercial Property Troy Priesmeyer Director, Global Risk Management Dresser-Rand 15

16 What tools and techniques are emerging to help organizations better understand their supply chains and the associated risks? David Bradford President Research & Editorial Group Advisen Ltd. Carol Barton Head of Global Commercial Property Kenneth Travers Global Business Impact Specialist, Commercial Property Stephen McKay Global Head of Loss Prevention Engineering, Commercial Property Troy Priesmeyer Director, Global Risk Management Dresser-Rand 16

17 How can an assessment of supply chain risk account for inherent risk within infrastructure? David Bradford President Research & Editorial Group Advisen Ltd. Carol Barton Head of Global Commercial Property Kenneth Travers Global Business Impact Specialist, Commercial Property Stephen McKay Global Head of Loss Prevention Engineering, Commercial Property Troy Priesmeyer Director, Global Risk Management Dresser-Rand 17

18 How useful is a less intensive risk assessment that focuses solely on only the largest potential disruptive events? David Bradford President Research & Editorial Group Advisen Ltd. Carol Barton Head of Global Commercial Property Kenneth Travers Global Business Impact Specialist, Commercial Property Stephen McKay Global Head of Loss Prevention Engineering, Commercial Property Troy Priesmeyer Director, Global Risk Management Dresser-Rand 18

19 What are the common pitfalls of supply chain management? David Bradford President Research & Editorial Group Advisen Ltd. Carol Barton Head of Global Commercial Property Kenneth Travers Global Business Impact Specialist, Commercial Property Stephen McKay Global Head of Loss Prevention Engineering, Commercial Property Troy Priesmeyer Director, Global Risk Management Dresser-Rand 19

20 How is the insurance industry responding to the challenges of supply chain risk management? David Bradford President Research & Editorial Group Advisen Ltd. Carol Barton Head of Global Commercial Property Kenneth Travers Global Business Impact Specialist, Commercial Property Stephen McKay Global Head of Loss Prevention Engineering, Commercial Property Troy Priesmeyer Director, Global Risk Management Dresser-Rand 20

21 Many Thanks to Our Sponsor! American International Group, Inc. () is a leading international insurance organization serving customers in more than 130 countries and jurisdictions. companies serve commercial, institutional, and individual customers through one of the most extensive worldwide property-casualty networks of any insurer. In addition, companies are leading providers of life insurance and retirement services in the United States

22 Many Thanks to Our Panelists! Carol Barton Head of Global Commercial Property Kenneth Travers Global Business Impact Specialist, Commercial Property 22 22

23 Many Thanks to Our Panelists! Stephen McKay Global Head of Loss Prevention Engineering, Commercial Property Troy Priesmeyer Director, Global Risk Management Dresser-Rand 23 23

24 The Vulnerability of Global Supply Chains Paper titled The Vul era ilit of Global Supply Chains: The Importance of Resiliency in the Face of Systemic Risk Copy of these Slides Recording of toda s e i ar 24

25 Upcoming Advisen Webinars Visit for the 2013 Webinar Schedule Insurance Program Benchmarking / Next Generation Thursday, September 19, 2013 at 11am EDT

26 Upcoming Advisen Conferences Visit for the 2013 Webinar Schedule Wednesday, September 25 in New York City Property Insights Conference Thursday, June 5, 8:00 AM EDT

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