2023 PLUS Transactional Risk Symposium
2023 PLUS Transactional Risk Symposium
February 13, 2023
Friday, February 10, 2023
2023 PLUS Transactional Risk Symposium
February 13 | Marriott Marquis | New York
Transactional Risk Symposium is a half-day networking and education event that dives deep into trends of representations and warranties, as well as the future of coverage and innovation in the industry. Learn from industry experts and advance your transactional risk knowledge with this career-building experience.
Online registration is now closed, however you can still register for this event on-site!
Then, join colleagues and friends for the PLUS Foundation Strikes for Charity Event on Monday, February 13th from 9 pm-midnight at Bowlmor Times Square. Separate registration is required.
View the attendee list in Excel here
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|Full Event Registration||$405.00|
|Monday - February 13|
|12:00 pm - 5:00 pm|
|1:00 pm - 1:10 pm|
Welcome & Opening Remarks
|1:10 pm - 2:15 pm|
Representations & Warranties Insurance - A Year in Review and a Look Ahead
2022 signaled the end of the M&A frenzy the market saw in 2021, but also brought its own separate set of challenges to the M&A insurance community. From geopolitical conflict to interim breach cover, 2022 was undoubtedly a fascinating year for M&A insurance. In this session, we will take a deep dive into the market trends, deal activity and macro-economic factors that made 2022 such a unique year in the M&A insurance space and will hear from our esteemed panelists their forecasts for 2023.
|2:15 pm - 2:30 pm|
|2:30 pm - 3:35 pm|
Are Representations and Warranties Claims Increasing in Severity? An Update on Claim Trends
This esteemed panel will begin its conversation with an update of current R&W claim metrics - focusing on frequency, severity, allegation types, etc. The group will then review current trends and what has changed in the last year. Finally, the panelists will provide their unique insights into future claim opportunities and challenges facing insurers, brokers and clients.
|3:35 pm - 3:55 pm|
|3:55 pm - 5:00 pm|
Looking Forward: Coverage Innovation Within Transactional Risk
Over the last few years transactional risk coverage has expanded to meet broader challenges and to address more varied risks. In 2022, market competition also pushed carriers to innovate unique coverage solutions. Hear from our expert panel on recent innovations and trends including how representations & warranties has expanded it applicability across deal structures such as secondaries transactions and how tax and contingent insurance are reshaping risk allocation within M&A.
|5:00 pm - 6:00 pm|
Shared Networking Reception with EPL Symposium Attendees
|Aartie Manansingh (MODERATOR)
Aartie began her career as a corporate M&A attorney with Kelley Drye & Warren LLP before becoming a transactional risk underwriter in 2014. Aartie continued to underwrite across several carriers over nearly 5 years, including Allied World and Ironshore, and prior to re-joining WTW in 2021, most recently held the position of the ‘Head of M&A - Americas’ with Hamilton Insurance Group. Aartie currently leads the Transactional Solutions team at WTW where she oversees the placement of representations and warranties, tax and contingent policies and manages a team of over 20 brokers. Across prior roles as a both a broker and underwriter, Aartie has worked on hundreds of transactional policies. Aartie graduated magna cum laude from Georgetown University where she earned a Bachelor of Science in Foreign Service concentrating in International Politics. She also holds a Juris Doctor from the Georgetown University Law Center. Aartie is a member of the New York State Bar.
|Willis Towers Watson||Looking Forward: Coverage Innovation Within Transactional Risk|
|Bryan O'Keefe (PANELIST)||Seyfarth Shaw LLP||Looking Forward: Coverage Innovation Within Transactional Risk|
|Gaurav Sud (PANELIST)||Lockton||Representations & Warranties Insurance - A Year in Review and a Look Ahead|
|Jennifer Drake (PANELIST)
<div>Jennifer Drake is a senior vice president on Aon’s Transaction Solutions team. In her role, Jennifer acts as an advocate for clients, facilitating the resolution of transaction liability insurance claims. Previously, Jennifer held a legal consulting role in Aon’s Financial Services Group providing guidance on executive risk and risk transfer solutions to corporate executives and boards, as well as claims advocacy on directors and officers liability insurance and cyber liability insurance matters. Prior to working at Aon, Jennifer was an associate at Goodmans LLP where her practice covered a range of areas including contractual disputes, municipal and land planning litigation and other commercial litigation matters. Jennifer received her law degree from Western University and was called to the Ontario Bar.</div>
|Aon||Are Representations and Warranties Claims Increasing in Severity? An Update on Claim Trends|
|Kim Gladney (PANELIST)
<p> Kim Gladney is Executive Managing Director, of Ambridge Partners LLC and leads Ambridge’s North American R&W practice managing a team of underwriters in New York. Ambridge is a specialized managing general underwriter of complex risks, including transactional, tax and intellectual property insurance. Kim joined Ambridge in 2006 and has been an underwriter of transactional insurance products for nearly 16 years. Kim received a J.D. from the University of Notre Dame Law School and a B.B.A. from the University of Georgia. </P>
|Ambridge Partners LLC||Looking Forward: Coverage Innovation Within Transactional Risk|
|Lynda Bennett (PANELIST)
<div style="text-align:center;font-family:'Calibri';font-size:11.00pt;"><span style="font-family:'Calibri';font-size:11.00pt;"> <p> Lynda A. Bennett is a Partner with Lowenstein Sandler, LLP, Chair of the Firm’s Insurance Coverage Practice Group, and a member of the Firm’s Board of Directors and Compensation Committee. She has more than 25 years of experience in complex commercial litigation, primarily representing corporate policyholders in insurance coverage disputes. She has recovered billions of insurance dollars for clients in connection with reps and warranty, cyber, mass tort, product liability, construction defect, and D&O and professional liability claims. She is a past Chair of the Insurance Law Section of the New Jersey State Bar Association, the former President of the New Jersey Women Lawyers Association, and the founder and chair of her Firm’s Women’s Initiative Network. Lynda is also active in her community, serving on the board of the New Jersey Chapter for the Leukemia & Lymphoma Society and the board of Morris Catholic High School. </p>
|Lowenstein Sandler LLP||Are Representations and Warranties Claims Increasing in Severity? An Update on Claim Trends|
|Manuel Giner (PANELIST)
Manuel Andrés Giner is Chief Distribution Officer and an Underwriter for Euclid Transactional. Manuel is responsible for underwriting Representations & Warranties Insurance policies for complex M&A transactions throughout the Americas, and leads the firm’s Latin America practice. Prior to joining Euclid Transactional, Manuel was a Senior Underwriter with AIG's M&A insurance team, and worked as an attorney at Debevoise & Plimpton LLP, where he advised clients on mergers and acquisitions and corporate finance matters. He graduated with a BA from Arizona State University and holds a J.D. from Yale Law School.
|Euclid Transactional||Representations & Warranties Insurance - A Year in Review and a Look Ahead|
|Meg Gardiner (PANELIST)
Marguerite (Meg) Gardiner is General Counsel and Claims Officer at Euclid Transactional. Meg oversees the claims department and strategic coordination with the underwriting team and provides advice and services in connection with the legal and compliance functions at Euclid. Prior to joining the team, Meg was a litigator at the law firm of Schulte Roth & Zabel LLP for 10 years, advising individual and institutional clients on complex commercial disputes, regulatory and white-collar investigations, and risk management. Meg graduated with a B.A. in Philosophy from Princeton University and holds a J.D. from The George Washington School of Law. Meg is also the Chair of the Board of Directors of the Legado Initiative and holds a Master of Fine Arts degree in Photography. She enjoys cycling and hiking with her dog Watts.
|Euclid Transactional||Are Representations and Warranties Claims Increasing in Severity? An Update on Claim Trends|
|Nancy Adams (MODERATOR)
<div style="text-align:center;font-family:'Calibri';font-size:11.00pt;"><span style="font-family:'Calibri';font-size:11.00pt;"> <p>Nancy is in the Litigation Section, practicing in the Boston office of Mintz Levin. She is an active member in the firm’s Insurance/Reinsurance, Insurance Bankruptcy and Executive Production and Risk Management Groups. Nancy has extensive experience representing and advising primary and excess insurers on the business and legal implications of a variety of complex coverage issues involving personal, commercial and transactional lines of insurance. Nancy’s experience includes representing insurers with respect to coverage issues arising under all lines of property and casualty insurance. Her practice has involved representing insurers in state, bankruptcy and federal courts across the country. Nancy also advises with the firm’s corporate clients on a variety of insurance and risk management-related matters ranging from the evaluation and negotiation of D&O, cyber and traditional P&C insurance policies to the drafting and implementation of indemnification agreements for corporate boards. In addition to her insurance practice, Nancy’s practice includes representing clients in civil litigation, including class actions, principally in the areas of personal injury, professional liability and products liability. Nancy is the President of the Board of Trustees of the Insurance Library Association of Boston. Nancy received her CPCU designation in 2002 and served as an Executive Officer of the international CPCU Society. She is a member of PLUS’ Education Committee and past member of the New England Chapter Steering Committee. Nancy regularly speaks and writes on insurance industry issues and teaches CPCU courses to professionals. In addition to PLUS and the CPCU Society, Nancy is a member of the American College of Insurance Coverage and Extracontractual Counsel, the International Association of Defense Counsel, the Aviation Insurance Association and the Massachusetts, Women’s and Boston Bar Associations. She received her bachelor of arts from Trinity University in San Antonio, Texas and her juris doctor from Boston College Law School. </p>
|Mintz Levin||Are Representations and Warranties Claims Increasing in Severity? An Update on Claim Trends|
|Neal Reenan (PANELIST)
Neal J. Reenan advises private equity firms and their portfolio companies on their most complex transactions, including domestic and cross-border mergers, acquisitions, and divestitures. Drawing on more than two decades of private equity legal experience, as well as roles in professional service firms and operating businesses, Mr. Reenan structures, negotiates, and executes a broad range of transactions on behalf of leading financial sponsors and their portfolio companies. Mr. Reenan serves as go-to counsel for many clients on their full spectrum of transactional needs, including; Mergers and acquisitions, Divestitures, Leveraged buyouts, Joint ventures, Recapitalizations, and Restructuring transactions. A former accountant, strategy consultant, and manufacturing executive, as well as the co-founder of a significant, private equity-focused office of a leading global law firm, Mr. Reenan brings a pragmatic operator’s perspective to delivering legal counsel. He provides the clients he serves with creative, “can-do,” and commercially calibrated advice with a focus on solving thorny problems to help get deals done. Mr. Reenan builds enduring, trust-based relationships with clients by delivering technically sound, commercially balanced, and situation-tailored counsel, by always putting his clients’ needs first, and by bringing a sense of humor and perspective to even the most challenging matters. Mr. Reenan also devotes significant time to mentoring junior lawyers, especially those who, like himself, are the first in their families to grow up or live in the United States or who are first-generation lawyers.
|Latham & Watkins LLP||Looking Forward: Coverage Innovation Within Transactional Risk|
|Rikki Usinger (PANELIST)
<p> Rikki Usinger is the Head of Claims. Rikki joins VALE Insurance Partners LLC from AIG where she spent 10 years, most recently as a Complex Claims Director. At AIG, Rikki specialized in managing claims arising under reps and warranties/W&I and other transactional risk policies. Rikki has over the years participated in numerous complex claims on both national and cross-border M&A transactions. Before dedicating herself to M&A, Rikki handled D&O and E&O claims as well as Cyber claims within AIG. At VALE, Rikki leads the claims handling for the U.S. and European transactional risk underwriting teams. Rikki holds a J.D. from New York Law school and a Bachelor of Arts from the University of Michigan. </p>
|VALE Insurance Partners LLC||Are Representations and Warranties Claims Increasing in Severity? An Update on Claim Trends|
|Scott Pegram (PANELIST)
Scott is the Head of Americas for Liberty GTS, overseeing underwriting teams in North, Central and South America. Prior to being appointed as Head of Americas, Scott was a Senior Underwriting Manager for the Americas region of GTS, managing underwriters and analysts located throughout the U.S. He has extensive experience managing M&A transactions across various sectors. Before joining Liberty GTS, Scott worked at a global insurance company, where he focused on underwriting M&A transactions in the company’s M&A insurance group and also advising on insurance litigation matters within the company’s Commercial Litigation Department. Scott graduated from American University with a BA in Political Science, and holds a JD from Brooklyn Law School, with a concentration in business law.
|Liberty Global Transaction Solutions||Looking Forward: Coverage Innovation Within Transactional Risk|
|Sean Crnkovich (PANELIST)
Sean Crnkovich is member of the Private Equity and M&A (“PEMA”) practice of Marsh. Within PEMA, he serves as the head of placement for Marsh’s US and Canada transactional risk team. Sean is an expert in the field of transactional risk insurance, responsible for advising clients on representations and warranties insurance, tax insurance and other insurance products addressing contingent liabilities encountered in M&A transaction. Since joining Marsh in 2014, Sean has specialized exclusively on transactional risk placements and has been a driving force in the development of M&A-related insurance products. Prior to joining Marsh, Sean was a senior associate at Simpson Thacher & Bartlett LLP in their M&A group. While practicing, he specialized in domestic and cross-border mergers and acquisitions, securities and general corporate matters. Sean received a bachelor’s degree in accounting and finance from Georgetown University graduating summa cum laude. Sean also received his juris doctor from the New York University School of Law graduating cum laude.
|Marsh||Representations & Warranties Insurance - A Year in Review and a Look Ahead|
Thank you to our 2023 Transactional Risk Symposium Sponsors!
Marriott Marquis Hotel
New York, NY
View the PLUS Event Registration Cancellation Policy
The event registration cancellation deadline is January 6th
View the PLUS Hardship Policy