Property Insurance Report
National Conference 2016

—- Scroll down to see an outline of the topics that will be discussed in California —-

Registration is now open for the 2016 Property Insurance Report National Conference, to be held Nov. 13-15 at the Monarch Beach Resort in Dana Point, California. Our 14th annual event is shaping up to be an exciting and important meeting.

We are thrilled to bring the meeting back to the Monarch Beach Resort, previously known as the St. Regis. This spectacular five-diamond property enjoys exceptionally easy access to Orange County’s John Wayne Airport (SNA), and Los Angeles International Airport (LAX) is not far away.

The Monarch Beach Resort has just completed a spectacular renovation, and it looks out on one of the most beautiful coastlines in the world. The resort is surrounded by the Monarch Beach Golf Links, and nearby are the charming towns of Laguna Beach and San Clemente, with numerous opportunities for dining all around. To make the decision even easier, our discounted room rates will be available for a few days before and after the meeting.

As always, you can count on us to find innovative ideas and explore underwriting, marketing claims, regulation and more. Scroll down to see an outline of the topics that will be discussed in California, with more information coming soon.

Additionally, this hard-working program will also include plenty of time to interact with the speakers, sponsors and all the other outstanding attendees.

We are expecting another large turnout this year, and we may sell out the room as we have done for each of our prior insurance conferences. We encourage you to register early if you wish to attend. If you cannot attend because of a conflict, we urge you to share this invitation with someone else in your organization right away to ensure that a space is available.

It is also important to reserve a room at the Monarch Beach Resort right away – that is a separate process from the conference registration – because the conference hotel is likely to sell out before the meeting, especially at our discounted room rates.

There is a $100 discount for prior conference attendees and newsletter subscribers.

To reserve your space at the conference, fill out the online registration form by clicking the blue button to the right. Or you can click “Download Forms” to download a registration form for both the meeting and the hotel.

Thanks to our history of filling hotel rooms months in advance, the Monarch Beach Resort is offering Property Insurance Report National Conference attendees deeply discounted rates as low as $289 a night. To reserve a room. select the “Hotel Reservations Here” button to the right. Of you can download the Reservation Form and fax to the hotel directly; or calling hotel reservations at (949) 234-3900. You must receive a confirmation number by email from the hotel to be assured of a room. If you do not receive a confirmation email, call the Monarch Beach Resort directly.

You can reserve a room at our discounted rates until Oct. 13 or until our room block is gone, which has always been much sooner. As of August 8, our room block was nearly full, and all rooms at the resort may be gone soon. Details on room rates, cancellation policies, etc., can be found on the hotel Reservation Form. Rooms are blocked only for registered conference attendees.

The conference begins Sunday, Nov. 13, with early registration and a reception with sponsors starting at 5 p.m. On Monday, Nov. 14, the sessions run from 8:30 a.m. to 5 p.m., followed by a networking reception extraordinaire with an ocean and sunset view. On Tuesday, Nov. 15, sessions run from 8:30 a.m. to noon, allowing time for lunch with other conference attendees and our sponsors, golf, afternoon business or travel.

Our mission is to facilitate the flow of ideas and information within the property insurance industry so that our subscribers and conference attendees can gain the competitive edge they need. If you have any questions at all, please contact us directly.

See you in California!

Tracie Sullivan, Conference Director and Brian Sullivan, Conference Chairman

Working Sessions

We are just now finalizing speakers, and have at least one more session to confirm, but this list will give an idea of the topics we plan to address.

Homeowners Insurance Marketing Moves Online: For years, auto insurance has led the way in online sales. Homeowners insurance, a much more complex product with much lower shopping rates and less frequent customer turnover, has lagged behind. While numerous insurers offered auto insurance online, only a handful could manage the process for homeowners. In this session, we will explore the state of the art in online homeowners insurance sales, examining how technical challenges have been overcome, how a desperate need by some insurers for package sales is spurring development, and how the online homeowners insurance marketplace is likely to evolve in the next 12-24 months.

A Look Into the Future of Unmanned Aerial Vehicles: In this session, one of the world’s leading manufacturers of unmanned aerial vehicles we will explore the state of the art in UAV technology, on their current use patterns, on U.S. regulatory progress, before turning our attention to where this exciting new technology is headed in the next 12-24 months.

State of the Art in Identifying Property Characteristics: Just what is the nature of the risk you are taking on in a home? There is an endless stream of questions that need to be answered, from the nature of the structure itself, to the topography and weather, to the nearby structures, to crime. And that does not even begin to address what needs to be known about the homeowner and other residents. In this session, Conference Chairman Brian Sullivan will explore the state of the art in identifying risk by examining some of the innumerable data sources that can information insurance company decision-making and the tools being developed to tease insights from that data. Helping to make this possible are some of the leading practitioners of the art of property risk measurement.

Getting Your Feet Wet in the Emerging Flood Insurance Market: In this session one of the industry’s leading scientists will explore the evolving flood risk in the United States, as well as the prospects for the development of a private flood market alongside the continued federal government program.

Understating the Renters Marketplace, and the Millennial Generation Leading its Evolution: Douglas S. Culkin, President & CEO of the National Apartment Association, will join us to explain the profound changes taking place in the rapidly growing rental marketplace from the standpoint of property owners, who have a bigger impact on the insurance industry than many realize. One of the big drivers of the growth in the renters insurance market, for example, is the growing number of landlords who are requiring tenants to hold renters insurance as part of their lease. From there, Patrick Sullivan, Associate Editor of Property Insurance Report, will examine the evolution of the Millennial generation that is so far resisting the call of homeownership. Eventually some will leave their apartments, but how many, and toward what kind of properties? Using the latest research on Millennial attitudes toward homeownership and insurance, we’ll explore the likely homeownership trajectory of this all-important demographic group. We’ll also explore new data sources and models that are enabling insurers to more accurately identify if and when a renter will become a homeowners, making it easier to identify high-value customers earlier in their household formation, and before competitors get a hold of them.

Are We Foolish to Expect Smart Homes to Arrive Soon?: Our conference has long been excited by the prospect of connected homes, providing insurers with powerful insights for underwriting and loss mitigation. But despite a great deal of chatter about the marvels of the “Internet of Things,” the pace of implementation has been frustrating and slow. In this session, we will examine the state of the art in connected smart homes, outline the barriers to success so far, and with a more restrained enthusiasm born of hard experience, seek to make a more realistic projection of what is coming, and when.

Working to Build a More Diverse Workforce: The insurance industry is at the forefront of efforts to develop a more diverse workforce that more accurately mirrors modern American society. The benefits of achieving this goal are both social and financial – a diverse workforce can better serve a diverse society – but good intentions are hardly enough. It takes hard work and careful planning to include more people with broader backgrounds and experiences into a white-collar workforce that is largely located outside urban cores. In this session, Patrick Sullivan, Associate Editor of Property Insurance Report, will host a panel of insurance company personnel leaders to outline the challenges, and identify the strategies, of one of the industry’s most important efforts.