2016 CANE Spring Meeting Agenda and Presentations
Spring Meeting, April 7th, 2016
Foxwoods Resort Casino, Mashantucket, CT
Grand Pequot Ballroom
|8:30 - 10:00||
General Session: Advances in Highway Safety – Are we there yet?
Kim Hazelbaker, Senior Vice President, HLDI
The session will discuss work that the Insurance Institute for Highway Safety and the Highway Loss Data Institute have done to measure the real world effects of advanced safety features such as automatic emergency braking systems. The path to autonomous vehicles depends on these systems effectiveness. The timeline to autonomous vehicles might be a lot longer than the popular press has imagined. Lots of engaging video will be shown as well.
*Note: CANE Business and Elections will take place at the beginning of this first General Session.
|10:00 - 10:15||Break|
|10:15 - 11:45||
General Session: Lights, Camera, Professionalism - Take 3!
Come enjoy the acting of some fine fellow actuaries who will take on several skits involving professional dilemmas. The skits are new for 2016, but as always they will lead to some lively and educational audience discussions. You will walk away from this session with a better understanding of the ASOPs, codes of conduct and how to apply them when you face your own professional ethical dilemmas. This session may provide attendees with Professionalism Continuing Education credits.
The student panel will be geared towards university students to increase their knowledge of the CAS and what the CAS offers. In addition, the students will have an opportunity to listen and ask questions to experienced actuaries from the P&C discipline and gain insight in the work P&C actuaries perform.
|11:45 - 1:15||Lunch|
|1:15 - 2:30||
A. From the NFL to Friday Night Lights…Emerging Youth Sports Concussion Claims and Risk Management
Jon Cross, Attorney at Law, Marshall Dennehey Warner Coleman & Goggin
Jon Cross is an attorney and former D-1 college baseball coach, high school coach and camp owner. He will discuss the emerging concussion litigation claims and how the NFL $900 million plus proposed settlement is affecting youth sports. The discussion will include what is a concussion, the symptoms of a concussion, the procedures required to manage the athlete following a concussion incident, a review of concussion related lawsuits, what is being done in the sports industry to mitigate the risk of concussions and issues relating to the recent Sports Safety Act concerning the health of student-athletes.
B. If you are a casualty actuary focused on auto lines, when should you start looking for a new job?
Donald Light, Director - North America Property/Casualty Practice, Celent
With nearly all automobile manufacturers tripping over themselves (colliding with one another?) announcing how soon they will have driverless cars available, and with the US Department of Transportation pledging to spend $4 billion to help cars get connected, and with the IIHS/HLDI publishing dramatic findings about how onboard collision avoidance technology is reducing frequency and severity of accidents, and with telematics programs gaining traction; maybe it is time for auto lines-focused casualty actuaries to update their LinkedIn profiles.
Or maybe not. It all depends on adoption rates and the percentage of the vehicle fleet on the road with these new technologies. In this session, Celent Director Donald Light considers the variables, and makes some prognostications.
|2:30 - 2:45||Break|
|2:45 - 4:00||
A. You've Got to See it to Believe it: Data Visualization Techniques Download Presentation
Jenny Andrzejewski, Director, KPMG
Data visualization is an approach to analyzing and communicating results. Long used in statistical applications, the use of visualization techniques is now becoming widely used in many data analytic applications, and in management reporting. This session will utilize industry data and widely used statistical packages to demonstrate how data visualization can effectively communicate reserve and profitability outcomes. Drill down techniques will be demonstrated showing the ability to "ask the right questions" and use visualization to quickly understand the essence of business issues. The goal of this session will be for attendees to understand how visualization can be transformational in both technical applications and in management reporting, and for attendees to become motivated to start projects in their own companies.
B. Building Communication Skills Through Improvisation
Bob Morand, Vice Chairman, President & Managing Partner, D.W. Simpson
Using fundamental exercises from the theater genre of improvisation, attendees will interact with this session's facilitator to examine business communications. The facilitator will guide attendees with suggestions to improve their communication and negotiation skills. In small groups, attendees will participate in improvisational exercises that emphasize the importance of listening in communication.
|4:15||DW Simpson Happy Hour – High Rollers Luxury Lanes and Lounge|