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

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Page 1: The Vulnerability of Global Supply Chains ·  · 2013-09-17• Paper titled “The Vulnerability of Global Supply Chains: The Importance of Resiliency in the Face of Systemic Risk”

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v

The Vulnerability of Global Supply Chains September 2013

Sponsored by:

Page 2: The Vulnerability of Global Supply Chains ·  · 2013-09-17• Paper titled “The Vulnerability of Global Supply Chains: The Importance of Resiliency in the Face of Systemic Risk”

About Advisen

Advisen Ltd. is a privately-owned, independent and unbiased provider of news, data and risk analytics to the commercial insurance industry.

Advisen’s mission is to deliver productivity and insight 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: www.advisen.com

Page 3: The Vulnerability of Global Supply Chains ·  · 2013-09-17• Paper titled “The Vulnerability of Global Supply Chains: The Importance of Resiliency in the Face of Systemic Risk”

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Many Thanks to Our Sponsor!

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

Page 4: The Vulnerability of Global Supply Chains ·  · 2013-09-17• Paper titled “The Vulnerability of Global Supply Chains: The Importance of Resiliency in the Face of Systemic Risk”

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The Vulnerability of Global Supply Chains

http://corner.advisen.com

• Paper titled “The Vulnerability of Global Supply Chains: The Importance of Resiliency in the Face of Systemic Risk”

• Copy of these Slides

• Recording of today’s webinar

Page 5: The Vulnerability of Global Supply Chains ·  · 2013-09-17• Paper titled “The Vulnerability of Global Supply Chains: The Importance of Resiliency in the Face of Systemic Risk”

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Today’s Moderator

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David Bradford

President, Research & Editorial Group

Advisen Ltd.

Page 6: The Vulnerability of Global Supply Chains ·  · 2013-09-17• Paper titled “The Vulnerability of Global Supply Chains: The Importance of Resiliency in the Face of Systemic Risk”

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Today’s Panelists

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Carol Barton

Head of Global Commercial Property

AIG

Kenneth Travers

Global Business Impact Specialist, Commercial Property

AIG

Page 7: The Vulnerability of Global Supply Chains ·  · 2013-09-17• Paper titled “The Vulnerability of Global Supply Chains: The Importance of Resiliency in the Face of Systemic Risk”

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Today’s Panelists

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Stephen McKay

Global Head of Loss Prevention Engineering, Commercial Property

AIG

Troy Priesmeyer

Director, Global Risk Management

Dresser-Rand

Page 8: The Vulnerability of Global Supply Chains ·  · 2013-09-17• Paper titled “The Vulnerability of Global Supply Chains: The Importance of Resiliency in the Face of Systemic Risk”

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Carol Barton is the Head of Global Commercial Property for AIG. 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 1999. 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 and is one of the industry’s top executives. Ms. Barton attended the Wharton School of the University of Pennsylvania for their AICPCU Advanced Leadership Education Program. She also holds the distinction of having received the Business Insurance “Top 100 Women in the Insurance Industry” award in 2000.

Today’s Panelist Carol Barton

Head of Global Commercial Property

AIG

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Today’s Panelist Kenneth Travers

Global Business Impact Specialist, Commercial

Property

AIG

Kenneth A. Travers is a Global Business Impact Specialist for the Commercial Property business of AIG. 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.

Page 10: The Vulnerability of Global Supply Chains ·  · 2013-09-17• Paper titled “The Vulnerability of Global Supply Chains: The Importance of Resiliency in the Face of Systemic Risk”

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Stephen McKay is the Head of Loss Prevention Engineering for the Commercial Property business of AIG. 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.

Today’s Panelist Stephen McKay

Global Head of Loss Prevention Engineering,

Commercial Property

AIG

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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 firm’s worldwide property and casualty insurance programs, 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.

Today’s Panelist Troy Priesmeyer

Director, Global Risk Management

Dresser-Rand

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Carol Barton Head of Global Commercial Property AIG

Kenneth Travers Global Business Impact Specialist, Commercial Property AIG

Stephen McKay Global Head of Loss Prevention Engineering, Commercial Property AIG

David Bradford President Research & Editorial Group Advisen Ltd.

Supply chain risk management has received a lot of attention in the past few years. Why the heightened concern?

Troy Priesmeyer Director, Global Risk Management Dresser-Rand

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Carol Barton Head of Global Commercial Property AIG

Kenneth Travers Global Business Impact Specialist, Commercial Property AIG

Stephen McKay Global Head of Loss Prevention Engineering, Commercial Property AIG

David Bradford President Research & Editorial Group Advisen Ltd.

How can risk management processes be integrated into supply chain management?

Troy Priesmeyer Director, Global Risk Management Dresser-Rand

Page 14: The Vulnerability of Global Supply Chains ·  · 2013-09-17• Paper titled “The Vulnerability of Global Supply Chains: The Importance of Resiliency in the Face of Systemic Risk”

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Carol Barton Head of Global Commercial Property AIG

Kenneth Travers Global Business Impact Specialist, Commercial Property AIG

Stephen McKay Global Head of Loss Prevention Engineering, Commercial Property AIG

David Bradford President Research & Editorial Group Advisen Ltd.

How can risk management efforts directly impact a supply chain challenge?

Troy Priesmeyer Director, Global Risk Management Dresser-Rand

Page 15: The Vulnerability of Global Supply Chains ·  · 2013-09-17• Paper titled “The Vulnerability of Global Supply Chains: The Importance of Resiliency in the Face of Systemic Risk”

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Carol Barton Head of Global Commercial Property AIG

Kenneth Travers Global Business Impact Specialist, Commercial Property AIG

Stephen McKay Global Head of Loss Prevention Engineering, Commercial Property AIG

David Bradford President Research & Editorial Group Advisen Ltd.

Is it possible to quantify the risk within a global supply chain?

Troy Priesmeyer Director, Global Risk Management Dresser-Rand

Page 16: The Vulnerability of Global Supply Chains ·  · 2013-09-17• Paper titled “The Vulnerability of Global Supply Chains: The Importance of Resiliency in the Face of Systemic Risk”

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Carol Barton Head of Global Commercial Property AIG

Kenneth Travers Global Business Impact Specialist, Commercial Property AIG

Stephen McKay Global Head of Loss Prevention Engineering, Commercial Property AIG

David Bradford President Research & Editorial Group Advisen Ltd.

What tools and techniques are emerging to help organizations better understand their supply chains and the associated risks?

Troy Priesmeyer Director, Global Risk Management Dresser-Rand

Page 17: The Vulnerability of Global Supply Chains ·  · 2013-09-17• Paper titled “The Vulnerability of Global Supply Chains: The Importance of Resiliency in the Face of Systemic Risk”

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Carol Barton Head of Global Commercial Property AIG

Kenneth Travers Global Business Impact Specialist, Commercial Property AIG

Stephen McKay Global Head of Loss Prevention Engineering, Commercial Property AIG

David Bradford President Research & Editorial Group Advisen Ltd.

How can an assessment of supply chain risk account for inherent risk within infrastructure?

Troy Priesmeyer Director, Global Risk Management Dresser-Rand

Page 18: The Vulnerability of Global Supply Chains ·  · 2013-09-17• Paper titled “The Vulnerability of Global Supply Chains: The Importance of Resiliency in the Face of Systemic Risk”

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Carol Barton Head of Global Commercial Property AIG

Kenneth Travers Global Business Impact Specialist, Commercial Property AIG

Stephen McKay Global Head of Loss Prevention Engineering, Commercial Property AIG

David Bradford President Research & Editorial Group Advisen Ltd.

How useful is a less intensive risk assessment that focuses solely on only the largest potential disruptive events?

Troy Priesmeyer Director, Global Risk Management Dresser-Rand

Page 19: The Vulnerability of Global Supply Chains ·  · 2013-09-17• Paper titled “The Vulnerability of Global Supply Chains: The Importance of Resiliency in the Face of Systemic Risk”

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Carol Barton Head of Global Commercial Property AIG

Kenneth Travers Global Business Impact Specialist, Commercial Property AIG

Stephen McKay Global Head of Loss Prevention Engineering, Commercial Property AIG

David Bradford President Research & Editorial Group Advisen Ltd.

What are the common pitfalls of supply chain management?

Troy Priesmeyer Director, Global Risk Management Dresser-Rand

Page 20: The Vulnerability of Global Supply Chains ·  · 2013-09-17• Paper titled “The Vulnerability of Global Supply Chains: The Importance of Resiliency in the Face of Systemic Risk”

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Carol Barton Head of Global Commercial Property AIG

Kenneth Travers Global Business Impact Specialist, Commercial Property AIG

Stephen McKay Global Head of Loss Prevention Engineering, Commercial Property AIG

David Bradford President Research & Editorial Group Advisen Ltd.

How is the insurance industry responding to the challenges of supply chain risk management?

Troy Priesmeyer Director, Global Risk Management Dresser-Rand

Page 21: The Vulnerability of Global Supply Chains ·  · 2013-09-17• Paper titled “The Vulnerability of Global Supply Chains: The Importance of Resiliency in the Face of Systemic Risk”

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Many Thanks to Our Sponsor!

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

Page 22: The Vulnerability of Global Supply Chains ·  · 2013-09-17• Paper titled “The Vulnerability of Global Supply Chains: The Importance of Resiliency in the Face of Systemic Risk”

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Many Thanks to Our Panelists!

Carol Barton

Head of Global Commercial Property

AIG

Kenneth Travers

Global Business Impact Specialist, Commercial Property

AIG

Page 23: The Vulnerability of Global Supply Chains ·  · 2013-09-17• Paper titled “The Vulnerability of Global Supply Chains: The Importance of Resiliency in the Face of Systemic Risk”

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Many Thanks to Our Panelists!

Stephen McKay

Global Head of Loss Prevention Engineering, Commercial Property

AIG

Troy Priesmeyer

Director, Global Risk Management

Dresser-Rand

Page 24: The Vulnerability of Global Supply Chains ·  · 2013-09-17• Paper titled “The Vulnerability of Global Supply Chains: The Importance of Resiliency in the Face of Systemic Risk”

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The Vulnerability of Global Supply Chains

http://corner.advisen.com

• Paper titled “The Vulnerability of Global Supply Chains: The Importance of Resiliency in the Face of Systemic Risk”

• Copy of these Slides

• Recording of today’s webinar

Page 25: The Vulnerability of Global Supply Chains ·  · 2013-09-17• Paper titled “The Vulnerability of Global Supply Chains: The Importance of Resiliency in the Face of Systemic Risk”

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Upcoming Advisen Webinars

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Visit http://corner.advisen.com/advisen_webinars.html for the 2013 Webinar Schedule

Insurance Program Benchmarking / Next Generation

Thursday, September 19, 2013 at 11am EDT

https://www1.gotomeeting.com/register/611418777

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Upcoming Advisen Conferences

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Visit http://corner.advisen.com/advisen_conference.html for the 2013 Webinar Schedule

Property Insights Conference

Thursday, June 5, 8:00 AM EDT

http://events.SignUp4.com/AdvisenPropertyInsights2014

Wednesday, September 25 in New York City

http://events.Signup4.com/AdvisenMgmtLiability2013

Page 27: The Vulnerability of Global Supply Chains ·  · 2013-09-17• Paper titled “The Vulnerability of Global Supply Chains: The Importance of Resiliency in the Face of Systemic Risk”

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