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Page 1: The Vulnerability of Global Supply Chains - Advisen Ltd

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v

The Vulnerability of Global Supply Chains September 2013

Sponsored by:

Page 2: The Vulnerability of Global Supply Chains - Advisen Ltd

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: www.advisen.com

Page 3: The Vulnerability of Global Supply Chains - Advisen Ltd

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Many Thanks to Our Sponsor!

3

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 - Advisen Ltd

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The Vulnerability of Global Supply Chains

http://corner.advisen.com

• 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

Page 5: The Vulnerability of Global Supply Chains - Advisen Ltd

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Today’s Moderator

5

David Bradford

President, Research & Editorial Group

Advisen Ltd.

Page 6: The Vulnerability of Global Supply Chains - Advisen Ltd

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Today’s Pa elists

6

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 - Advisen Ltd

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Today’s Pa elists

7

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 - Advisen Ltd

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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

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 .

Today’s Pa elist

Carol Barton

Head of Global Commercial Property

AIG

Page 9: The Vulnerability of Global Supply Chains - Advisen Ltd

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Today’s Pa elist

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 - Advisen Ltd

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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 Pa elist

Stephen McKay

Global Head of Loss Prevention Engineering,

Commercial Property

AIG

Page 11: The Vulnerability of Global Supply Chains - Advisen Ltd

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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 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.

Today’s Pa elist

Troy Priesmeyer

Director, Global Risk Management

Dresser-Rand

Page 12: The Vulnerability of Global Supply Chains - Advisen Ltd

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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

Page 13: The Vulnerability of Global Supply Chains - Advisen Ltd

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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 - Advisen Ltd

14

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 - Advisen Ltd

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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 - Advisen Ltd

16

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 - Advisen Ltd

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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 - Advisen Ltd

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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 - Advisen Ltd

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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 - Advisen Ltd

20

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 - Advisen Ltd

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Many Thanks to Our Sponsor!

21

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 - Advisen Ltd

22

22

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 - Advisen Ltd

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23

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 - Advisen Ltd

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The Vulnerability of Global Supply Chains

http://corner.advisen.com

• 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

Page 25: The Vulnerability of Global Supply Chains - Advisen Ltd

25

Upcoming Advisen Webinars

25

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

Page 26: The Vulnerability of Global Supply Chains - Advisen Ltd

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Upcoming Advisen Conferences

26

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 - Advisen Ltd

How to reach us: Advisen Ltd.

1430 Broadway

8th Floor

New York, NY 10018 www.advisen.com

Phone: +1.212.897.4800

[email protected]

How to reach us: