the vulnerability of global supply chains - advisen ltd
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The Vulnerability of Global Supply Chains September 2013
Sponsored by:
About Advisen
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Please locate us on: www.advisen.com
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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.
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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
5
Today’s Moderator
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David Bradford
President, Research & Editorial Group
Advisen Ltd.
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Today’s Pa elists
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Carol Barton
Head of Global Commercial Property
AIG
Kenneth Travers
Global Business Impact Specialist, Commercial
Property
AIG
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Today’s Pa elists
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Stephen McKay
Global Head of Loss Prevention Engineering,
Commercial Property
AIG
Troy Priesmeyer
Director, Global Risk Management
Dresser-Rand
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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
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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.
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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
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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
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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
13
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
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
15
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
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
17
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
18
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
19
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
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
21
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.
22
22
Many Thanks to Our Panelists!
Carol Barton
Head of Global Commercial Property
AIG
Kenneth Travers
Global Business Impact Specialist, Commercial
Property
AIG
23
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
24
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
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
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Upcoming Advisen Conferences
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Visit http://corner.advisen.com/advisen_conference.html for the 2013
Webinar Schedule
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Thursday, June 5, 8:00 AM EDT
http://events.SignUp4.com/AdvisenPropertyInsights2014
Wednesday, September 25 in New York City
http://events.Signup4.com/AdvisenMgmtLiability2013
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