Hail No! Alternative Risk Financing for Hail Risks

Scott McNea, Vice President, Alliant Insurance Services, Inc.

background image
March 19, 2025 | 12:00 p.m. – 1:00 p.m. ET

In this presentation, we will explore innovative strategies, such as parametric insurance and retention financing, to manage underinsured and uninsurable hail risks. Attendees will hear real-world success stories illustrating successful implementation and optimization of these risk management practices.

Attendee Takeaways:

1. Understand the growing risks of hail damage and limitations of traditional insurance
2. Explore risk financing options, such as parametric insurance and retention financing
3. Identify obstacles and key implementation factors

-

Presenter

Scott McNea, Vice President, Alliant Insurance Services, Inc.

Scott is a seasoned insurance broker with over 17 years of experience in commercial insurance. He manages a multi-million-dollar portfolio for public entities, specializing in public utilities and power generation sectors. Scott's expertise spans various industries, including higher education, healthcare, real estate, transportation, utilities, water infrastructure and manufacturing. Known for his strategic risk management skills, he has a proven track record in client relations, public presentations and ethical leadership. Scott holds a BS in electrical engineering from the University of Texas at San Antonio and is a licensed property & casualty professional across all 50 states.

Sign Up for Our Education Newsletter

You Might Also Be Interested In

#YouToo: Lifecycle of a Sexual Misconduct Claim

The #MeToo movement has resulted in increasing sexual misconduct claims against perpetrators and the public entities (#YouToo) for whom they work or volunteer.

Read More
Creating a Culture of Emergency Preparedness

The question for most schools is not if a disaster will happen to them, but when. Being prepared for a disaster, be it an act of violence, natural disaster, or something else, before it strikes can help mitigate both losses and trauma.

Read More
Wake Up and Win!

A dynamic and engaging presentation designed to teach you how to pursue your work whole-heartedly and challenge you to stretch both as a leader and team-member.

Read More
Care and Program Considerations for Underrepresented Populations

Today’s workforce is more dynamic than ever before. In the public risk arena population segments such as first responders require a unique understanding and approach.

Read More
Leveraging Telehealth to Redefine Intake and Proactively Manage Care

Attendees will learn how intake can be bifurcated to address both care management in tandem with claims management. See how to create a virtual occupational medicine clinic and its impact on your patient population.

Read More
Virtual COVID-19 Reopening Task Force Roundtable

Presenters describe pre-existing policies/procedures that are instrumental in an entity’s ability to manage the current health crisis.

Read More
Occupational Physicals and Employee Wellness – Redirecting Costs

DECEMBER 16, 2020
By offering a robust employee wellness and occupational physical program, you can detect health conditions early that save lives and reduce the overall cost of treating medical conditions.

Read More
How Benefits Decisions Impact Risk Management

Even if we are fully insured in all lines under our risk management umbrella, each one of us will have to work on a variety of claims on behalf of our entity and some will rise to the level of a lawsuit.

Read More
Interaction of Actuarial Reports and Financial Statements

Actuarial and financial reports are interdependent and provide the boards and management the necessary financial information to fulfill fiduciary responsibility and make strategic program decisions. Understanding the roles of the two reports and where they interact will make readers savvier to understanding their programs and what questions to ask when reviewing the reports.

Read More