Property Underwriter’s Perspective on the Renewal Process
Tom Keel, MPA, ARM, CSHO, Account Executive - National Public Entity Practice Group, McGriff
John Palm III, ARM, Account Executive - National Public Entity Practice Group, McGriff
June 29 | 12:00 pm -1:00 pm EST
This webinar will provide information on the property insurance renewal process from the property underwriter’s perspective to assist public entity risk managers with budget planning and renewal preparations.
The U.S. commercial property & casualty (P&C) market continues to harden due to several unique and interrelated challenges. The P&C market has traditionally been cyclical. Hard markets have generally been represented by rising premiums and reduced capacity while soft markets usually see a longer period of falling rates and expanding capacity. Communication is key with both the insured and insurers, so that realistic budgets can be presented with multiple options. This webinar will provide information on the Property insurance renewal process from the Property underwriter’s perspective to assist Public Entity Risk Managers with budget planning and renewal preparations.
Attendee Takeaways:
- Current market trends
- Contributing causes of the Hardening Market
- How to prepare for the renewal process
- How to highlight your organization to the underwriters for a favorable renewal
Presenters
Tom Keel, MPA, ARM, CSHO, Account Executive - National Public Entity Practice Group, McGriff
Tom Keel is an Account Executive for the National Public Entity Practice Group for McGriff. Tom is a licensed agent for property & casualty, a licensed risk manager, and a licensed multi-line adjuster. Tom is a Certified Safety and Health Official (CSHO) in both General Industry and Construction and holds the Associate in Risk Management (ARM) from The Institutes. Tom served for 17 years in public risk management roles and has been in the insurance industry for 27 years. Tom has been a PRIMA member since 2008.
John Palm III, ARM, Account Executive - National Public Entity Practice Group, McGriff
John Palm is an Account Executive in the Public Entity Division of McGriff, handling multiple public entity accounts, including cities, counties, schools and transportation authorities. Prior to joining McGriff, John served for 12 years in public risk management roles for two large school districts in Texas.
John has been a member of PRIMA since 2007 and has served on multiple membership committees. He has also been heavily involved with PRIMA at the state chapter level, having been elected to the Texas PRIMA Board of Directors in 2013 and serving as Chapter President in 2017.
John holds the Associate in Risk Management (ARM) designation from the Insurance Institute of America
