Tuesday, June 17 8:30 – 10:00 a.m. Session 42 Session Sponsor: Joint Risk Management Building and Maintaining Effective Risk Dashboards Moderator: Karen J. DeToro, FSA, MAAA Presenters: Karen J. DeToro, FSA, MAAA; Michel Rochette, FSA Risk dashboards can be an effective way for companies to measure and manage their risk exposures. Ideally, dashboards allow management to identify potential problem areas before an adverse event is realized. In this session, attendees will: x x x
Hear about the measures or “indicators” that companies are incorporating into their risk dashboards Be exposed to best practice presentation formats Understand the challenges companies have faced in building and maintaining risk dashboards
Value Ladder: Employer/Client Coordinator: David T. (Todd) Henderson, FSA, MAAA, CERA
Tuesday, June 17 8:30 – 10:00 a.m. Session 43 Session Sponsor: Product Development Cracking the Code: Insurer Solutions to Baby Boomer Retirement Income Needs Moderator: Brian T. Woolfolk, FSA, MAAA Presenters: John M. Fenton, FSA, MAAA; Francois Gadenne, CFA*; Jeyaraj Vadiveloo, FSA, MAAA Everyone is scrambling to find the panacea that will satisfy the incredible demand for reliable retirement income created as baby boomers begin to retire. Insurance carriers look to refresh traditional SPIA products, create new deferred immediate annuities, longevity insurance, and guaranteed lifetime income options on annuity chassis. At the same time, investment houses are developing their own insured and non-insured income solutions. Which of these products will ultimately command the market? Is there a "better" chassis for lifetime withdrawal benefits? Will SPIAs be a solution? Or will the insurance industry lose out to the investment banks? This session will feature presentations from industry experts discussing current solutions, where product development is headed in this space, and how consumers are responding (or not) to the myriad of choices. The pros and cons of various solutions will be discussed - which will aid you in making the right choice of product offering for your firm and customers. Attendees will be able to: x discuss the different retirement income solutions available x describe the pros and cons of the solutions presented x recommend the product solutions that best fit their organizations capabilities Value Ladder: Market Coordinator: John David Currier, FSA, MAAA