2nd Annual Health Care Industry Forum:
Innovative Solutions in the Health Care Industry
- Agenda
Thursday, August 17, 2017  |  Registration: 8:30 to 9:00 a.m. |  Program: 9:00 a.m. to 12:45 p.m.

1871 | theMART, 222 W Merchandise Mart Plaza | Chicago, IL
Auditorium on the 12th Floor

8:30 a.m.-9:00 a.m.

9:00 a.m.-9:10 a.m.

9:10 a.m.-10:25 a.m.
(Group Session)

10:25 a.m.-11:10 a.m.
(Group Session)

11:15 a.m.-11:55 a.m.

Noon-12:40 p.m.

12:40 p.m.

Registration and Breakfast

Welcome and Introductions

Cyber Risk in the Health Care Industry (Group Session)
Rocco Grillo, Cyber Consulting Leader, Stroz Friedberg
Matt Chmel, Vice President & Team Leader, Aon 
Sam Tashima, Associate Director & Actuary, Aon

Cybersecurity has become an increased risk in the health care industry. Organizations are under pressure to refine their defenses against attackers who are constantly advancing their techniques. In this group session our Stroz Friedberg experts will lead you through a Ransomware Cyber Extortion table top exercise. Our Cyber experts will also cover best practices to help manage and mitigate the risk.

Supply Chain (Group Session)
Devin Derstine, AGRC Director-Business Development, Aon
Lauren Field
, Associate Director, Property Claims, Valuation and Advocacy, Aon
Many large healthcare organizations have dedicated supply chain risk management teams and sophisticated, ongoing programs to address potential exposures and comply with complex requirements. In this group session, colleagues from the Aon Risk Solution Supply Chain practice will present the Aon Supply Chain Diagnostic, an online assessment and reporting tool designed to enable our healthcare clients to self-assess their supply chain preparedness. The Supply Chain Diagnostic measures the effectiveness of an organization’s supply chain risk management against more than a dozen critical supplier and enterprise exposures including business interruption.

Breakout Sessions #1 (Attendees select 1 of 3 concurrent sessions)
  1. Broker Support and Benchmarking
    Virginia Jones, Senior Consultant & Actuary, Aon
    Erik Johnson, Director & Actuary; Health Care Practice Leader, Aon
    Aon’s Actuarial & Analytics Practice (“AAP”) maintains a practice group dedicated to gathering data and providing analytics related to risks faced by the Health Care industry. Our annual Aon/ASHRM Hospital and Physician Professional Liability Benchmark Report gives us an unparalleled database platform for understanding cost levels and trends in medical malpractice. We use the database to perform “customized benchmark comparisons” which give healthcare systems a detailed understanding of their cost of risk performance compared to peer groups. The information can be further extended via our “brokerage support package” to statistically test a variety of retention and limit combinations. Most importantly, our actuarial and brokerage teams present the information in a practical way leaving our clients with an understanding of three concepts - What is accurate? What is possible? And what is optimal? 

  2. Workforce Strategies
    Vicki Missar, Associate Director, Aon
    Learn the latest tools, practices and procedures Health Care Companies are deploying to lower injuries and maintain overall health and wellbeing of direct care workers. This includes:

    • Redefining data elements for faster strategy development
    • Tools for identifying program gaps and why this is important
    • Best practices for total worker health across the continuum of care
    • Smartphone apps to provide consistent and immediate risk assessments
    • Strategies for getting the most out of risk control services imbedded into insurance programs.
    • Resources  and support

  3. Equipment Maintenance
    Gary Williams, Founder, Veritas Simplex
    Jason Bennett, Alternative Risk Financing, Aon 

    The Veritas Simplex / Aon partnership  is pioneering innovative equipment maintenance management practices for healthcare provider clients as unbiased client advocates. Unique to the market with a focus on alternative risk financing, Veritas Simplex teaches clients a truly fresh approach to equipment maintenance management by demonstrating new ways to look at data sets and new ways of strategizing including developing self-insurance/captive programs which if properly built have a low investment expectation and a high frequency, low severity, short term liability risk.

Breakout Sessions #2 (Attendees select 1 of 3 concurrent sessions)

  1. Pandemic
    Kimber Lantry, Executive Vice President, AXIS Capital
    Dominic Colaizzo, Chairman National Healthcare Practice, Aon

    In this session we will focus on the growth and spread of virus epidemics and pandemics worldwide, and why it is happening; we'll review the analysis of the specific viruses most likely to cause pandemics, using best practices analytic data. Hear about the risks hospitals face due to financial losses arising out of treating pandemic patients. We will also touch on the insurance coverage available to hospitals to mitigate the risk.

  2. Personal Liability
    Martha Jacobs, Managing Director, FSG U.S. Health Care Practice Leader, Aon

    For the first time ever, personal liability appeared in our 2017 Aon Global Risk Management Survey, indicating that there is rising concern around this particular risk. In this session we'll discuss the evolving personal liability around patient harm, false claims act settlements. We'll discuss ways to ensure you have adequate coverage.

  3. Reputational Risk
    Nir Kossovsky, MD, CEO, and Director of Steel City Re

    Jason Bennett
    , Director-Alternative Risk Financing, Aon
    Reputation risk again tops the 2017 Aon Global Risk Management Survey for all industries and is #2 for the health care industry. While companies can recover from these types of events where reputation and brand are significantly impacted, the damage is often personal and long-lasting. Insurance solutions are limited in this space as this risk requires sophisticated modeling and underwriting. Our speakers will discuss comprehensive solutions for the health care sector.

Closing Remarks