Commissioner Sullivan to kick off ICT’s P&C Symposium

05/16/2018

The Insurance Council of Texas (ICT) will host its 26th Annual ICT/AFACT Property and Casualty Symposium in a new location and opens the event with a one-on-one question and answer session with Texas insurance commissioner Kent Sullivan. The Symposium will be at the Hyatt Regency Austin on Lady Bird Lake starting on the afternoon of Thursday, July 12, and continuing the morning of Friday, July 13. Registration for the event is now open at www.ict2018symposium.org and early bird registration lasts until June 12th.

The Symposium starts Thursday afternoon with ICT executive director Albert Betts and Commissioner Kent Sullivan covering a variety of topics, including lessons learned in the aftermath of Hurricane Harvey and the commissioner’s thoughts on the state of the Texas property and casualty market.. Next, a panel of global reinsurance experts will talk about the state of the reinsurance market after the 2017 hurricanes and floods in Texas and the rest of the nation.

Later that evening, ICT will host a Welcome and Networking Reception which includes a silent auction to raise money for the ICT Education Foundation, a 501 (c)(3), charitable organization. The ICT Education Foundation raises funds for college scholarships and other education funding to support insurance education in Texas universities.

On Thursday morning, as part of our effort to support the next generation of insurance professionals, ICT Education Foundation scholarship recipients will be take part in the 3rd Annual Speed Interview and Networking session with participating insurance companies. Last year, 18 insurance companies interviewed 28 insurance and risk management students in a two-hour period. Insurers looking for excellent candidates are urged to contact ICT to participate.

On Friday, July 13, Dr. Bob Hartwig leads off the final day of the Symposium with his view of the state and national markets and what the future may hold. Richard McCathron with Hippo Insurance Services, will discuss how his company is using the latest technology and consumer interaction to offer new ways of conducting the business of insurance. Denise Garth with Majesco, will discuss how insurers are addressing increasingly complex technology questions and providing the industry new technological tools and strategies to keep pace in today’s evolving market.

The Symposium will finish with a Lunch and Awards presentation where ICT will announce this year’s Raymond Mauk Leadership Award recipient. The award is given to someone who has made a significant contribution to the Texas property and casualty industry. Last year’s recipient was Lyndell Haigood, who served as a regional vice-president with State Auto, was a member of IC’s board of directors, and chaired the Association of Fire and Casualty Companies of Texas (AFACT).

The Symposium is sponsored each year by ICT’s member companies and other insurance industry participants. All education foundation sponsorships and contributions go toward funding ICT’s Education Foundation. Registration is open at www.ict2018symposium.org.