Insurance Advisory Committee
The EIM Insurance Advisory Committee's (IAC) main objective is to respond to specific questions and assignments from the Board, and to provide input to the Board from the EIM Member Risk Managers. The IAC meets at least quarterly.
Some key objectives of the IAC include:
- act as a liaison between the Board and Member Risk Managers
- conduct special assignments from the Board or staff regarding emerging industry risk management concerns
- be a resource for staff, referencing coverage issues
- maintain a core group within the IAC that is familiar with the history of EIM and the evolution of insurance policy coverages and exclusions
IAC Committee Members
Edsel L. Carlson, ARM, FRM (Chairman)
TECO Energy, Inc.
Telephone: (813) 228-4885
Mike McFarland (Vice Chairman)
Director, Enterprise Risk Management
Great River Energy
Telephone: (763) 445-5550
Manager, Risk Management
Telephone: (980) 373-4744
Robert (Bob) Green, ARM
Insurance and Risk Manager
Public Service Enterprise Group Incorporated
Telephone: (973) 430-6501
Christopher Gregorio, ARM
NextEra Energy, Inc. / Risk Management
Telephone: (561) 304-5552
Dean R. Jobko
Director, Risk Management and Insurance
Telephone: (832) 357-5588
Marianna Michael, CIP, CRM
Algonquin Power and Utility Corp.
Telephone: (905) 465-4455
Director Risk and Insurance
Entergy Services, Inc.
Telephone: (479) 858-4915
Director, Risk & Insurance
Plains All American Pipeline, L.P.
Telephone: (713) 993-5038
Roni A. Salo
Insurance Manager Risk Services
Telephone: (218) 720-6226 x3550
Forrest L. Strachan
PJM Interconnection, LLC
Telephone: (610) 666-4687
Vice President Corporate Insurance
Telephone: (925) 557-2243
Telephone: (517) 788-0714
L. D. Wade
Manager - Corporate Risk
Dominion Energy Services, Inc.
Telephone: (804) 771-3587
The Energy School - 2018 Program
This will be the second school held at Florida State University, Tallahassee, FL and it will run from October 28-November 1, 2018. This year we have many exciting educational topics and industry specialist presenters along with special venues showcasing Florida State University.
The estimated cost per participant (anticipating a maximum of 35 students) is $4,000, which includes accommodations, meals, and shuttle to and from the University. There has been no increase in total price since the last school. With all four industry mutuals (Aegis, EIM, NEIL and OCIL) teaming up to sponsor this opportunity, the cost absorbed by each risk manager attendee is $1,000. We hope this will generate record participation in the Energy School this year! The spots will be offered to risk management staff with the possibility of brokers attending if all the seats are not taken by risk manager delegates.
The chief executives of energy mutual companies: the OIL Group of Companies, Nuclear Energy Insurance Limited (NEIL), Energy Insurance Mutual (EIM), conceptualized, sponsored and helped develop The Energy School program that was first launched in May 2007 at the Bauer School of Management at the University of Houston.
The sponsors created the program to address a need for developing the knowledge and skills of their risk management and other staff members through an intensive and challenging educational forum customized for the challenges and opportunities of the energy industry.
After the Bauer School was unable to accommodate the program for 2008, the sponsors conducted a national search for a new academic partner, which led them to the Academy of Risk Management and Insurance of the Haub School of Business at Saint Joseph's University.
The sponsors in 2016 agreed to make Florida State University (FSU), which houses one of the oldest and highest ranked insurance and risk management programs in the nation, the new home for The Energy School Program. Also in 2016, AEGIS joined as a program sponsor.
Learning Goals of the Program
The Energy School is a customized education program intended to enhance the knowledge and skills of industry professionals and future leaders in relevant areas of energy risk management.
The sponsoring companies and their clients know that investing in the professional development of their members is vital for maintaining success and leadership. Programs like The Energy School perpetuate lifelong learning and instill values that inspire people to do more and be more for themselves and for their organizations.
The Energy School offers participants a unique and challenging learning environment that provides relevant information, improves competency in performance, and enriches relationships and networks. As a result of the program the participants will:
- Gain a “big picture” view about managing risk in the energy industry.
- Understand and value the unique and shared RM issues, challenges and opportunities.
- Gain perspectives and insights that foster knowledge in key areas in the RM discipline, and self-assess their role, responsibility and competencies in risk management.
- Apply their learning in ways that will enhance performance on-the-job.
- Build competencies that help them support their respective companies to embrace the challenges and changes of their industry.
- Engage with peers and industry experts toward building meaningful professional relationships.
- Enjoy an environment that fosters knowledge sharing, applied learning, introspection, interaction, camaraderie and professional networking.
IAC Meeting Updates
Summary of discussion items: EIM management and the IAC discussed the Risk Managers Information Meeting. Overall the meeting and the speakers were well received. EIM received positive feedback from the attendees. The IAC task force committee chairs discussed the following in a panel discussion at the Risk Managers Information Meetings discussed the following topics: Cyber…Read More
Summary of discussion items: EIM Policyholders’ Surplus grew to $1.155 billion through October, 2017. With a current membership count of 156, EIM’s membership retention remains at 99%. Energy School is scheduled for the fall of 2018 at Florida State University in Tallahassee, Florida. New business opportunities include GL- 8 submissions, D&O – 3 submissions; Property…Read More
Summary of discussion items: EIM Policyholders’ Surplus grew to $1.129 billion through August, 2017. With a current membership count of 158, EIM’s membership retention remains at 100%. The two major hurricanes, Harvey and Irma, should not be a major loss event for EIM. New business opportunities include GL 3 submissions, D&O 2 submissions; Property 11…Read More
Summary of discussion items: EIM Policyholders’ Surplus grew to $1.08 billion through April, 2017. Discussion took place on options with respect to excess Surplus. EIM may consider additional distributions or other actions in the event there is excess surplus. With a current membership count of 158, EIM’s membership retention remains at 100%. New business opportunities…Read More
Summary of discussion items: EIM management and the IAC discussed the Risk Managers Information Meeting. Overall the meeting and speakers were well received. EIM received positive feedback from the attendees. EIM management and the IAC task force committees discussed the following: Cyber Liability – task force reported on the University of Cambridge cyber report. Renewables…Read More