Join us for breakfast and a joint education event with
Carrico Maldegen Insurance and Chubb
Date: Thursday, September 21, 2023
Time (includes light breakfast): 8:30 am to 11:00 am
Location: Hotel Indigo in Traverse City
This presentation has been approved for 2 CFP CE's
NOTE: DEADLINE TO REGISTER IS THURSDAY, SEPTEMBER 14TH
TWO PRESENTATIONS!
Solving the Puzzle:
Easily Integrate Insurance into Your Financial Planning process
presented by Rich Carrico, CIC, CAWC, President of Carrico Maldegen Insurance Agency
About the Presentation: Most of us have enough insurance knowledge, as they say, to make us dangerous. We know insurance is critical to the financial planning process, but do we really know enough to help our clients? How do we integrate this into our practice without having to become an insurance professional? This presentation will clearly explain how insurance supports the financial planning process, address the risks your clients are facing, and provide immediate solutions you can implement to solve the insurance dilemma. Participants should be able to walk away with an understanding of . . .
- Understand how insurance supports the financial planning process
- Learn the types of risks that could derail your clients' plans
- Develop solutions for benchmarking a client's current coverage to account for the risks they face
About the Presenter: Rich Carrico, CIC, CAWC is the president of Carrico Maldegen Insurance Agency located in Northville, Michigan. He is a Certified Insurance Counselor and has been in the insurance business for over 30 years. Rich has been a speaker at several FPA, MICPA and other professional firm events. Carrico Maldegen is an independent insurance agency, whose roots go back over 90 years. Their firm specializes in asset and cash flow protection for wealth management and business clients. They assist financial planning firms by offering their complementary process, Net Worth 360, to help evaluate and protect against insurable risks their clients face.
Market Trends 2023
presented by Wesley Madara, Midwest Region Sales Leader for Chubb Personal Risk Services
About the presentation: This course discusses the risk and trends that are affecting high net-worth individuals as they consider their personal lines insurance program. It discusses how inflation impacts the insurance market and impacts loss trends. It reviews changes that are occurring in the marketplace relative to the P&C reinsurance market and capacity issues in coastal states. The course reviews weather trends and shows billion-dollar disasters and where they occurred in 2022. It reviews the changes in the collections markets and how boat sales are trending. It also discusses liability claim trends and the top risks high net-worth individuals face. Financial advisors can use this material to better understand the trends and impacts on their client’s insurance portfolios.
- Participants will learn what specific trends are affecting insurance portfolios for successful families today.
- Participants will understand how inflation and loss trends are affecting the insurance marketplace and their direct impact on clients.
- Participants will understand the changes in ancillary markets such as boating and art collections, and how that affects their clients’ insurance portfolios.
- Advisors will better understand the liability claim trends in the marketplace that are impacting successful families and their insurance portfolios.
About the Presenter: Wes Madara, is the Senior Vice President, Midwest Sales and Distribution leader at Chubb leading the PRS Sales and Distribution team in the Midwest, driving growth and working with distribution partners. Wes has over 16 years of experience with Chubb PRS working with agents and brokers to craft insurance solutions for successful families and individuals. He started his career with Chubb as an underwriter trainee in the NJ Underwriting Center before transitioning to a BDM on the S&D team in Minneapolis. Wes then spent time in the St. Louis and Kansas City branches as the Personal Lines Manager. In his latest role Wes led the S&D team in Michigan, Ohio and Kentucky and was the SME for Sales for the Group Personal Excess Product Line. Wes has a B.A. in Economics from Bucknell University.
Questions: Contact Mary at info@fpami.com or (248) 330-7757.