6:30 - 7:30 pm - Volunteers and Past Presidents/Chairmen Reception
By invitation only.
This private event honors members who gave their time this past year as committee and task force volunteers and tips a glass to the previous presidents and chairmen who have presided over our organization.
7:30 - 10 pm - Opening Reception
sponsored by Franklin Mutual Insurance
Break out your best Hawaiian attire and get ready to kick off this banner event in style! Hosted by the Young Agents Council, the 125th Opening Reception will be held at the Water Club Indoor Pool. Enjoy the sounds of Hawaiian music, grab a tropical cocktail, and relax the night away....
Specialty Food Station Sponsors:
Advantage Specialty - Turkey Carving Station
Farmers Ins Company of Flemington - Pasta Station
Imperial PFS - Dessert Station
Swiss Re - Roast Beef Carving Station
8:30 - 10:30 am - New Threats and Possibilities in Commercial and Personal Lines Insurance - Chris Boggs, Big I VU Executive Director 2 CE credits
This session will cover a lot of ground – five topics to be exact. But when we are through, you will be better able to explain some of the new exposures, policy issues, and available options on some of today's most pressing topics. Plus, you will be more at ease with the industry's so-called “disruptors.”
Understanding the Ridesharing Exposures and Coverage Options
Ridesharing was the insurance industry's first major introduction to the sharing economy. The growth of Uber, Lyft and the myriad other rideshare companies required the industry to make a coverage determination and draw a coverage line in the sand. Insurance Services Office (ISO) created three endorsements to address when the PAP ceases to provide coverage (form numbers differ by state, so only endorsement names are used). Depending on the endorsement attached, PAP coverage may cease:
- When the driver turns on the app;
- When the driver has logged in to the app but has NOT accepted a request;
- When the driver accepts a request, but has NOT picked up the rider; or
- When the driver picks up the rider.
In this session we review each of the three endorsements and which applies to what point.
Understanding the Home Sharing Exposures and Coverage Options
Airbnb, and other home sharing opportunities, hit the insurance industry about the same time as ridesharing. The difference seemed to be that the pimping of space in your house (or your entire house) was not as contentious or riddled with questions as ridesharing or car sharing. ISO developed two endorsements for the home sharing client (endorsement numbers vary by state):
- Home Sharing Host Activities Endorsement; and
- Broadened Home Sharing Host Activities Endorsement.
In this session we review the unendorsed HO policy to discover how it responds to a home sharing situation and then we review each of these endorsements.
Understanding the Other “Property Pimping” Exposures
Beyond cars and homes, your insureds are sharing (or pimping) more than you know; this among both personal lines and commercial lines clients. Do you know what your clients are sharing? Do you know how such sharing might affect or be affected by the insurance coverage? In this session we:
- Illuminate what is being shared; and
- Discuss how insurance might be affected or how underwriting might change.
Understanding the Drone Exposure and Coverage Options
Drones, more technically known as unmanned aircraft, were once a very hot topic, so hot that Insurance Services Office (ISO) released six commercial general liability (CGL) endorsements aimed at drones. The fervor seems to have calmed, but misunderstandings still exist. In this part of the session we discuss:
- Whether the unendorsed CGL policy language effectively excludes drone use or misuse;
- The six endorsements; and
- What information is needed to trigger the limited coverage endorsements.
Do “Disruptors” Really Affect You
Lemonade, Slice, Hippo, Next Insurance, and other so-called “disruptors” are all the talk in the trade press. They are cash rich from all the venture capital thrown their way – but do they pose a real threat to the independent agency system?
In this capstone segment, we look at the reality of disruptors and make predictions about the future. Yes, they will likely survive and maybe thrive – to some extent – but they will not replace you. Find out why.
11 - 11:30 am - 125th Anniversary Celebratory Champagne Brunch
Prepare to ring in our 125th year in style. This year's business meeting will kick off with a Bloody Mary, Mimosa, and Champagne Bar as we toast the future of our outstanding organization.
11:30 am - Big I New Jersey Business Meeting
sponsored by IIANJ Marketing Programs, Inc.
Chairman, Jerry Ford, will conduct the annual business meeting, including holding a vote for any presented By Laws amendments, and present his outgoing Chairman's speech, citations, and the annual State of the State address.
State of the Association - Joe Leahy, IIABA Chairman
Joe Leahy, national Big I Chairman, will share an overview of the State of the Association with attendees, providing an update on relevant association and government affairs initiatives.
1 - 2 pm - Keynote Presentation: Attitude Changes Everything, Sam Glenn
sponsored by Nationwide
Everyday you pick the attitude you will go at life with. Your attitude is a lot like a battery and sometimes it loses its positive charge. Keynote speaker, Sam Glenn, not only puts a positive spark back into everyone's attitude, he shows how to maintain that spark in the midst of adversity. As Sam puts it, picking your attitude is a lot like picking the driver of your bus. Which attitude do you want driving the bus for your life and your agency? If the wrong attitude is driving your bus, you will not achieve to your fullest potential. This is why it is vital to have attitude awareness and to understand that the attitude you choose everyday will either lead you closer to your desired success or further away from it. This program will rekindle your agency's enthusiasm and help you put the right attitude into action to achieve your best results. You may not be able to control everything that is happening around you, but you can control your perceptions, responses, and actions which ultimately form your attitude.
2 - 5 pm - Hospitality Row
Swing by Big I New Jersey's Hospitality Row and meet with companies and vendors looking to build relationships with agents. Be sure to check back for participating businesses!
6:30 pm - Chairman's Cocktail Reception
sponsored by The Cumberland Insurance Group
Join Chairman, Jerry Ford for a cocktail reception before the evening's festivities begin.
7:30 - Chairman's Ball
This special evening will feature the 2018 Board of Directors Inauguration as we welcome our new chairman, Michael Razze, the 2018 award and sponsorship recipients, and entertainment to celebrate our 125th year.
7:30 am - Grab-It-And-Go Breakfast
sponsored by Progressive
Scoop up a coffee and breakfast for the road, or sit with friends before making the trip back. Either way, be sure to fuel up!
Business casual attire (blazer, slacks, button down/collar shirt for men; pants or skirts with coordinating top/sweater for women) is appropriate for the opening reception and the Monday sessions. Formal attire (black tie optional) is appropriate for the Chairman's Ball and After Party.