LARIMS | Los Angeles Risk Insurance Management Society

Event Registration

"A Great Recession, An Awful Recovery"

When

Wednesday, August 20, 2014
Program Time:11:30 A.M.
Adjourn Time:1:30 P.M.

Cost

Registered and paid in advance:	$49
At the door registration:	$65

Venue

Beverly Garland Holiday Inn
4222 Vineland Ave.
North Hollywood, CA 91602

Guest Speaker(s):
Damion Walker, MBA, Senior Vice President, Executive Liability Practice, HUB International
Dan North, Chief Economist, Euler Hermes North America

Event Details:

Presentation

Last August your company won a huge new customer. Everything went like clockwork, from the initial holiday order to November's final delivery. Then a huge re-order in March to replenish the goods that sold over the holiday season... But everything came to a screeching halt in May - because their account had not been paid. Your accounting department's phone calls aren't being returned. And now - your organization is stuck with a huge unpaid bill and not enough resources to cover the missing cash flow, and your CFO says the firm might not make payroll this Friday.

The Great Recession left scars across the U.S. economy, which have yet to heal in this most anemic of recoveries. We will focus on how the roots of the recession strangled the growth of the recovery, and how that growth could return to a more optimistic path. Along the way we will examine developments in housing, employment, consumption and manufacturing, and we will look at how fiscal and monetary policies may have helped or hurt the situation.

Trade Credit and Political Risk Insurance can protect against the above scenarios and much more. Learn more about these coverages and why your firm may need it - not just to protect against risk, but to expand sales and protect its foreign assets.

Speaker(s):

Damion Walker, MBA
Senior Vice President, Executive Liability Practice, HUB International
With over 20 years of financial and insurance experience, Damion Walker provides critical analytical and consulting services to his clients and prospects seeking to mitigate credit, political, cyber, and executive liability risks. Damion's expertise encompasses a broad portfolio of critical business development and organizational risk categories for both large and middle sized corporations especially those with international exposures.

Damion joined HUB in 2013. Prior to joining HUB, Damion lead various trade credit and political risk functions at both Marsh and Willis for over a decade. Damion began his career in insurance with AIG, where he worked for three years as an underwriter of multi-debtor and special trade risk credit insurance. Prior to joining the insurance industry, Damion served as a senior controller for a global toy company and prior worked in the grocery industry through his college years.

Damion received his Bachelor of Science in Marketing and MBA in Finance from California State University, Long Beach.

Dan North
Chief Economist, Euler Hermes North America
Dan North has been with Euler Hermes North America since 1996, using macroeconomic and quantitative analyses to help manage Euler's risk portfolio of more than $120 billion in annual U.S. trade transactions.

As an economist he has appeared on CNBC, Fox Business News, France 24, and Bloomberg Radio and Television. He has been quoted by Barron's, Business Week, Paris Le Monde, Tokyo Nikkei, the New York Times and the Wall Street Journal. After having predicted the 2008/2009 recession and its implications accurately, he was ranked 4th on Bloomberg's list of the 65 top economic forecasters in 2010.

Mr. North holds an MBA from the Wharton School of Business.