41st Annual Inland Marine Seminar-41st Annual Inland Marine Seminar

Video Transcription

Video Summary

The video transcript covers the 41st Annual IMUA Southeast Regional Seminar, which is being held virtually and focuses on various topics related to the inland marine insurance industry. Over 200 attendees are present, making it the largest attendance to date. The session includes discussions on warehousing, battery energy storage systems, cross-laminated timber, and modular construction. Risk management considerations for contractors, supply chain disruptions, and COVID vaccine handling are also addressed. The speakers emphasize the importance of adhering to FDA regulations, managing pharmaceutical storage challenges, and mitigating risks associated with temperature control and security in the warehouse operations amidst disruptions in the supply chain. Furthermore, the video delves into battery energy storage systems (BESS), discussing operational risks, examples of incidents, risk control measures, and underwriting considerations. The importance of proper siting, monitoring, maintenance, and underwriting practices for BESS units is highlighted to ensure safety and longevity. The session underscores the significance of thorough risk assessment, monitoring, and maintenance for the safe operation of battery energy storage systems.

Asset Caption

Date of Publication: October 21, 2021
Duration: 2 hours

Presented by the Southeast Regional Advisory Committee

This virtual seminar is broken up into two main topics: Warehousing/Logistics and Battery Energy Storage Systems (BESS). Warehousing/Logistics covers WLL, perils exposed, supply chain disruptions, and food safety/ pharma / COVID vaccines. Battery Energy Storage Systems (BESS) gives an overview of new and emerging technologies and their risks and goes over loss trends and best practice risk control.

Warehousing/Logistics presented by:
Sam Rizzitelli, Esq., Markel Marine Divisional Director

Battery Energy Storage Systems (BESS) presented by:
Ken Travers, Technical Manager Property & Product
Bill Larson, Inland Marine Technical Manager Risk Engineering Organization, The Hartford

Meta Tag

Module 41st Annual Inland Marine Seminar

Keywords

41st Annual IMUA Southeast Regional Seminar

virtual event

inland marine insurance industry

warehousing

battery energy storage systems

cross-laminated timber

modular construction

risk management

supply chain disruptions

COVID vaccine handling

FDA regulations

pharmaceutical storage challenges

temperature control

security

risk assessment