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Sessions Information

  • August 8, 2023
    10:15 am - 11:15 am
    Session Type: Meeting
    Session Capacity: N/A


    ESG (environmental, social, and governance) is a framework established to evaluate the impact of both the operations and output of an organization on people, prosperity, and the planet. Captive insurance is at the forefront of ESG and captives can play a key role in a parent company’s ESG strategy. As companies experience pressure to improve their performance in the ESG sector, the challenge for many corporate leaders is that they lack understanding of exactly where they should be focusing their attention and how they should be setting their ESG goals. This discussion group, led by our two facilitators well informed on the topic, will provide an open forum for attendees to learn more about ESG and to share their strategies on how to use a captive to address a parent company’s ESG issues and goals.

    No CPE, CLE, or ICCIE CREDIT AVAILABLE
     
    Facilitators: Randal Waters, Marsh
                          Andrew Baillie, AES

    Coordinator: Finky Yan, Marsh
    Content Advisor: Maigh Wright, Marsh
     
     

    ...

Session Speakers
Organization: AES Global Insurance Company


Andrew Baillie is the Program Director of Global Insurance for the AES Corporation, a global power producer and distributor headquartered in Arlington, Va., with operations in 15 countries around the world. Andrew supports risk management oversight and the procurement of insurance for the AES Corporation for development and operational assets globally as well as managing the company’s large, Vermont-based Captive Insurance Company. Andrew has worked for AES since 2006, during which time the company’s risk management and insurance programs have developed to become world leaders among energy industry peers. In addition to almost 20 years of experience in global insurance program management, Andrew has been a regular presenter at conferences and events, and is a VCIA Board member.


Organization: Marsh Captive Solutions


Randal Waters joined Marsh in 2021. He leads the delivery of US Advisory’s climate and ESG offerings and works closely with the global Marsh ESG network as well as with colleagues from sister companies Mercer and Oliver Wyman. He provides advisory services to clients across industries including consumer products, healthcare, retail, food & beverage, and manufacturing. His expertise helps clients build resilience by improving decision-making around complex and interconnected risks to include those in the supply chain. Prior to Marsh, Randal worked in Strategy & Operations at Deloitte Consulting, primarily in supply chain strategy. He worked with clients spanning industrial manufacturing, aerospace and defense, transportation, life sciences, consumer products, and retail. This broad base of functional and sector experience provides a foundation from which to understand complex business needs. Randal specialized in helping clients assess their operations, define their strategy for improvement or transformation, and develop the ecosystem of partners to implement the strategy. He was instrumental in building the Digital Supply Networks practice and helping clients navigate digital transformation. He worked with global member firms in Asia, Europe, and Latin America and often co-delivered work with other practices including Human Capital and Technology. Prior to Deloitte, Randal was an Army officer with operational experience in Afghanistan, Iraq, and South Korea. He also served as an instructor at the Army's premier leadership school, managing a high-risk training environment. Randal holds a b.s. from the United States Military Academy at West Point and an MBA from the University of North Carolina Kenan-Flagler Business School.


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