In this episode of Alliance NOW! Stephen Paul Weiss, MS-Inc, CPCU, AMIM, NAMS-CMS, Chair of the Houston Marine and Energy Insurance Conference, brings to light the pressing issues and emerging trends within the energy and marine insurance sectors. The discussion covers critical topics such as the integration of renewable energy sources and the hurdles in baseload power supply, the complexities of global supply chain disruptions, and the evolving landscape of catastrophic risk management. Weiss emphasizes the industry’s response to severe weather events, the importance of infrastructure improvements, and the role of risk mitigation strategies like data mining in shaping more resilient insurance solutions.
The conversation highlights the significance of community education and continuing legal education through the Houston Marine and Energy Insurance Conference, stressing the need to engage younger generations in the dynamic field of insurance.
Learn more about Marine & Energy Insurance in a PROFocus Course.
About Our Guest:
Steven Paul Weiss, MS-Inc, CPCU, AMIM, NAMS-CMS
Steven’s experience in Ocean and Inland Marine Insurance includes over 35 years of experience as a Marine Surveyor, Loss Adjuster, Direct Insurance and Reinsurance Underwriter following his eight years of active and reserve service with the U.S. Navy.
Steven has recently started Incarnation Specialty Underwriters an Ocean and Inland Marine Delegated Underwriting Authority focused on Cargo, Project Cargo, Transportation and other lines.
Previously as Senior Vice President/Chief Underwriting Officer at Munich Re Specialty Group Insurance Services, Steven was responsible for a team of Ocean and Inland Marine Underwriters writing over 140 million in direct premium at loss ratios below 40%. He worked closely with underwriters, brokers, and assureds to minimize risk and maximize return for both parties.
Steven has extensively travelled and worked internationally, opening offices in Latin America while at Liberty and worked with insureds on 6 continents.
Steven’s passions include family, gardening, Sporting clays, the Houston Marine and Energy Insurance Conference and mentoring and developing incoming or current colleagues in the Insurance Space.
A lifetime learner and self-professed insurance nerd, Steven received his BA-History from Virginia Military Institute, MS – Insurance Management from Boston University and the Associate in Marine Insurance Management and Chartered Property and Casualty Underwriter certification from the American Institute for CPCU. Steven is also an active member of the National Association of Marine Surveyors serving as a president (first for 4 years) and now as an International Regional Vice President.
In March 2023, Steven was honored with the St Mary’s Greehey School of Business “Risk Management Professional of the Year”
