Summary
Insurers have faced a rapidly evolving financial landscape shaped by ongoing market volatility, higher inflation, and the Fed's interest rate policies. While public fixed-income and equity markets continue to be core components of insurance portfolios, the current environment has driven insurers to seek alternative strategies. Private credit has taken center stage, offering promising opportunities for yield, diversification, and resilience in a time of uncertainty.
Join us for an insightful webinar featuring three leading experts from S&P Global and Clearwater Analytics as they delve into recent studies on insurance investments, including the intersection with private credit. Our panelists will provide insights from insurer balance sheets, trends in AUM among third-party asset managers, and the current private credit landscape. Whether you're a current investor or exploring new opportunities, this session promises valuable perspectives that you won't want to miss.
Speakers
Clearwater Analytics
Steve Doire
Clearwater Analytics
Strategic Platform and Client Advisor CFA, CPA, CPCU
S&P Global Market Intelligence
Tim Zawacki
S&P Global Market Intelligence
Head of Financial Institutions Research
Tim Zawacki is Head of Financial Institutions Research and Lead North American Insurance Analyst at S&P Global Market Intelligence, where he oversees a team of analysts producing data-driven research across the banking, fintech, and property and casualty, life, and health insurance sectors.
A widely recognized voice in the insurance industry, Tim brings nearly three decades of continuous coverage to bear on the structural forces reshaping insurance markets — from balance-sheet transformation and the accelerating influence of private capital, to the evolving intersection of sustainability and risk transfer, and the wave of consolidation redefining competitive dynamics across every segment of the industry.
A sought-after thought leader, Tim is a frequent speaker at major insurance industry events, where he is known for translating complex regulatory, financial, and strategic developments into clear, actionable perspective. His analysis and commentary are regularly cited in prominent business publications and news outlets, and he is regularly called upon by journalists, executives, and policymakers seeking authoritative views on the forces driving industry change.
Tim previously served as Principal Research Analyst and Insurance Sector Strategist at S&P Global Market Intelligence, roles in which he developed the firm's flagship insurance research franchise and established its reputation for rigorous, data-intensive analysis rooted in NAIC statutory filings. In these capacities he built out coverage across all major insurance lines, originating research on underwriting performance, investment portfolio construction, regulatory developments, and emerging structural trends that has informed the strategies of insurers, investors, and advisors across the market.
Prior to the 2015 acquisition of SNL Financial by S&P Global, Tim spent more than a decade at SNL building deep expertise at the intersection of insurance, financial services, and capital markets, helping to establish the firm’s statutory financial coverage and chronicling the rise, fall and rebirth of the securitization market through the global financial crisis.
He is a 1999 graduate of the University of Virginia.
S&P Dow Jones Indices
Richard Labelle
Senior Associate, Private Market Indices
Ricky LaBelle is a Senior Associate, Private Market Indices at S&P Dow Jones Indices (S&P DJI), where he covers private market indices.
Prior to joining S&P DJI in August 2022, Ricky worked in S&P Global Market Intelligence, joining through the merger with IHS Markit. While at IHS Markit, he supported the pricing, valuations, reference data and indices business in North America.
Ricky holds a Bachelor of Arts degree in economics from Bates College.
S&P Dow Jones Indices
Kelsey Stokes
S&P Dow Jones Indices
Head of Financial Institutions Sales, Americas
Kelsey Stokes is Head of Financial Institutions Sales, Americas at S&P Dow Jones Indices (S&P DJI). The insurance sales team works with insurance carriers, product design groups, banks, IMOs and other parts of the insurance ecosystem to understand the market’s needs and deliver the iconic and innovative S&P DJI indexing franchise.
Previously, Kelsey held roles in both sales and marketing at S&P DJI, where she worked closely with insurance carriers to identify new multi-asset indices best suited to their needs and support their education and distribution efforts. Before joining S&P DJI, she led equity and alternative index derivatives marketing globally for CME Group.
Kelsey graduated Summa Cum Laude with a Bachelor of Science degree in journalism from Northwestern University and holds an MBA from Northwestern University’s Kellogg School of Management.