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Webinar | Risks Associated with Board Representation – What to Consider?
Wednesday, July 14, 2021, 12:00 PM - 1:00 PM CDT
Category: Minnesota

10:00 AM - 11:00 AM (Pacific)
11:00 AM - 12:00 PM (Mountain)
12:00 PM - 01:00 PM (Central)
01:00 PM - 02:00 PM (Eastern)

Zoom invitation will be shared the day before the event.


Congratulations on your new opportunity to join the board of directors of a private company!  While the excitement and honor are valid, there is also personal and professional risk that accompanies board representation.  Join us for a discussion on what prospective board members should consider from a risk perspective when accepting a board position and how existing boards can attract strong candidates with a risk mitigation strategy.  Our panel will provide guidance on considerations specifically related to risk assessment and how director’s and officer’s insurance supports risk mitigation.

Thank you to our National and Gold Chapter Sponsors!




Scott M. Stence
Vice President - Executive Risk
Hays Companies, Inc.

Scott has experience in marketing, program design, fostering relationships in key markets, organizing & implementing renewal strategies, and attracting new business submissions. His coverage focus is on D&O, E&O, EPL, Fiduciary, and Fidelity. 

Most recently, Scott was a Senior Underwriter at Freedom Specialty where he managed the Midwest Region's Financial Institution business. He focused on primary & excess Executive Risk Insurance for asset managers, private equity, and banks & insurance companies in markets including Chicago, Minneapolis, Kansas City, St. Louis, Dallas and Houston. 


Dan Maholias
Senior Vice President
Hays Companies, Inc.

Following graduation, Dan joined Federated Mutual Insurance Companies in the fall of 1992 as a Marketing Representative in the Minneapolis service office. He joined Hays as an Account Executive in 1994.

From 1994 to 2000, Dan was responsible for Business Development, and Account Management.  From November 2000 to May 2002, Dan was promoted to Managing Director of Hays Companies of Kansas City, which was acquired in the Summer of 2000.  Dan was charged with integrating the Kansas City acquisition into the Hays organization.  His duties included divesting of a TPA operation, evaluating financial and organizational performance, and developing the strategic plan that continues today.  Upon completing that ‘integration’, Dan returned in May of 2002 to not only continue servicing his established clientele, but also to assist in the continued growth of Hays Minneapolis, as well as our other Hays offices.


Tom G. Kamp, CFA
Director and Audit Committee Chairperson
The Taiwan Fund, a New York Stock Exchange 

Tom  Kamp began his career as an entrepreneur in the electronic manufacturing services industry.  After selling the company he founded, he became a venture capitalist and then an institutional portfolio manager, managing over $11 billion on a team that managed over $85 billion.  He currently serves on the boards of 5 organizations (3 for-profits and 2 not-for-profits).  Tom is a Director and the Audit Committee Chairperson of The Taiwan Fund, a New York Stock Exchange listed investment company. Mr. Kamp also serves on the Executive Board of the Lyle School of Engineering at Southern Methodist University and serves as the Vice-Chairperson of the Entrepreneurship Committee there. He is the Chairperson of the Foundation Board of Elim Christian Services (an organization dedicated to equipping people with disabilities to achieve their highest God-given potential). Mr. Kamp is the Chairperson of Finley’s Barkery, the feel good, do good dog treat company dedicated to reducing the nearly 80% unemployment rate for people with disabilities. Finally, Mr. Kamp recently joined the board of advisors of FHL Investment Management Company and is an Executive Committee Member for the Private Directors Association. 



Allison Schultz Gelfman
Executive Director 
JP Morgan Chase

Allison Gelfman joined JP Morgan Chase’s Commercial Banking team in 2019 as an Executive Director. She is Co-Chair of local Women on The Move initiative and Part of Diversity and Inclusion council. Allison worked as a CFO for medical technology startup JLJ Medical Devices international. She later spent 19 years at Wells Fargo – primarily in the Corporate Bank as a Relationship Manager focusing on the Food and Agriculture space, later moving to the Global Bank and then the Middle Market. Allison has a Bachelor of Business Administration from the University of Michigan – Stephen M. Ross School of Business. She is Co-Founder & Executive Committee Member for the Private Directors Association and an Advisory Council Member of Cowles Center for Dance.