Google Cloud HUB

Matt Hardy Leader of Chubb Climate+, Chubb Overseas General and Tim Charters Climate Tech Practice Leader for the UK and Ireland, discuss the main risks facing businesses pursuing Net Zero ambitions and the role insurance has to play to support risk managers.

What impacts could a black swan event – a 200-year flood or super typhoon – in Peninsular Malaysia or Singapore cause? These regions have some of the largest clusters of manufacturers in the pharma and semiconductor industries, with far-reaching consequences.

Complex risks (such as those in supply chains, energy, automotive, etc.) are increasingly becoming harder to measure and manage, and harder still to insure. What challenges exist in addressing them today and what needs to change?

Shruthi Rao, Adapt Ready’s CEO, discusses the technology and tools available to uncover hidden risks within global supply chains, energy infrastructure, etc. and how AI can help in meeting the current market needs, fill the clarity and coverage gaps for insurers and insureds respectively.

This session will highlight some of the hidden risks for business created by climate change and discuss how risk managers can identify and mitigate them to build effective operational resilience.

To help risk managers identify and mitigate hidden climate risks to build effective operational resilience.

Cyber exposure is often considered on a per event perspective from ransomware threats to theft of data to business interruption. This session hopes to create a clearer picture of how to utilise analytics to gain more clarity on the risks that face your organisation.

In this session we will explore the following key aspects:
• Understanding what data is available for usage in analytics for cyber
• How to interpret cyber analytics results and what to look out for
Utilisation of analytics within your organisation to assist internal discussions from cybersecurity investment to insurance

Companies across different industries have sustainability strategies geared towards investors. However, for insurance underwriters, there is a different interest. Through this session, we’re sharing how incorporating the risk managers’ perspectives will deliver impact in your sustainability strategy.

The difference between cell companies and wholly owned captive structures, specifically how these two types of vehicles are viewed from the perspective of a Guernsey insurance manager and secondly, by the Guernsey financial regulator.

To be able to differentiate between a cell company and a wholly owned captive structure.

To be able to identify the advantages and disadvantages of both self-insurance methods.

The benefits and features of Guernsey as the leading European captive/cell domicile.

The role of the Guernsey regulator.

The global cyber insurance market is currently estimated at $11bn and is projected to grow to $25bn by 2025. Following two years’ of hard market conditions, a more stable market has emerged in first quarter of 2023. So, is the cyber insurance market approaching the point of longer-term viability?

Lesssons learnt from the hard market

How to better assess, quantify and insure cyber risks

How cyber insurance must evolve to remain relevant and deliver value