Tuesday 20 June
S1. Cyber Risk – what really matters
This seminar will examine cyber risk trends and integration of cyber risk within ERM and governance frameworks.
Threats in cyberspace will continue to evolve and diversify as cyberattack capabilities become commoditised and proliferate to a wider range of states and criminal groups. The number of actors with the ability and intent to target attacks will increase, and these threat actors will employ a wider range of levers to conduct disruptive activity. As attacks continue to proliferate and the potential penalties, both regulatory and in terms of loss of customer trust, increase, cyber risk is a priority for every organisation, industry, and government. Where is this evolution taking us?
Cyber Growth Leader
Partner and Head of UK Cyber Team
Clyde & Co
Head of Cyber Proposition
Liberty Global Group
Client Partner - Insurance
S2. Geopolitics and Geoeconomics – shaping the world
This seminar will consider the macro-political and financial environment and implications for strategic risk and risk financing.
Geopolitics and Geoeconomics increasingly have a major impact on the long-term sustainability of organisations, sectors and society. Uncertainty is here to stay and will contribute to a more volatile business environment in the foreseeable future. Instability typically has a negative impact on the risk appetite of organisations and can encourage boards to look shorter term, just when their eyes should be focussed beyond the horizon.
Liberty Specialty Markets
Head of Market Development
Head of Underwriting Strategy & Delivery
Lead Security Analyst for Central and West Africa
Client Relationship Management Director
S3. Rising global temperatures – physical risk consequences
This seminar will explore existing and emerging acute and chronic climate risks, as well as the triggering of climate tipping points which can drastically accelerate more extreme weather.
Direct physical consequences of rising global temperatures include changes in the frequency and severity of extreme weather events. Flooding is predicted to increase with average global temperatures and rising sea levels in combination with stronger storm surges which will amplify the risk in coastal areas over time. Heatwaves are likely to occur more frequently, and last longer, with impacts on property and agriculture, and life and health due to excess mortality and morbidity.
Dr Avinoam Baruch
COO and Co-Founder
Lead Climate Risk Solutions
National Technical Manager
Head of Physical Climate Change Risk Consulting, Risk & Analytics
Operations Engineering Manager
Head of Research
Director, Risk Management
Coca-Cola Europacific Partners
S4. A fast-track to data efficiency and security – banks can do it, so can insurance
This seminar will explain a new, neutral, solution connecting corporates to their brokers, insurers and the insurance ecosystem.
In banking, a neutral digital infrastructure has been the catalyst for industry-wide digital innovation. In insurance, this hasn’t happened – until now. A digital infrastructure to fast-track efficiency, innovation, and growth for commercial insurance is becoming a reality. This seminar will operate as a moderated discussion.
Chief Underwriting Officer
Commercial Risk Leader for North America
Managing Director, UK Commercial Lines Underwriting & GCS
Head of Group Insurance
S5. Cyber insurance – going nowhere or going somewhere?
This seminar will discuss some of the changes taking place in the market and the sustainability of this class of cover.
The global cyber insurance market is estimated to grow at a compound average of almost 25% annually to reach a total market size of almost £25 billion in 2026 – so this class of insurance cover seems to be going somewhere. The cyber insurance market is providing valuable service-oriented offerings but continues to frustrate many buyers through a lack of industry consistency in data underwriting needs, the amount of data required to support underwriting, which then delivers mixed results. Is the cover on offer worth the premium investment involved?
Partner – Cyber – Financial Lines
Head of Cyber, UK & Lloyd's
Chief Operating Officer
Tokio Marine Kiln
Head of the MMC Cyber Risk Analytics Centre
Director of Risk Management, Europe & APAC
S6. Transition risks – beyond COP 28
This seminar will discuss the move to implementation of net-zero policies – and how the insurance industry is geared up to respond.
As the world aims to reduce the production of greenhouse gases and to shift to a global economy with net-zero emissions, on the liability side this has implications for insurers in product design and liabilities. New policy and regulatory measures constraining actions that contribute to climate change may lead to liability issues associated with greenhouse gas emissions. Increasing litigation activities may come with large losses under environmental, product, D&O and other professional liabilities. Assets may become obsolete due to policy changes or carbon-pricing and turn into “stranded assets.”
Dr Bev Adams
Head of ESG and Climate Resilience
Head of Policy and External Affairs
Chartered Institute of Internal Auditors
Head of ESG Analytics & Reporting
Sustainability Measurement & Reporting Lead
Liberty Specialty Markets
Senior Vice President, Chubb Group Global Climate Officer and Executive Director of the Chubb Charitable Foundation
Head of Commercial Insurance
S7. Supply chains – reimagining tomorrow
This seminar will consider relevant trends and how organisations can build supply chain resilience with flexibility.
Many CEOs now identify supply chain disruption as one of the greatest threats to the growth of their organisation and the strength of country economies, yet only 2% of organisations have visibility of their supply chain beyond the second tier. Supply chain management can be complex and as the world becomes more turbulent the degree of complexity can increase. Managing supply chain risk is a team activity but as with all teams, leadership is required, and risk professionals are stepping up to take on this lead role.
Head of Marine, UK Company
Group Manager, Business Risk Consulting
Head of Market Development
Herbert Smith Freehills
Director - Industry Practice Lead
Director and Practice Leader - Investigative Accounting Group
Meaden & Moore International
S8. Connected and Complex risk – scanning the new horizon
This seminar will address the types of business transformation driven by internal needs and external forces and the differing pace of transformation.
Technological developments drive digital transformation. Climate change creates a need for green transformation. Shocks, such as Covid-19 or the war in Ukraine, result in the demand for crisis management transformation. Business transformations vary in terms of content, pace, and place of initiation — and it is rare for an organisation to undergo one transformation at a time. Doing business today means navigating a complex landscape of interconnected and interdependent issues, each having multiple stakeholders, agendas, and risks.
Vice President of International Sales
Global Leader – Actuarial, Analytics & Risk Financing
Head of International Insurance and Captives
EVP, Client Management, Strategic Distribution and Development
Arthur D. Little
Wednesday 21 June
S9. Cyber – when it all goes wrong – the a-z of a cyber event response and recovery
This seminar will engage a panel of Airmic members addressing cyber scenarios and options for response and recovery.
There is a lot of discussion around cyber risks and insurance but much less discussion about what good practices look like in the event of an attack. How do organisations build cyber resilience and as part of this a framework for a rapid response and recovery. Who are the response stakeholders, how are they activated, and how do they collaborate, to ensure a dynamic response and recovery?
Clyde & Co
Director, Risk Management, Real Estate
Head of Cyber Solutions
Head of Cyber Risk Management
S10. Greenwashing – the risks to insurers and corporates
This seminar will debate how brokers, insurers and risk professionals can collaborate to guide sustainability, as well as regulatory moves to define sustainability.
Corporations, both financial and otherwise, are increasingly under pressure to demonstrate sustainable practices and products. From green and sustainable financial instruments to different production methods, to sustainable underwriting and transition pathways, the demands are increasing. The major new risk to emerge from this trend, however, is the danger of ‘greenwashing’ – the presentation of goods and services as sustainable, when in fact they are not. Who decides what is sustainable? Are national or supranational sustainability taxonomies truly feasible – and what is the UK planning for the future? What are the legal, financial, and reputational threats if a company is accused, or worse, deemed guilty of greenwashing?
Herbert Smith Freehills
Group Deputy Director, Risk Management & Insurance
CUO & Head of Munich Re F&C London
Director, Insurance Consulting & Technology
Head of Group Risk Transfer
London Stock Exchange Group
S11. Parametric insurance – set to mature and grow
This seminar will consider how parametric solutions might evolve and which areas of cover growth is most likely and why.
The market for parametric insurance is set to grow as organisations look for solutions to emerging and non-traditional risks like climate change and non-damage business interruption. Parametric solutions, which pay out when a pre-agreed threshold on an index is reached, can help risk professional address today’s complex and fast-changing risk environment. These solutions should be a powerful tool to fill the gaps in traditional insurance and tackle those challenges that the current environment is imposing.
Founder and CEO
Technical Parametric Underwriter
Munich Re UK Life Branch
Director & Editor-in-Chief
Business Development Director - U.K. & Ireland
S12. There’s a revolution going on – what’s trending in captives
This seminar will focus on what is trending strategically in the captives space and which sectors are taking the lead.
At half time in 2023, we expect to see the increase in captive activity continue. As the cyber risk insurance market continues to be uncertain, and exposures are pushed back onto the policyholders, cyber captive activity looks set to continue. As extreme weather has seen claims increasing, captives are stepping up to fill the risk transfer gap. More revolutionary are catastrophe risk blended solutions starting to emerge. Organisations are looking beyond short-term insurance market volatility and including captives in their toolkit of longer term strategic risk financing solutions.
Group Insurance Director
Head of Distribution
Director of Underwriting
Strategic Risk Solutions
Director – Global Relationship Management
Global Programme & Captive Director, UK & Lloyd's
S13. ESG: Integrating climate risks into an ERM framework
This seminar will explore the inclusion of climate and sustainability into existing risk management structures- the outcome will feed into an Airmic Report.
This seminar will be limited in delegate numbers and operate as a moderated Masterclass with an agenda to include:
• Conceptual differences between general ERM and sustainability/ESG risks
• Ownership and accountability
• Prioritisation of risks
Head of Risk Management and Sustainability
Boult Consulting Limited
Global Head of Climate Risk Consulting
Partner, Head of Sustainability
Specialist Risk Engineer – Climate Change
Zurich Resilience Solutions
Senior Consultant, Risk Advisory & Analytics
S14. Technology: Insurtech powering the future of insurance
This seminar will consider the maturity of Insurtech solutions and the and opportunities these present.
Insurtech developments offer a host of solutions, but can insurance buyers and risk transfer structures benefit directly? Solutions built with the customer in mind, do exist, and have proven successful in specific use cases. However, the reality is that Insurtech experiences lag behind the standards set in other industries.
Chief Strategy Officer
The Insurance Network
Global Product Manager
CEO & Cofounder
S15. International insurance: Global programmes must lead the way on contract certainty and data analytics
This seminar will examine current trends, challenges, and opportunities to negotiate the best deal, appropriately allocate premium, and avoid fines and penalties.
What new issues are faced by programmes, what new covers are being integrated, have programmes gone digital, and are claims being managed effectively? In a world of new tax and regulatory and growing ESG requirements, what have we learned in the last three years and what is out there over the horizon?
Portfolio Manager – Major Risks – London Market Property
Portfolio Director - IPT
Head of Client Services & Multinational
Senior Client Development Manager