Once again there is a full and varied workshop agenda during the conference. In the run up to the event, Airmic News has been previewing the sessions on offer. This month, we take a look at the Tuesday sessions which range from understanding your supply chain exposures to enhancing D&O cover.
To get the most out of the conference, it is strongly recommended that you book your workshop places as soon as possible.
The following workshops will take place on Tuesday 16 June. More details on each session can be found here.
B1: Navigating Cyber Risk Exposure
Cyber attacks against UK companies present a daily threat to normal UK business operations and are increasing in severity.
Marsh has worked with the Cabinet Office to lead a new report with representations from the UK Government and insurance industry. “UK Cyber Security: The Role of Insurance in Managing and Mitigating the Risk” focuses on how insurance can help make UK companies more resilient to cyber threat.
Marsh’s interactive workshop will address some of the central challenges from the report and provide you with the opportunity to share your views and learn from Marsh’s expert panel.
Presented by Marsh
B2: How data can support risk management decisions
In today's world of austerity, insurance is often seen as a commodity purchase that delivers little value for money. Yet at the same time, risk managers are constantly under pressure to deliver value for money.
Insurance companies have a wealth of data that can be unlocked to help focus on loss prevention and keeping businesses moving. Using information collected over a number of years and a relational database of risk engineering data, it is possible to analyse trends, review causes of loss and build a case for investment in risk management that delivers shareholder value and sees risk management as part of an overall business strategy.
The RSA workshop will be presented by Jonathan Salter, global consulting director, and Martin Turner, risk managed operations manager, global consulting.
Presented by RSA
B3: D&O: where personal liability and risk management intersect
This interactive session will enable risk managers to enhance their D&O policy performance and their organisation’s risk management by focusing on personal liability faced by directors, officers and employees.
Our experts will provide practical tips from real-life D&O matters, including:
Presented by Aon
B4: Mergers & Acquisitions – Reducing the risk in transactions
Transaction liability insurance products have increasingly evolved to become a mainstream part of M&A transactions. However, product awareness and understanding remains relatively undeveloped within many corporate M&A teams.
Insurance products have improved significantly over recent years and market capacity continues to increase. Risk managers should be engaging with internal stakeholders to ensure that they are fully briefed on all M&A insurance risk transfer options.
This interactive workshop will help attendees develop the knowledge and strategies necessary to support their businesses in this critical area and ensure that the right questions are posed within their business at the right time.
Presented by Arthur J. Gallagher
B5: Good Reputation – hard won, easily lost … what about managing this risk?
This workshop is designed to raise awareness and understanding of:
We will use two case studies to look at the issues above and consider the extent to which organisations formally learn the lessons about avoiding damage to their reputation following a damaging episode.
Presented by AIG
B6: Insuring the uninsurable? The answer’s in your Captive
With capacity readily available at competitive prices and Solvency II approaching, the traditionally accepted rationale for using a captive may no longer suffice. It’s time for captives to step up and play a role in delivering the organisation’s strategic goals. The recent FERMA 2014 Risk Management Benchmarking Survey found that risk managers are not satisfied with the level of mitigation for six of the top 10 risks “that keep their CEO awake at night”. Perhaps captives can be used to cover some of these emerging risks, or those that have traditionally been uninsurable? Can insurers support this by providing innovative reinsurance over multiple lines of business and balance sheet periods?
Let’s free up our captives from the constraints of traditional thinking! XL Group and guest speakers will share real life experiences and invite you to consider the possibilities.
Presented by XL Group
B7: Do you understand your supply chain exposures and are you covered?
The annual BCI Supply Chain Resilience Survey reporthas been a respected industry resource for a number of years.
Did you know that:
This workshop will identify methodologies and tools to help manage and mitigate supply chain risks and vulnerabilities. We will also assess, based on a case study, a number of supply chain and business interruption losses and explore whether these would be covered under an insurance programme.
Presented by Zurich
B8: Product liability and recall – a time for change
Product quality is essential to business survival, yet recalls of faulty or potentially dangerous products are rarely out of the media. A number of factors can influence this, including the continuing intense economic and competitor pressure businesses face today. To remain competitive, many have resorted to sourcing cheaper products or raw materials, often from overseas markets.
This interactive seminar, created with all delegates in mind, will focus on five main areas:
Presented by Cunningham Lindsey