Last chance to book your conference workshops: Read our final preview

To get the most out of your Airmic conference experience, it is strongly recommended that you plan your conference workshops in advance. Many have already reached capacity so if you haven’t booked your places yet, now is the time to do so.

As ever, 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 Wednesday sessions which cover topics including how to reduce your organisation’s people risk to tips for helping your board meet their risk challenges.

The following workshops will take place on the Tuesday afternoon. More details on each session can be found here.

Read about the other Monday and Tuesday sessions here. 

C1: Proactively managing environmental crises

With increased awareness of the impact of corporate activity on the environment and the rise of social media through which pollution incidents anywhere in the world can end up as front page news, it is ever more crucial that risk managers are well prepared in dealing with environmental crises. The costs to their companies could be crippling, both financially and in terms of reputational damage.

In this highly interactive workshop, ACE’s Environmental Risk Underwriter will run participants through three case studies, highlighting the challenges and best practice in successfully managing environmental crises, whatever the company size or industry.

Presented by Ace

C2: Claim trends & adapting to emerging risks

This workshop and exclusive report gathers together intelligence from across the Crawford global network and the wider insurance community to give an up-to-the-minute view on the steps being taken in the face of new and emerging risks.

Pandemic, man-made disasters, cyber, terrorism and political violence, environmental catastrophe: all of these have threatened corporations’ bottom line in the recent past. We bring you first-hand experience of the lengths people must go to prepare their organisations. 

Presented by Crawford & Company

C3: Financial loss vs business interruption

What is your experience of Business Interruption (BI) and Contingent Business Interruption (CBI) claims? Do BI and CBI policies deliver what customers expect or do they fall short? What problems typically arise? What can you learn from others’ experiences?

What can you do about it?

Come to our BI workshop and find out the answers to these and other important questions, and have the opportunity to question our experts and learn from real claim examples.

Find out how BI polices typically respond when a business is interrupted and a claim is made - and how you can improve your chances of having a positive claim experience if you find yourself in the same boat.

Presented by Candy Holland, Echelon Claims Consultants

C4: Resilience and wellbeing in the workplace – how to reduce your operational people risks

This workshop is designed to show how risk managers can add significant value to their HR colleagues.

Companies are more interested than ever in understanding how to engage and motivate employees, improve their wellbeing and hence deliver better corporate performance.  Using some of the latest modelling techniques and rich data sets, we will describe the approaches being used by leading employers including: employee health dashboards, stochastic modelling of self-funded risks and targeted health interventions. 

Presented by Lockton Companies LLP

C5: Global programmes in a complex world – servicing strategy, how to be proactive, avoid pitfalls and build robust global programmes

This workshop will concentrate on the knowledge and actions required to structure a global programme, including:

• Communication channels;
• Who does what and when;
• Local nuances and things you need to know before placement;
• Tariff premiums, cash before cover, local bureaucracy and paperwork;
• Programme structure – what’s right for you;
• Compliance vs where do you want a claim paid;
• Getting it right first time – avoiding rework;
• Hints and tips.

Presented by Willis

C6: Beyond kidnap: which other risks are covered by a Kidnap and Ransom policy and how would you respond?

Have you considered any of the following scenarios?

• Mysterious disappearance of an employee or family member;
• Illegal detention;
• Hostage taking;
• Threat extortion and cyber extortion;
• Threats to kill, injure or abduct employees or their family members or threats to damage your property.

The impact of these events can be just as traumatic and disruptive as the kidnapping of an employee and often occur in so called “safe” countries.

A number of Lloyd’s market practitioners, including underwriters from Travelers and Catlin, will discuss some of the challenges companies face during the above events, using scenario-based situations.

This workshop would prove beneficial for risk managers and insurance brokers supporting businesses with global exposures.

Presented by Lloyd’s

C7: Parametric solutions – a powerful complement to a traditional catastrophe insurance

Parametric products are designed to protect a client's earnings after business-interrupting events. These solutions pay out a pre-defined amount based on an underlying index, therefore avoiding lengthy legal disputes and cumbersome claim settlements.

Our interactive workshop will focus on: 

• How parametric covers work?
• What perils and risks can be covered?  
• What are the differences between a parametric cover, hybrid insurance and traditional insurance?

The workshop will use real situations as examples to help participants to get a better understating of parametric products and solutions.   

Presented by Christian Wertli and Jan Bachmann, Swiss Re Corporate Solutions

C8: Bored Boards – but who is in the hot seat on risk?

The recent changes to the FRC’s Corporate Governance Code raise the bar on the way organisations think about, manage and report on their principal risks and culture.

This should be a concern to boards, who should also already be worried by the increasing level of unpredictable and interconnected risks their organisations face.

This session looks at how risk professionals might raise their game to help their boards meet these challenges. We will look at the implications of the code and the rise of “resilience”, including what this means in terms of accountabilities and the role of the Head of Risk.

Presented by PwC