Name
Keynote: Living with change and responding to crisis
Date & Time
Thursday, November 28, 2024, 9:05 AM - 10:00 AM
Franck Baron James Addington-Smith
Description

This keynote address reviews some of the lessons learned from the last couple of years, including supply chain vulnerability, flexible working, acceleration of digitalisation, higher taxation, growing inflation, geopolitical instability, and greater protectionism. In light of these challenges, risk mitigation is becoming more complex and more vital. Our keynote speakers will look at:

  • What multinational companies need to do to ensure they are fully prepared and able to deal with these risks in such a volatile landscape
  • How can companies keep on top of the changing risk landscape and how can latest technology help in this regard?
  • What could and should the risk global risk management community be doing at a governmental level (national and international level) to design and implement more resilient and long-lasting solutions for systemic risks that the standard insurance market struggles with – pandemics, cyber, nat cat…? What role can IFRIMA play in this regard?
  • How could and should a global programme be used to help manage and co-ordinate the insurance programme for multinational risks. What are the key benefits and challenges? How can the insurance market – brokers and carriers – help to make such programmes more efficient, effective and compliant and ensure claims are paid when and where needed?
  • Why have we seen such a rise in interest in captives in recent times to help rise to this volatile risk and insurance environment? Does this represent a market failing?
  • How could and should the captive be used to help identify, measure and manage risks before even thinking about risk transfer?
  • What is the outlook for captives and global programmes in Asia? Why was the Singapore association formed and what are its goals? What needs to be done to convince governments and regulators in the region of the value of captives and introduce more proportional regulatory and fiscal rules, for example India, China etc