The risk landscape for companies is constantly shifting, with liability risks on the rise globally. Natural catastrophes, supply chain/business interruption risk from geopolitical tensions, data privacy litigation, AI and autonomous technologies and developing climate concerns will create new liability scenarios which could accelerate an increase in global litigation and arbitration.
Boards around the world are concerned about where the next big loss will come from and how to mitigate it. Questions relate to when to run away from risk and when to run toward it. Do you ignore it—and for how long?
This session will delve into how to manage emerging and evolving risks and identify strategic opportunities for growth in an uncertain environment.
- The emerging issues faced in the EU and UK compared to the US and the rest of the world
- Where the current claims and legal cases are occurring
- In the realm of emerging and evolving risks, uncertainty often presents an opportunity. Amid the uncertainties, are the obstacles or the opportunities more substantial? And when is the right moment to take a calculated risk?
- Actionable steps for insurers when faced with high-probability, high-impact risks
- The practical steps insurers can take to mitigate the impact of emerging risks on portfolios, operations and
financial performance
- Strategies to encourage cross-functional collaboration between exposure management experts and underwriting, actuarial, and claims to achieve a well-rounded approach to risk quantification, scenario planning,
and response plans
You will hear from:
- Raz Jahid, Global Head of Exposure management, Axis Capital
- Heidi Bloch, Partner, Kennedys Law
- Darren Pain, Director, Evolving Liability, The Geneva Association
- Chris Dee, P&C Underwriting Management, Casualty Practice Leader, SCOR
- Adam Grossman, Senior VP, Emerging Risk, Praedicat