Airmic’s new leadership advisory board met in London at the end of March to discuss the association’s future, ahead of the annual conference in June.
Airmic’s new leadership advisory board met in London at the end of March to discuss the association’s future, ahead of the annual conference in June.
Above all else, the advisory board wants Airmic to “drive forward the principles of risk”, particularly in the corporate board room and government, as the likes of cyber attacks gather momentum and increase in severity.
Taking these ideas on board, the 2016 Airmic Conference in Harrogate, North Yorkshire, will feature a comprehensive programme of workshops and seminars on the most topical subjects dominating discussion in insurance today.
Captive professionals in attendance will have to decide between two workshops on 6 June, with both taking place at 4pm. JLT Specialty will host a presentation on the evolving terrorism threat, in a bid to help attendees understand the risks and how they can affect their businesses. JLT Specialty will also discuss how to most effectively understand the effects of a range of scenarios, and outline best-practice approaches to risk management and insurance of terrorism risk.
At the same time, Mactavish experts will discuss the steps required to adapt to the new duty of fair presentation in the UK, which was reformed by the Insurance Act last year. They will consider the first renewal under the new regime, the process requirements of the new duty, and its impact on captives and reinsurance.
Ernst & Young will turn to the effects of the base erosion and profit shifting initiative and changes to the diverted profit tax in the UK on 7 June at 12pm. These changes have forced a harsh spotlight on captives, especially those where tax planning has been a prominent part of their agenda. Tax, transaction and operational specialists from Ernst & Young will consider the ramifications of these changes, and whether there are any possible remedies.
Finally, captive professionals might be interested in Assicurazioni Generali’s presentation on 7 June at 3pm, which will examine the risks inherent in drones. Its experts will examine a range of subjects around coverage, claims and regulatory developments, giving suggestions as to potential problems and highlighting the questions that a risk manager needs to ask of a business.
Airmic is expecting a packed conference centre in Harrogate in June. “The programme committee have tried to put together an exceptional event, and I think they have succeeded. However, the number and quality of delegates are a vital part of the mix—and it looks as though this year is going to be better than ever,” commented chief executive John Hurrell in March. CIT
