Wed May 18 BST - Thu May 19 BST (6 days ago)
In your timezone (EDT): Tue May 17 7:00pm - Wed May 18 7:00pm
Leonardo Royal London City
8-14 Cooper's Row, London EC3N 2BQ, UK
The expected boom in global construction projects will require new approaches to managing risks for risk and insurance managers but also presents a growth opportunity for the insurance industry and will hopefully attract new capital and new products to the market.
Population growth and urbanisation, as well as climate change, are expected to be the main drivers in the demand for infrastructure construction and home building in coming years. Climate change and the race to net zero targets are arguably the greatest challenges that face the construction industry, and will lead to big changes in construction processes and methods, while the industry is already undergoing a technological transformation, with digitalisation and growth in modern manufacturing methods. As the sector grows, so too does the risk of greater pollution and waste.
The industry is set to be a global engine for economic growth and recovery from Covid-19 with average annual global infrastructure construction forecast to grow by 5.1% per year. Some of the highest growth rates will be in North America and Asia-Pacific, while Western Europe is forecast to grow by 23%.
The long-term growth in the construction market will bring new challenges to risk and insurance managers and an increased need to transfer risk into insurance programmes. It could also lead to an increase in complex insurance claims.
Agenda to Include Session on:
• A global view: how governments are backing major infrastructure projects
• Stimulus Packages: Impact on the insurance market
• Engineering: the insurance market
• Managing supply chain risk in construction
• ESG: how does the construction industry adapt to changing times?
• The battle for human capital
• Why are construction claims so complex? The insurer’s view
• Weathering the storm: Crossrail
• Construction technology
• Single Project Professional Indemnity (SPPI)
• Renewables: the future?
• Time to wake up to the cyber threat
• An alternative approach: captives and other solutions
• Choose Wisely: How the selection of your Joint Venture partner and delivery model could impact professional liability coverage
• Claims – PI: For this workshop we consider recent Professional Indemnity claims and take a deep dive into these cases, looking at the event, the wordings and the end results.
• Claims – CAR: In this session we will look at Construction All Risks claims cases, drilling down into the specifics of some of the most controversial construction wording clauses.
• Legal risks: This session considers the ways in which risk managers can support their organisations in avoiding the pitfalls of overpromising or providing misleading information about the benefits ‘green’ products or services will provide. We also look at changing legislation in key markets and provide some examples of major litigation regarding the environment and climate change.
• Cyber Coverage: An analysis of cyber risk in the construction industry: a review of cover offered/excluded.
• Mitigating construction risk with parametric triggers: Parametric insurance is an emerging method of providing coverage for costs typically associated with delays • arising out of severe weather conditions or natural catastrophes. This session explores the rising trend of parametric solutions and the types of risks that can be transferred.
Director General, European Construction Industry Federation
Manager, Major Projects Advisory, KPMG
Global Industry Specialty Leader, Construction & Infrastructure, Aon
P&C | Specialty Insurance | Global Head Construction, SCOR
Head of Construction UK, Zurich
Head E&C Global, Swiss Re
Portfolio Manager, Construction, QBE
Executive Director, International Construction, Aon
Risk Manager, Bechtel
CEO, London Engineering Group (LEG)
CEO, Supplien Consulting
Principal Risk Engineer/Practice Leader Construction, Zurich
Head of Climate, Aon
Daniel McCarthy Stott
Senior Associate, Portfolio Management and Development, Meridiam
Chief Commercial Officer - EMEA, Aon Assessment Solutions, Aon
Risk Insurance and Compliance Manager, Eiffage Benelux
Chief Underwriting Officer, MAXIS GBN
Managing Partner, Fenchurch Law
Senior Associate, Fenchurch Law
Senior Claims Adjuster, Construction & Engineering, QBE
Financial & Professional Services (Cyber), Aon
Cyber & Commercial E&O, Aon
Head Claims EMEA, Swiss Re
Head of Construction, Sedgwick UK
Shahrokh Shahpoori Monfared
Senior Underwriter Engineering, SCOR
Sophie St John
Pricing Actuary, AXA XL
Head E&C London, Swiss Re
Head Infrastructure Solutions, Swiss Re
Head of Financial Lines, Sedgwick
Chief Commercial Officer Global Construction and Infrastructure Group, Aon
S. Michael Williams
Insurance Strategy & Business Development, OpenSpace
Managing Director, Aon
SVP & Executive Director, Aon
Underwriting Manager – PI & Cyber, AIG
Head Renewable Energy, Swiss Re
Head of Power – Global Broking Centre, Commercial Risk Solutions, Aon
Global Construction Practice Leader, Liberty Specialty Markets
President, Baldwin Global Risk Services
Deputy Chair – IRM Energy Special Interest Group, Board ESG and Risk Advisor, IRM
Cyber (Infrastructure and Built Environment specialist), M&A and Transaction Solutions, Aon
EVP and Chief Content Officer, IRMI
Cyber & TMT Underwriting Manager, QBE
Adri van der Waart
Director Global Insurance, Arcadis
Alternative Risk Solutions, SCOR
Director of Client Solutions - EMEA, Captive & Insurance Management, Aon
• Swiss Re Corporate Solutions