08.15-08.55 | Registration and Coffee in the Pre-Function Area |
| PLENARY SESSION |
08.55-09.00 | Welcome Address: Grant Attwell, Managing Director, Cannon Events |
09.00-09.20 | Keynote Address: Fairness and Resilience in an Age of Extremes |
In a world marked by rising geopolitical tensions, persistent shadow fleet challenges and evolving cargo risks, how can the marine insurance industry remain resilient? And how should the International Group of P&I Clubs (IG) respond to ever-larger claims with potentially systemic implications? This keynote will explore the vital importance of fair and robust risk-sharing mechanisms in global trade, highlighting the critical role of the IG in ensuring stability and fairness in an age of extremes. |
Presenter: Rolf Thore Roppestad, Chair, International Group of P&I Clubs and Chief Executive Officer, Gard AS |
09.20-10.00 | Panel Discussion: Volatility and Change – How Do We Move Forward? |
This panel discussion will follow on from Rolf Thore’s keynote and drill deeper into some of the themes covered such as the vital importance of fair and robust risk-sharing mechanisms in global trade, the critical role of the IG in ensuring stability and fairness in an age of extremes. |
Moderator: Michael Walls, Marine, Cargo and Logistics Leader – Asia Managing Director, Marsh Panelists: Rolf Thore Roppestad, Chair, International Group of P&I Clubs and Chief Executive Officer, Gard AS Nick Shaw, Chief Executive Officer, International Group of P&I Clubs Lars Lange, Secretary General, International Union of Marine Insurance Dorothea Ioannou, Chief Executive Officer, The American Club |
10.00-10.40 | Panel Discussion: State of Market – Time for a Bargain? |
The insurance market appears to have turned a corner in the past year and is now entering a softer cycle. While this is good news for insureds and possibly their brokers, this panel will discuss the implications for the wider market of less profitable business. We will discuss the various classes and look at regional variations across Asia, as well as consider how terms and conditions are turning in favour of the insured and what that extra risk does to the insurers’ profits. |
Moderator: Craig Dennis, Head of Marine Business Development, Miller Insurance Panellists: Vladimir Ljubisavljevic, Divisional Director – Marine, Cargo and Logistics, Howden Oliver Miloschewsky, Regional Director, Head of Shipping, Asia Commercial Risk Solutions, Aon Alexandros Ampatzis, Head of Marine, Asia Pacific, Tokio Marine Kiln Rama Chandran, Managing Director, Head of Marine – Asia, Rokstone |
10.40-11.10 | Coffee and Networking in the Pre-Function Area sponsored by Sun Marine & Trading |
11.10-11.50 | Panel Discussion: War Risks: Firing in Anger – The Risk of War |
Despite all the geopolitics challenges of the past few years, the Asian insurance market has not seen any real tests of the boundaries in terms of war cover. Policies will include exclusion clauses for war and will include five-power clauses, but what does that mean? In this panel session, we will analyse the meaning of the words so often used, but rarely fully understood. |
Moderator: Amanda Bjork, Head of Claims, Cambiaso Risso Asia Panellists: Alex Gray, Director, Head of Marine, Price Forbes Broking (Asia) Kirill Patyrykin, Managing Director, Sun Marine & Trading Management Divas Panjwani, Marine Lead Syndicate Underwriter, Sukoon Syndicate 2880 |
11.50-12.10 | Presentation: AI and People – Ensuring Talent Matches Demand |
Increasingly, insurers are turning to artificial intelligence as the solution across different business challenges. However, there is an existential problem emerging as leaders begin to question how AI can work in practice and not leave the business at risk. The question is whether the industry is not just investing in AI, but also in people who will need to take on senior roles in the future and are also managing AI today. |
Presenters: Siddharth Mahajan, Team Leader Loss Prevention, Asia, Gard Amit Kamo, Senior Loss Prevention Executive, Gard |
12.10-13-30 | Role Play: SAI WENG is carrying a part-cargo of coated steel pipes (ex-India) and has recently loaded a further parcel of plywood in Penang; she is now transiting the Singapore Straits on route to China for discharge of both cargoes. |
The MV SAI WENG is a 2015 built, Singapore-registered supramax, which is on long-term time charter (since 2021, NYPE 46 terms) and predominantly engaged in parceling trade. While transiting the Singapore Straits, SAI WENG is involved in a collision with the MT LATITUDE, who is crossing the shipping lane, t-boning the SAI WENG on her starboard side. The collision has compromised the SAI WENG’s hull, and resulted in damage to her bunker tanks, with circa 150 MT of LSFO spilling into the surrounding sea. Several members of the crew have also suffered injuries, of varying degrees of seriousness. The LATITUDE has suffered significant damage to her bow, and an AB sustained life-threatening injuries requiring a medivac to Singapore. The Master of the SAI WENG engages salvors on LOF terms and is considering declaring GA. Singapore authorities have agreed to provide a Port of Refuge to the SAI WENG. Simultaneously, owners of the SAI WENG, their IG P&I Club and H&M, who quickly realize that the LATITUDE is not as she appears, and the vessel sharing her IMO was scrapped in 2022. |
Narrator: Jeremy Maynard, Asia Claims Advocacy Leader, Marsh Participants: Amanda Hastings, Head of Claims, APA, Claims and Incident Management, Maersk Julien Rabeux, Head of Claims Singapore, West of England P&I Club Neale Rodrigues, Master Mariner, Group Director – Insurance Services, TMC Marine Maurice Schreurs, Commercial Manager, SMIT Salvage Andrew Lee, Partner – Head of Singapore Office, Hill Dickinson |
13.30-14.20 | Lunch in the Pre-Function Area |
| Stream 1: Room 325/326: Cargo | Stream 2: Room 324-H&M, P&I |
14.20-14.40 | Fireside Chat: Practical Risks and Disputes | Panel Discussion: Pollution – Alternative Fuels |
This session will analyse how contractual risk allocation and Insurance play out in a real casualty and claims situation. Areas like charter party risk transfer, cargo misdeclaration and clause gaps will be discussed. | The risk of a pollution spill involving oil is lower now than it was, however new risks are emerging alongside the use of alternative fuels. The question for this session is how would the industry handle a disaster involving a ‘new’ fuel? Would the risks outweigh the opportunities in the current climate? |
Participants: Riya Kaur, General Counsel, TATA NYK Shipping Toby Nabarro, Senior Associate, Fenchurch Law |
14.40-15.00 | Presentation: TBC |
| Moderator: Caglar Coskunsu, Partner, Cavus & Coskunsu Panellists: Jacob Damgaard, Divisional Director – Head of Loss Prevention, Britannia P&I Club Tony Paulson, Head of Asia and Corporate Director, West of England P&I Club Ansuman Ghosh, Director of Engineering, The UK P&I Club The London P&I Club, TBC |
Presenter: TBC |
15.00-15-20 | Case Study : Cargo Claim Severity Drivers – What are the Reasons Behind the Costliest Cargo Claims? | Case Study: Spoofing, Jamming, Hacking and Cyber – The Real Implications of GPS Spoofing |
In this session, we examine trends and look at the reasons behind some of the costliest cargo claims in recent years. Increased cargo values, sensitive cargo types, larger ships, mis-declaration of cargoes, severe weather events and ever shifting geopolitical risks are just some of the risks facing ships and cargo owners. How can the industry use technology to improve loss mitigation, or are there other solutions available?” | At first glance, the idea of GPS spoofing may not seem that serious if it can be detected early and dealt with. However, in this case study we look in more depth at a recent case involving a ship reported to be docked at an Israeli port when, in fact, it was nowhere near. Again, the question might be why did that matter? In this case study, we examine the implications. |
Presenter: Craig Johnston, Vice President, Global Claims Lead Cargo, Gard | Presenter: Jean-Charles Gordon, Vice President, Maritime and Logistics, Kpler Capt. Nitin Chopra, Marine Risk Consulting Asia Pacific, Allianz |
15.20-15.50 | Coffee and Networking in the Pre-Function Area sponsored by Sun Marine & Trading |
15.50-16.10 | Case Study: Container Losses – Nurdles, Nurdles Everywhere | Presentation: Fires Involving Batteries |
Losing a container overboard is proving an extremely costly business for the P&I Clubs and insurers as the risk of pollution grows ever-more significant. Authorities are now demanding major clean-up operations for every container to be treated in the same way, whether it is full of soft toys or hazardous chemicals. This case study will look at a broken container spilling a variety of goods and nurdles into the ocean or onto a beach. | Fires involving batteries have continued to plague the industry this year, with a number of major fires breaking out as a result of what is assumed to be a faulty battery. In this case study, we look at a recent event and ask how technology may have helped in either identifying the risk or reducing the fire spread once started. We also consider the hardening stance among the P&I Clubs towards settling these claims. |
Presenter: Roshan Kumar, Head – Marine Claims Department, India International Insurance, Singapore | Presenter: John Gow, Principal Associate, Hawkins |
16.10-16.30 | Presentation: Cargo Claims and Loss Prevention – Who is Really to Blame? | Fireside Chat: Maritime Cyber Security and Investigations within International Shipping |
When a container catches fire, the question of who to blame is often left unanswered, particularly if it leads to a total loss of the vessel in deep water. Now the P&I Clubs have begun to consider a new approach to linking cargo with individuals. No longer would the cargo declaration be signed off by a vague and amorphous company, but someone within that company would have to take personal responsibility. The question is, will it work and will it make a difference? | This presentation gives a high-level overview of maritime security and investigations in Asia and the Middle East, focusing on major threats, regional challenges, and the importance of cooperation to protect vital sea routes. |
Presenter: Ravi Muthusamy, Group General Counsel, X-Press Feeders | Participants: Frank Sioli, Managing Partner, Sioli Alexander Pino Rick Rohn, President and Chief Executive Officer, ISI Claims |
16.30-17.00 | Fireside Chat: Training – Investing in People |
Since the pandemic and the real advent of artificial intelligence, there has been a noticeable drop-off in training opportunities across the legal world. This matters hugely to the marine insurance sector, reliant as it is on professional lawyers to settle the many disputes occurring annually. The question for this session is what has been happening and whether there is an opportunity to avert a looming crisis? |
Participants: Fiona Pounds, Associate Director and Deputy General Manager, The London P&I Club Dmitry Vavilov, Managing Director, Maritime Risk Management |
17.10-19.00 | Closing Drinks Reception – Paulaner Brauhaus, Sponsored by Maritime Risk Management |
