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: TBC

Presenter: Rolf Thore Roppestad, Chief Executive Officer, Gard

09.20-10.00

Panel Discussion:  TBC

Moderator:

Panelists: Rolf Thore Roppestad, Chief Executive Officer, Gard

Nick Shaw, Chief Executive Officer, International Group of P&I Clubs

Michael Walls, Marine, Cargo & Logistics Leader – Asia Managing Director, Marsh

Lars Lange, Secretary General, International Union of Marine Insurance

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:

Panellists:  Vladimir Ljubisavljevic, Divisional Director- Marine, Cargo & Logistics, Howden

Oliver Miloschewsky, Regional Director, Head of Shipping, Asia Commercial Risk Solutions, Aon

Alexandros Ampatzis, Head of Marine, Asia Pacific, Tokio Marine Kiln

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

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.

Presenter: Tom Shinya, Senior Expert – Marine Underwriting Dept, Tokio Marine & Nichido Fire Insurance Co., Ltd.

12.10-12-40

Role Play Part 1: The Casualty

TBC

Narrator:

Participants: Amanda Hastings, Head of Claims, APA, Claims and Incident Management, Maersk Legal

Aon TBC

Julien Rabeux, Head of Claims Singapore, West of England P&I Club

12.40-13.00

Role Play Part 2: Legal Advice

TBC

Legal Expert:

13.00-13.30

Role Play Part 3: Settling the Claim

TBC

Narrator:

Participants: Amanda Hastings, Head of Claims, APA, Claims and Incident Management, Maersk Legal

Aon TBC

Julien Rabeux, Head of Claims Singapore, West

13.30-14.20

Lunch in the Pre-Function Area

Stream 1: Room 325/326

Stream 2: Room 324

14.20-15.00

Panel Discussion: Data Centres – Are Data Centres a Risk too Far for Marine Insurers?

Panel Discussion: Pollution – Alternative Fuels

With huge data centres springing up across the world, we consider the emerging risks and ask how insurers will approach them. Is this a massive opportunity for insurers as higher net worth cargoes are transported globally, or does it present a risk too far?  Are such cargoes symptomatic of a world where ever-higher value cargoes are being transported on the high seas? Can the cargo market cope?

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?

Moderator:

Panellists: Jeremy Maynard, Senior Vice President Asia Claims Advocacy Leader, marine, Cargo & Logistics Claims Leader, Asia, Marsh

Moderator:

Panellists: Jeff Wilson, Divisional Director Marine & Offshore Advisory, Howden

Jacob Damgaard, Divisional Director- Head of Loss Prevention, Britannia P&I Club

Tony Paulson, Head of Asia & Corporate Director, West of England Insurance Services

London Club TBC

15.00-15-20

Case Study: Cargo Accumulation – The Real Cost of a Cargo Claim

Case Study: Spoofing, Jamming, Hacking and Cyber – The Real Implications of GPS Spoofing

In this case study, we take a hypothetical cargo claim following a sinking. We look at the way cargo claims costs have risen dramatically in the past few years and the ways in which the risks are accumulating. Vessels not only face more severe weather events, but attacks from pirates and the Houthis, as well as the increased risk from the cargo itself. 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: KPLER TBC

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:

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?

Presenter: Ravi Muthusamy, Group Counsel, X-Press Feeders

Participants: Frank Sioli, Managing Partner, Sioli Alexander Pino

Rick Rohn, President & Chief Executive Officer, InSpectre Solutions International

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

17.10-18.30

Closing Drinks Reception – Paulaner Brauhaus