08.15-08.55

Registration and Coffee in the Pre-Function Area

08.55-09.00

Welcome Address: Grant Attwell, Director, Cannon Events

09.00-09.20

Keynote Address: What Will Insurers Do About Gaps in Coverage?

War in the Middle East has shown up gaps in coverage for cargo interests like never before. Insureds happily bought back war cover to ensure protection throughout the voyage, only to discover a glaring gap in cover. In this keynote we will hear how the insurance industry needs to react and provide full end-to-end solutions to support fully clients.

Presenter: Robert Crichton, DP World

09.20-10.00

Panel Discussion: Cargo in the Crosshairs – War, Diversion and Coverage

Conflict in the Black Sea, Red Sea and the Strait of Hormuz is creating complex cargo exposures that go far beyond the formally listed war zones. Shipments are being diverted, delayed or trapped and vessels can breach insurance conditions as routes change. This session will examine how cargo, war, political violence, hull and P&I policies interact when losses occur.

Moderator:

Panellists:

10.00-10.20

Presentation: Sanctions – Between a Rock and a Hard Place

Sanctions risks are well understood by the market and the penalties for getting it wrong are onerous. However they are fundamentally an American and European concept and now the market is facing challenges from countries such as China with its new counter-sanctions regulation which risks putting shippers in conflict with rules from elsewhere.

Presenter:

10.20-10.50

Coffee and Networking Break

10.50-11.30

Panel Disccussion: The AI Supply Chain – Insuring Extreme-Value Technology

The growth of AI is creating an enormous physical supply chain involving semiconductors, servers, cooling systems and other specialist equipment. Individual shipments can carry extraordinary values, while multiple consignments may accumulate on one vessel or in one warehouse. This session will question whether the market has the right specialists on board to handle these claims.

Moderator:

Panellists:

11.30-11.50

Presentation: Inflation, but Not as we Know It

After a theft of a high value cargo, insureds and insurers are left battling to find replacement goods, often with long lead times, risking an escalation in business interruption costs. However queue jumping in the manufacturing process is equally costly. Finally, the insurer will often discover replacement costs are much higher than the original, all creating a tsunami of inflation.

Presenter:

11.50-12.40

Panel Discussion: Accumulation Blind Spots – The Billion Pound Location

Ports, warehouses, vessels and manufacturing centres can hold billions of pounds of cargo at any given moment. Concentrated semiconductor production in Taiwan and the growth of data-centre equipment make the potential exposure particularly acute. This session will ask whether insurers truly know where their cargo is and how much value is accumulating across different policies and business units.

Moderator:

Panellists:

12.40-13.00

Presentation: Solar on the Roof, Fire in the Warehouse

Rooftop solar installations support the energy transition but are also creating new warehouse fire exposures. Recent losses in Europe and the US have sparked a spate of cargo claims, particularly for high-value stock. For stock-throughput insurers, the central questions are whether underwriting and site surveys capture the exposure and how capacity, deductibles, warranties, claims investigation and subrogation should respond.

Presenter:

13.00-14.00

Lunch and Networking

14.00-14.40

Panel Discussion: Soft Market, Hard Choices – Is Pricing Still Adequate?

Cargo pricing is falling while claims values, replacement costs and accumulations continue to grow. Automated follow capacity, facilities and MGAs are also changing how premium and underwriting influence are distributed. This session will take an evidence-led look at the latest renewal season and the medium-term market outlook, before considering innovations that the market could make in terms of product offerings.

Moderator:

Panellists:

14.40-15.20

Panel Discussion: Farm to Fork, or Cover to Cover?

Stock-throughput insurance is often sold as farm to fork, or cradle to grave, cover however material gaps can remain between cargo and property policies. This session will map a product’s journey from production to final delivery, identifying where protection begins and ends. It will consider the gaps in the cover and whether cargo insurers are losing business to their property colleagues.

Moderator:

Panellists: Maxim De Prins, Senior Vice President Marine Cargo, Lockton

Chris Hicks, Head of Marine London, Liberty Specialty Markets

15.20-15.40

Coffee and Networking Break

15.40-16.20

Case Study: Project Cargo

Project cargo risks are among the most challenging or cargo insurers and their clients to navigate. In this session, we consider some of those risks through the lens of a complex and interesting recent incident.

Moderator:

Panellists:

16.20-16.40

Presentation: Freight Broker Liabilities Rise in the US

A court ruling in the US has upended the freight broker liability market, ending the assumption of pre-emption and risking the sector becoming uninsurable. In this session , we will examine the case and outline the consequences for the sector, including whether insurers will maintain their appetite for this business.

Presenter: James Munn, Portfolio Manager Ports and Terminals, QBE

16.40-17.00

Presentation: Crime Without Borders – The New Cargo Theft Economy

A cyber incident can create a physical cargo loss when goods are redirected, refrigerated stock spoils or fraudulent electronic documents release shipments to criminals. However, clients can find themselves caught between cargo exclusions and cyber policies that were not designed for goods in transit. This case study will test how current policies respond to practical loss scenarios and consider how a new JCC clause might help.

Moderator:

Panellists:

17.00-17.05

Closing Remarks: Grant Attwell, Director, Cannon Events

19.00-00.00

Marine & Cargo Insurance London 10^th Anniversary Gala Dinner