21 March 2024, etc. Venues’ Fenchurch Street, London
Registration and Coffee in the Pre-Function Area
Welcome Address: Grant Attwell, Director, Cannon Events
Keynote Address: You are Never to Old to Learn: A Life Time in Freight Forwarding
Our Keynote Robert has worked in Freight forwarding his whole career, in this session we will learn about what has changed since he started in the industry, why freight forwarders are so important to trade and how the sector benefits maritime trade. Robert will also discuss what currently keeps his members awake at night.
Presenter: Robert Windsor, Executive Director, British International Freight Association
Panel Discussion: State of the Market – End-to-End
Having just completed the 1/1 reinsurance renewals, we take the opportunity to review the state of the insurance market, end to end. We pick out the hotspots such as excess of loss cover and sum up the market mood for the year ahead.
Moderator: Samuel Casey, Senior Reporter, Insurance Insider
Panellists: Richard Golder, Head of Marine Cargo, Tokio Marine HCC
Richard Hill, Senior Broker, CR International
Christopher Hicks, Marine Cargo Underwriting Manager, Liberty Specialty Markets
Panel Discussion: Coverage Creep – The Slippery Slope
The cargo market has enjoyed greater clarity on wordings and clauses in recent years, however market pundits have been highlighting some coverage creep coming back into the market. We question whether this is the start of a slippery slope and why it is happening.
Moderator: Andrew Corton, Project Cargo Underwriter, Starr Insurance Companies
Panellists: Donna Young, Head of Cargo, Canopius
Aimee Nolan, Line Underwriter – Cargo, Hiscox
Philip Clark, Executive Director, Price Forbes
Melanie Buitendag, Senior Cargo Producer/Developer, Meridian Risk Solutions
Coffee and Networking in the Pre-Function Area
Case Studies: Salvage in Turkish Straits – Remedies for Cargo Interests
The Turkish Straits are one of the busiest waterways in the world: unpredictable changes in currents, sharp turns and sometimes weather conditions make it more challenging to navigate. In recent years, we have seen many salvage claims arising from engine breakdowns of vessels causing significant salvage claims by a state-owned salvage company having monopoly rights in Turkish Straits. In this presentation, those salvage Claims will be examined in respect of the cargo interests: what to expect, level of salvage claims, collection of evidence.
Presenter: Caglar Coskunsu, Partner, Cavus & Conskunsu
Fireside Chat: Adding up the Aggregation
Aggregation remains really worrying for the cargo insurance market, as cargo insurers struggle to keep up to date with where a cargo is at any given time. The risks associated with not having full visibility on cargo movements is leading to concerns from senior management about levels of exposure for the insurers, as we uncover in this session.
Presenter: Andy Yeoman, Chief Executive Officer, Concirrus
Helen Steadman, Head of Cargo, AXIS
Panel Discussion: Bytes to Benefits – Navigating the Impact of Data in Cargo Insurance
In a world of cutting-edge technologies and limitless data, how is the cargo insurance industry poised to innovate and transform the overwhelming volume of collected data into practical advantages for everyone involved? Join our panel discussion with industry experts to explore how technology is reshaping processes and positively impacting all stakeholders, from logistics and brokers to insurers.
Moderator: David Osler, Insurance Editor, Lloyd’s List Intelligence
Panellists: Ed Colclough, Class Underwriter, Parsyl
Arne Klockmann, Director, Hapag-Lloyd AG
Max De Prins, Senior Vice President, Lockton Edge
Ulrich Kuetter, Head of Global Insurance Solutions (GIS), Schenker Global Management Services
Lunch in the Pre-Function Area
Presentation: Navigating the Waters – Challenges and Opportunities in the Latin American Marine Reinsurance Market
Presenter: Juan Carlos Martinez
Panel Discussion: Two Sides to Every Story – The Cargo and Hull Perspectives
Hull underwriters may not have obvious connections to cargo risks, however if a ship fails or if a cargo causes the vessel to capsize, then both the hull and cargo insurers will be involved in the claim. In this session we hear from both markets on how improved communication could help prevent accidents. We will also learn about the efforts to get the LOF clause written into H&M policies.
Moderator: Arabella Ramage, Legal Director, Lloyd’s Market Association
Panellists: Jenna Hales, Marine, Energy and Specialty Claims Manager, Hiscox London Market
Alistair Marriot, Head of Marine – UK & Ireland, Everest Insurance
Victoria Soman, Senior Claims Adjuster, Canopius
Paul Warren, Senior Marine Claims Expert, Allianz
Presentation: Regulatory Updates Related to Vehicle Carriage and Vehicle Carrier Fires
Vehicle carrier fires have been a longstanding issue in shipping industry. The pressure for review of regulations have reached IMO through submissions by Member States. IMO has initiated the process of regulatory amendments and work streams have been established to study the same. The participants will be provided with updates from a regulatory viewpoint and what the future has got.
Presenter: Lional Sharon, Marine Adviser – Cargo, International Chamber of Shipping
Presentation: What Next? Cargo Fire Solutions Analysed
From drenching burning cargo in water to heaving burning vehicles over the side, the hull market is working hard on possible solutions for cargo fires. In this session we ask whether there are any viable solutions out there and whether cargo insurers are having enough of a say when it comes to redesigning vessels to reduce the risk.
Presenter: Neil Roberts, Head of Marine and Aviation, Lloyd’s Market Association
Coffee and Networking in the Pre-Function Area
Presentation: Complexities Surrounding Misdeclared Cargo
In today’s session, we aim to address the persistent challenge of misdeclared cargo and its ramifications for insurers and their clients within the maritime industry. Despite the diligent efforts of clients to tackle this issue, insurers still face a multitude of claims arising from misdeclaration. By analysing real-world scenarios and drawing insights from industry experiences, we can identify key areas for improvement and develop proactive measures to address misdeclaration challenges. Our objective is to foster a deeper understanding of the complexities surrounding misdeclared cargo and facilitate collaborative efforts to enhance risk mitigation strategies within the maritime sector.
Presenter: Capt. Jorge Pecci, Director, Marine Risk Engineering, National Cargo Bureau
Presentation: Up, Up and Away – Inflation Continues
We have all suffered with rapidly rising prices and the cargo market has been no different, but has the rapidly rising inflation been matched by disciplined underwriting? At the same time, we ask whether ESG considerations are fuelling price rises still further. Is there a very real danger of under-insurance among clients?
Presenter: Caroline Monnickendam, Senior Cargo Underwriter, Munich Re Syndicate
Fireside Chat: Cyber – It’s All in the Word(ing)
Cyber threats are indisputably on the rise worldwide and sadly, the cargo market is often targeted by criminals. For some years, cyber risk has been excluded as a matter of course by insurers, however there are now signs of a thaw in the hardline approach. The market now has access to new excess of loss wordings, which aim to clarify coverage for this area of the market. We consider how these clauses work in practice and whether they have been welcomed by underwriters.
Participants: Howard Potter, Head of Marine and Cargo, Aviva
Phil Ponsford, Managing Director, Astaara Risk Management
Siân French, Managing Director, Marsh
Closing Remarks: Grant Attwell, Director, Cannon Events
Drinks Party at Balls Brothers Minster Court
Cannon Events Ltd reserves the right to amend the program and is not responsible for cancellations due to unforeseen circumstances. Cannon Events Ltd accepts no responsibility for statements made orally or in written material distributed by any of its speakers at its conferences. In addition, Cannon Events Ltd is not responsible for any copying, republication, or redistribution of such statement.