Posts Tagged ‘MMC Rising Professionals’ Global Forum 2019’



June 17th, 2019

New products and data key to building more resilient societies, says Schauble; MMC Young Professionals’ Global Forum 2019

Posted at 9:34 AM ET

As climate change rises up the agenda, there are huge opportunities to help companies manage risk in the burgeoning weather protection market, said Barney Schauble, Managing Principal, Nephila Advisors. Speaking at the MMC Rising Professionals’ Global Forum, he said: “It feels like the early days of the catastrophe ILS market.”

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June 14th, 2019

Avoiding the cliff edge of no-deal Brexit; MMC Young Professionals’ Global Forum 2019

Posted at 1:26 PM ET

The United Kingdom’s Prudential Regulatory Authority (PRA) has “done as much as it can do to de-risk a no-deal [Brexit] cliff edge,” according to Mr. Sam Woods, deputy governor for prudential regulation and chief executive officer of the PRA, Bank of England.

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June 14th, 2019

Artificial Intelligence will help automate bespoke policies, says Lloyd’s Maynard; MMC Young Professionals’ Global Forum 2019

Posted at 1:13 PM ET

Artificial Intelligence (AI) offers the potential to automate how the insurance market delivers truly bespoke insurance products, according to Trevor Maynard, Head of Innovation at Lloyd’s.

Speaking at the MMC Rising Professionals’ Global Forum in London, Dr. Maynard said: “AI raises some really interesting possibilities in terms of automating how we deliver bespoke insurance products.”

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June 13th, 2019

Sir Richard Dearlove plays down Brexit but warns insurers of risks posed by “new international order”; MMC Young Professionals’ Global Forum 2019

Posted at 12:12 PM ET

The impact of Brexit on the London insurance market will be minimal, according to Sir Richard Dearlove, OBE, Non-executive Chairman of Ascot Underwriting, describing Brexit as “a sideshow.”

Addressing delegates at the MMC Rising Professionals Global Forum, Mr. Dearlove said: “The London insurance industry is a global industry, not a European industry, so the effect of Brexit will probably be very small.”

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June 13th, 2019

“The Age of Risk has just begun,” believes Marsh & McLennan’s Dan Glaser; MMC Young Professionals’ Global Forum 2019

Posted at 12:05 PM ET

“There is no better time to be in the risk business than right now,” said Dan Glaser, President and Chief Executive Officer of Marsh & McLennan, in his opening address to delegates at the MMC Rising Professionals’ Forum 2019 in London.

“The world around us is moving at such a rate that it is in a constant state of VUCA - volatility, uncertainty, complexity and ambiguity,” he continued. “In the past, it might have been a country, a state or a sector that was in a VUCA state, but today it is the whole world. Every single company is in a state of VUCA - there is no sense of security anymore.”

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June 12th, 2019

John Neal: Lloyd’s must seize “once in a generation” opportunity to embrace digital transformation; MMC Young Professionals’ Global Forum 2019

Posted at 3:04 PM ET

The Lloyd’s market must evolve and evolve fast or risk driving itself into irrelevance. This was the warning from Lloyd’s chief executive Mr. John Neal as he addressed delegates at the 2019 MMC Rising Professionals’ Global Forum in London today.

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