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• State of the Market

Join us for the seventh and last iNED Forum webinar of 2021

“The State of the Market”

Webinar on Monday 8^th November 16:00 until 17:30

Introduction

The annual “State of the Market” Forum brings together three of the Markets key “movers and shakers” representing the Lloyd’s, Company market and the broking sectors and is always one of our most popular iNED  events.     As it can be a challenge for NEDs who are not working day to day in an executive role to stay abreast of market developments, the assessment of these three industry leaders as to where we are as we approach the January renewal season is sure to be of considerable interest in the aftermath of probably the most challenging two years we have ever faced as a community.   

As always, we have asked our speakers to interpret the brief widely to embrace any and all developments they believe will impact and shape the London market  in the years ahead.   These could be at the macro level as economies begin to recover from the pandemic, international and UK  changes post Brexit, industry initiatives to improve underwriting results and lower operating costs,  to the increasing use of new technologies, the outlook for trading conditions over the forthcoming renewal season, regulatory priorities etc.

LEARNING OBJECTIVES: 

Learning Objectives

Identify the key issues and challenges confronting London Market participants for 2022 and beyond as reflected in the views of the three industry leaders.

Describe the progress being made by London Market participants  on improving underwriting results and reducing operating costs.

Describe the changed shape of the broking sector in the aftermath of the Aon / Willis adventure

Explain the progress being made in market modernisation and other initiatives to improve market access and competitiveness.

Summarise the current trading environment and challenges as we face into the January 1st renewal season

This iNED Forum is open to insurance Non-executive Directors (iNEDS), aspiring iNEDS, Company Secretaries, Compliance staff and all those involved with corporate governance, underwriting, broking and risk management in the insurance sector.

There is no requirement for delegates to be members of the Worshipful Company of Insurers.

DATE:

Monday 8 November 2021
 

TIMINGS:

Zoom facility opens 15.45pm
Forum:  Webinar begins 16.00pm
Forum: Webinar ends 17.30pm
 

CPD HOURS:

This accredited iNED Forum qualifies for up to 1.5* CPD hours. Delegates participating in the accredited iNED Forums, Workshops and Lectures can claim CPD hours towards the CII / Personal Finance Society member CPD scheme. *excluding breaks
 

CONDITIONS:

• On the day of the event attendance confirmations are non-transferable to any other person or event.
• Admittance to the webinar will only be approved for booked delegates.
• Phones must be switched off or put in silent mode during iNED events.
• It is not permitted to upload photos taken during iNED events to Social Media platforms, or any other website, without first obtaining the explicit consent of the subjects.

This webinar will be recorded for internal WCI purposes e.g. in connection with the annual renewal of our CII CPD accreditation

Speakers:

Richard Milner Chief Executive Officer, AIUK and AMAL in June 2020.

Richard has more than 20 years of experience across a number of global (re)insurance markets having worked in London, Bermuda and Singapore. Over his career Richard has gained underwriting experience across multiple product lines and in all areas of management, leadership, capital planning and underwriting.  Prior to joining Aspen, he was Chief Executive Officer at VIBE Re, the reinsurance operation of VIBE Syndicate. He has also served in senior positions at AXIS Capital, including President and Chief Underwriting Officer, AXIS Re London and APAC, and Head of Global Business Development, AXIS Re

Rob Kuchinski Head of Commercial, Zurich

Rob joined the Zurich UK leadership team in 2019, having been Global Head of Property & Energy since 2017. He has 35 years of industry experience to the role. Prior to this, Rob was Head of International Property for Allied World and held several senior positions within AIG's global property and energy business.  He also remains Global Head of Energy for Zurich, and serves as Chair of the International Underwriting Association, Member of the LMG Board, and Industry Advisory Board for Rutgers University School of Engineering.

Caroline Wagstaff CEO, London Market Group

Caroline has spent the last 25 years immersing herself in the financial and professional services, including commodity trading, spread-betting, accountancy, money broking, legal services and particularly commercial insurance. Caroline spent five years as Head of Marketing and Communications at Lloyd’s of London – seeing the organisation through the largest-ever fraud trial, Concorde crashing and 9/11. In the next 15 years, she built a market-leading communications practice in the specialty insurance sector – working for many of the world’s leading insurance businesses, offering both strategic advice and tactical support. She was appointed Interim CEO of the London Market Group in April 2021 and took on the role permanently in September.