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Table No. |
13.25-13.50 |
Table No. |
13.55-14.20 |
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1 |
It’s Not Easy Being Green – How Does the Insurance Market Step Up to Fulfil its Role in the Green Transformation? • What is the insurance market’s role in the green transformation? • Where has the insurance market got things right and wrong historically and is it better or worse today? • What lessons has the insurance market learned over the past few years’ green transformation? • What challenges are there preventing the insurance market fulfilling its role? • What are the defining qualities of a sustainable insurance market that can support a resilient green transformation? • What can be done to improve quantitative understanding of emerging risks? Facilitator: Fraser McLachlan, Chief Executive Officer, GCube Underwriting |
1 |
It’s Not Easy Being Green – How Does the Insurance Market Step Up to Fulfil its Role in the Green Transformation? • What is the insurance market’s role in the green transformation? • Where has the insurance market got things right and wrong historically and is it better or worse today? • What lessons has the insurance market learned over the past few years’ green transformation? • What challenges are there preventing the insurance market fulfilling its role? • What are the defining qualities of a sustainable insurance market that can support a resilient green transformation? • What can be done to improve quantitative understanding of emerging risks? Facilitator: Fraser McLachlan, Chief Executive Officer, GCube Underwriting |
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2 |
Renewables Exposure, Challenges in Data Accuracy and Risk Pricing • What is the right exposure data to use for risk management of solar exposures? • Standardisation of renewable exposure such as OED, is what the insurance market is looking for? • Data augmentation for better risk management • The replacement costs of components for renewables have great volatility – is an IEDs (Industry Exposure Database) meaningful? Facilitators: James Lay, AVP Product Manager, Nasdaq Catastrophe Modelling Platform Irina Behnert, Senior Product Manager, Verisk Extreme Event Solutions |
2 |
Renewables Exposure, Challenges in Data Accuracy and Risk Pricing • What is the right exposure data to use for risk management of solar exposures? • Standardisation of renewable exposure such as OED, is what the insurance market is looking for? • Data augmentation for better risk management • The replacement costs of components for renewables have great volatility – is an IEDs (Industry Exposure Database) meaningful? Facilitators: James Lay, AVP Product Manager, Nasdaq Catastrophe Modelling Platform Irina Behnert, Senior Product Manager, Verisk Extreme Event Solutions |
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3 |
Trump and the US Landscape iro ‘Drill Baby Drill’ and US Foreign Policy • Is it the right time? Arguably wasn’t a month or so ago. Has production peaked? • Middle East situation could play a major role • If Trump does get this moving, could rigs and crews be rushed back too quickly? • Could this lead to more losses? Facilitator: Joe Walker, Energy Underwriter, Tokio Marine HCC |
3 |
Trump and the US Landscape iro ‘Drill Baby Drill’ and US Foreign Policy • Is it the right time? Arguably wasn’t a month or so ago. Has production peaked? • Middle East situation could play a major role • If Trump does get this moving, could rigs and crews be rushed back too quickly? • Could this lead to more losses? Facilitator: Joe Walker, Energy Underwriter, Tokio Marine HCC |
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4 |
Bridging the Risk Gap – Insurance for Advanced Nuclear Technologies • Nuclear power today • New nuclear technologies and their expanding applications • First-of-a-Kind dilemma for insurers • Risk gaps vs perceived gaps • What’s next: future-proofing nuclear insurance Facilitator: Zemfira Knott, Director, Northcourt |
4 |
Bridging the Risk Gap – Insurance for Advanced Nuclear Technologies • Nuclear power today • New nuclear technologies and their expanding applications • First-of-a-Kind dilemma for insurers • Risk gaps vs perceived gaps • What’s next: future-proofing nuclear insurance Facilitator: Zemfira Knott, Director, Northcourt |
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5 |
Natural Catastrophe – Are we Seeing an Improvement in the Resilience of our Renewables Systems? • Does the market still have an appetite to insure these huge renewables assets, and is the market seeing similar types of damage around the world? • What sort of due diligence should you do before underwriting these assets? • What kind of wording do you have in your policies regarding things like microcracking and lightning damage? Is there a microcrack exclusion clause? How are repair costs and BI addressed for large losses in light of mounting supply chain problems? • Do you foresee any major changes in the design of these renewables sites to minimize storm damage? Facilitator: Rod Rennison, Senior Vice President, Global Energy Services, Rimkus |
5 |
Natural Catastrophe – Are we Seeing an Improvement in the Resilience of our Renewables Systems? • Does the market still have an appetite to insure these huge renewables assets, and is the market seeing similar types of damage around the world? • What sort of due diligence should you do before underwriting these assets? • What kind of wording do you have in your policies regarding things like microcracking and lightning damage? Is there a microcrack exclusion clause? How are repair costs and BI addressed for large losses in light of mounting supply chain problems? • Do you foresee any major changes in the design of these renewables sites to minimize storm damage? Facilitator: Rod Rennison, Senior Vice President, Global Energy Services, Rimkus |
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6 |
Aging Renewables – How Well are our Systems Performing? • Is the market seeing an increase in claims on aging systems, especially wind turbines? • What are some of the practical problems insurers are seeing with aging wind turbine claims? • What are some of the problems you are seeing with solar sites? Facilitator: John Colquhoun, Director, Rimkus |
6 |
Aging Renewables – How Well are our Systems Performing? • Is the market seeing an increase in claims on aging systems, especially wind turbines? • What are some of the practical problems insurers are seeing with aging wind turbine claims? • What are some of the problems you are seeing with solar sites? Facilitator: John Colquhoun, Director, Rimkus |
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7 |
Renewable Energy Site Selection in Europe: Ranking Risks • Which risk is most important? Is it natural catastrophes e.g. hurricanes and earthquakes? Attritional? Liability? Or is it something else entirely? • How will your rankings change in the next 5, 10 years? • How does your ranking change per region? • Do you envisage climate change will make an impact? Facilitators: Aaron Bent, Head of Business Development, Renew Risk Ashima Gupta, Chief Executive Officer, Renew Risk |
7 |
Renewable Energy Site Selection in Europe: Ranking Risks • Which risk is most important? Is it natural catastrophes e.g. hurricanes and earthquakes? Attritional? Liability? Or is it something else entirely? • How will your rankings change in the next 5, 10 years? • How does your ranking change per region? • Do you envisage climate change will make an impact? Facilitators: Subhamoy Bhattacharya, Chief Scientist, Renew Risk Gaurav Chawla, Executive Chair, Renew Risk |
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8 |
Business Interruption Claims and Underwriting Considerations of BESS • Overview of revenue models • Optimisation tools and forecasts, and the importance of setting the correct sum insured • Complexity of operational strategy, interdependence, contingent BI? • MIP consideration Facilitators: Katrina Wilson, Senior Manager, MDD Brad Ebel, Senior Partner, Global Energy Practice Leader, MDD Lee Swain, Partner, MDD |
8 |
Business Interruption Claims and Underwriting Considerations of BESS • Overview of revenue models • Optimisation tools and forecasts, and the importance of setting the correct sum insured • Complexity of operational strategy, interdependence, contingent BI? • MIP consideration Facilitators: Katrina Wilson, Senior Manager, MDD Brad Ebel, Senior Partner, Global Energy Practice Leader, MDD Lee Swain, Partner, MDD |
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9 |
Failure Investigation and the Forensic Process • Evidence collection – Who, what, when, where… • How the forensic process prepares you for a dispute • Hot topics – wind turbine gearboxes, subsea cables… Facilitator: Chris Minton, Director, Minton, Treharne & Davies Group |
9 |
Failure Investigation and the Forensic Process • Evidence collection – Who, what, when, where… • How the forensic process prepares you for a dispute • Hot topics – wind turbine gearboxes, subsea cables… Facilitator: Chris Minton, Director, Minton, Treharne & Davies Group |
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10 |
Which Way is the Energy WELCAR Scale Tipping? • Is appetite for floating offshore wind rising or falling now that it sits mainly with traditional energy insurers? • Will light touch MWS approaches in renewables, such as first in series COAs and limited offshore attendance, be replaced with more robust scopes as floating wind ramps up, or will these lighter scopes start creeping into Oil and Gas, where claims have been fewer? • Floating wind operates in harsher, always-on environments. Is it time to rethink the MWS model using lessons from Oil and Gas? • Is a rethink realistic or even possible in today’s market? Facilitator: Robert Askins, UK Manager, Global Maritime |
10 |
Which Way is the Energy WELCAR Scale Tipping? • Is appetite for floating offshore wind rising or falling now that it sits mainly with traditional energy insurers? • Will light touch MWS approaches in renewables, such as first in series COAs and limited offshore attendance, be replaced with more robust scopes as floating wind ramps up, or will these lighter scopes start creeping into Oil and Gas, where claims have been fewer? • Floating wind operates in harsher, always-on environments. Is it time to rethink the MWS model using lessons from Oil and Gas? • Is a rethink realistic or even possible in today’s market? Facilitator: Robert Askins, UK Manager, Global Maritime |
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11 |
The Role, Pitfalls and Benefits of Hydrogen in the Energy Transition, Including Discussion on Production and Storage • Overview of types of hydrogen production • How easy is it for hydrogen to detonate? What does this mean? • Design criteria to consider for hydrogen systems Facilitators: John Evans, Principal Expert and Physicist, Thornton Tomasetti James Birchall, Associate Structural Engineer, Thornton Tomasetti |
11 |
The Role, Pitfalls and Benefits of Hydrogen in the Energy Transition, Including Discussion on Production and Storage • Overview of types of hydrogen production • How easy is it for hydrogen to detonate? What does this mean? • Design criteria to consider for hydrogen systems Facilitators: John Evans, Principal Expert and Physicist, Thornton Tomasetti James Birchall, Associate Structural Engineer, Thornton Tomasetti |
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12 |
Tariffs – The Impact on Supply Chains and Coverage Considerations There have been significant changes in the global trade landscape following the enactment of new tariffs by the Trump Administration. These changes have affected steel, aluminium and other goods and resulted in costs increases in the rebuilding and replacement of damaged property. We will consider the issues arising from these shifts including: • Whether additional costs will fall for an indemnity; • Underinsurance/lack of adequate Sums Insured; • Business interruption considerations ; • Origin washing; • Broker “Tariff Endorsement”; Facilitators: Lourenzo Fernandez, Senior Associate, Kennedys |
12 |
Tariffs – The Impact on Supply Chains and Coverage Considerations There have been significant changes in the global trade landscape following the enactment of new tariffs by the Trump Administration. These changes have affected steel, aluminium and other goods and resulted in costs increases in the rebuilding and replacement of damaged property. We will consider the issues arising from these shifts including: • Whether additional costs will fall for an indemnity; • Underinsurance/lack of adequate Sums Insured; • Business interruption considerations ; • Origin washing; • Broker “Tariff Endorsement”; Facilitators: Lourenzo Fernandez, Senior Associate, Kennedys |
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13 |
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13 |
Weathering the Storms: Developing a Resilient Solar Industry This roundtable will examine the weather-related challenges facing the solar industry and strengthening the resiliency of solar technology amid rapid expansion and increased demand. • More and larger solar farms may mean more losses. How can we improve resiliency against weather-related losses whilst continuing to support growth within the industry? • How do we, as an insurance industry, apply what we know about the impacts of severe convective storm risks in the solar industry to guide our underwriting practices? • Despite being one of the most cost-effective energy sources, does solar vulnerability to weather weaken its prospects as a reliable source of energy? •We can’t change the weather— what else could insurers be doing to support the solar industry’s success?
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