07.50-09.00
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Registration and Coffee in the Pre-Function Area
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08.05-08.55
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Breakfast Briefing: Time to Come Together – The Future of P&I?
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The marine insurance market has often pondered whether the existing P&I Club model might not be future-fit and that, perhaps, consolidation and fewer Clubs could create a stronger market. Now that North and Standard have merged, this session analyses whether the recent February renewal season has sparked the need for yet more consolidation and what might that look like.
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Moderator: Demian Smith, Managing Director, Head of Mutual, Agency and Captive Reinsurance Solutions, Guy Carpenter
Panellists: Ed Davies, Chief Strategy Officer, NorthStandard
Andrew Cutler, Chief Executive Officer, Britannia P&I Club and Chairman, International Group of P&I Clubs
Christian-Pritchard Davies, Chief Financial Officer, Gard AS
Tom Hamilton, Chief Underwriting Officer – Executive Vice President, The American P&I Club
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08.55-09.00
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Welcome Address: Grant Attwell, Director, Cannon Events
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09.00-09.45
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Panel Discussion: Can London Still Call Itself the Marine Market Leader?
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In this session, we explore London’s place in the global marine market as it emerges that Norway now writes a greater volume of hull premium. Does the London market needs to re-assess itself and ask questions about how it retains its number one global trading name. More than that, how does the marine insurance market retain its relevancy?
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Moderator: Louise Nevill, Chief Executive Officer, Marine and Cargo, Marsh
Panellists: Tom Midttun, Head of Production, Lockton Marine
Lars Lange, Secretary General, International Union of Marine Insurance
Iain Henstridge, Head of Hull, Apollo Syndicate Management
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09.45-10.15
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Keynote Address: The World – A More Uncertain Place Than Ever
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This keynote will look at the general environment in which the marine industry presently operates. The world seems to be getting more dangerous, not just with Russia and Ukraine, but with increased tension between China and the west. We will explore some of the pinch points around the world and consider their impact on the marine market and its insurers.
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Presenter: Richard Luckyn-Malone, Director, Herminius
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10.15-10.40
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Fireside Chat: War Insurance – How Well is it Working?
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This session discussion will look at the proof of concept: has war insurance worked when faced with the reality of war? What can the marine insurance sector learn from the Ukraine experience? What could be done better?
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Participants: Frédéric Denèfle, President, International Union of Marine Insurance
Michael Davey, Barrister (KC), Quadrant Chambers
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10.40-11.05
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Coffee and Networking in the Pre-Function Area
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STREAM I
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STREAM II
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11.05-11.25
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Keynote Presentation: Time to Go Nuclear?
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11.05-11.25 Presentation: General Average – Is There a Better Way?
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Nuclear is a true zero emission technology in need of a mass market, and maritime is a market in need of a true zero emission technology to take us into the future. As the marine market searches for greener alternatives for fuel, we hear from an expert working on the possibility of nuclear options for the market.
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Ever larger container vessels pose a potential problem, with General Average involving thousands of cargo interests who may have relatively modest contributions to the overall GA. Is there a better way to deal with these claims? Is GA still relevant today?
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Presenter: Mikal Boe, Chief Executive Officer, Core Power
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Presenter: Alex Kemp, Partner, HFW
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11.25-12.10
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Panel Discussion: Embracing the Poseidon Principles
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11.25-12.10: Panel Discussion: Supply Chain – Logistical Issues and Port Blockages
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The Poseidon Principles have set out guidelines on how the marine market can embrace the concept of ESG, but the marine market is moving more slowly than other sectors, particularly the banks, on ESG. This session explores the risk that the marine market may be hampered because it has not moved fast enough and whether insurers will start to reject business from non-ESG compliant shipping entities. It will also explore whether data might help shipping entities overcome these challenges and help evidence good ESG discipline to the insurers.
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The logistical supply chain issues due to Covid are well known and documented, but have any lessons been learnt? Are the port operators prepared for the next global issue or surge in demand? Will we see 100 vessels queueing off the west coast again waiting for a berth? Freight rates are back down to pre-pandemic levels now, but what is to come? What does the new geopolitical and geoeconomic environment mean for future supply chains?
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Moderator: Ilias Tsakiris, Chief Executive Officer, Hellenic Hull and Chairman, Ocean Hull Committee, IUMI
Panellists: Nick Shaw, Chief Executive Officer, International Group of P&I Clubs
Pauline Des Vallières, Sustainable Insurance Manager, Scor
Hildegunn Nilssen, Communications Director, Norwegian Hull Club
Francesco Zolezzi, Claims Manager, CR International
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Moderator: Matthew Wilmshurst, Partner, HFW
Panellists: Juan Carlos Martinez, Chief Executive Officer, Cargo Risk Corporation
Neil Atkinson, Head of Marine, UK Company, CNA Hardy
Will Ripley, Head of Commercial, GAWS of London
Thomas Langridge, Associate Director, Outsourced Logistics, Freight Services, 3PL, Supply Chain and Marine Liabilities, Aon Commercial Risk Solutions
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12.10-12.30
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Presentation: New Year, New Rules
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January 1st brought with it a slew of new rules around decarbonisation for the marine market. Although heralded well in advance, guidelines on implementation were not so readily forthcoming. We take a look back and discuss what has changed and what advice there is for the market, as well as considering how the marine insurance market will factor these changes into their underwriting approach.
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Presenter: Kelly Malynn, Product Leader, Cyber Physical Damage MAP Risks, Beazley
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12.30-13.40
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Lunch in the Pre-Function Area
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13.40-14.15
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One to One: Information is King! Or is it?
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With so much data freely available, is there such a thing as too much data? Is there a risk that shipping entities and their insurers will become bogged down in a morass of information and find it hard to sift the good data from the bad? This session will also ask whether it is possible for competition to work in an environment where everyone has such access to data. How will service providers add value in the future and who will want ownership of the data?
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Participants: Astrid Seltmann, Analyst/Actuary of Cefor, The Nordic Association of Marine Insurers
Andrew Yeoman, Chief Executive Officer, Concirrus
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14.15-14.35
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Presentation: Impact of Geopolitics on Cargo
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How are geopolitical events impacting the pattern of cargo around the world? Are we expecting the Russia-Ukraine war and China-Taiwan tensions to really change how and where cargo is moved?
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Presenter: Neil Atkinson, Head of Marine, UK Company, CNA Hardy
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14.35-14.55
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Presentation: Operating in the Dark
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Since the war in Ukraine, an increasing number of ships are turning off their GPS to avoid detection or are changing registries to avoid sanctions. In this session, we examine how prevalent the problem is and the possible consequences for marine insurers and their insureds.
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Presenter: John Lusk, Chief Executive Officer, Spire Maritime
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14.55-15.20
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Coffee and Networking in the Pre-Function Area
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15.20-16.00
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Panel Discussion: Collaborating with the Salvors
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Salvors are the common thread running through any salvage operation, working with owners and claims teams. But is there a need to take a more collaborative approach to maximise the benefits of working together to solve problems and minimize costs, while finding speedy solutions for the clients? This session will explore these relationships.
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Moderator: Andrew Chamberlain, Partner and Mariner, HFW
Panellists: Melis Otmar, Claims Director, BMS Harris & Dixon Marine
Caglar Coskunsu, Partner, Cavus & Coskunsu Law Firm
Andreas Brachel, Head of Environmental Claims, Gard AS
Richard Janssen, Managing Director, SMIT Salvage
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16.00-16.20
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Presentation: Keeping the (Claims) Records Straight
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Keeping a tight lid on claims also involves analysing historic claims and identifying the trends, preferably across the whole sector and not just for one book of business. But is that possible in an industry where competition is so fierce? Could the marine insurance market adopt the same approach as other lines of business?
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Presenter: Matthew de Plater, Claims Director, NorthStandard
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16.20-17.00
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Workstream Report: What Will it Take to Make LOF Future-Fit?
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Since the attempted closure of Lloyd’s Salvage Arbitration Branch was averted, there has been an increased focus on how confidence in the LOF system can be restored. In this session, the panel will provide an update and discuss whether change is on the horizon.
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Moderator: George Tsavliris, Principal, Tsavliris Salvage and Non-Executive Chairman, One Global Broking, Greece and Cyprus
Participants: Capt. Nicholas Sloane, President, International Salvage Union, Director, Resolve Marine
Stephen Chapman, Marine Claims Manager, Ascot
Ben Harris, Head of Claims, London Branch, The Shipowners’ Club
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17.00-17.05
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Closing Remarks: Grant Attwell, Director, Cannon Events
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17.05-Late
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Drinks Reception
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