Resources
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Virtual Meetings
April 10, 2024 | Red Sea Crisis
The meeting discussed global marine and cargo insurance trends, focusing on the Red Sea and Black Sea regions. Panelists Camilla Gower (Tokio Marine HCC) and Brook Styles (Markel) shared insights on war risks, including piracy aspects and stock throughput policies. The emphasis was on the evolving risk landscape in the Red Sea due to incidents involving Houthi rebels targeting vessels, which is impacting trade routes and shipping operations. Finally, the experts discussed the potential implications of the risks on wider insurance markets beyond the marine industry, showing how geopolitical tensions affect maritime operations significantly.
October 5, 2023 | Global Brokerage M&A
The meeting discussed global trends regarding mergers & acquisitions activities in the insurance brokerage sector. Panelists Tomos Ashfield (Ardonagh), Ed Bowler (USI), Drew Pippin (IMA), and John Plummer (Ardonagh) shared that new M&A strategies are being implemented to mitigate elevated valuations. The pace of M&A activity has slowed since the peak in 2021, but many acquirers (either brokerages or PE-firms) continue to find great value and opportunities in the current market – both nationally and internationally. According to the experts, while some valuations have decreased, pricing for A+ firms has remained extremely high.
October 2, 2021 | International Working Group
The International Working Group continues developing a candid conversation between corporate risk managers and brokers on fundamental questions around client engagement, and explores how the pandemic and hard market affected policyholders’ risk profile and relationship with carriers and consultants. The second panel features an interview with EY’s expert Taffy Jo Mayers on trends that shape the future insurance market and offers insights on how stakeholders should position themselves for success.
September 30, 2020 | International Working Group Meeting: Risk Management Insights
Risk managers from Marriott, Mitch Aucoin, and Bechtel, Jaap Vroljik, shared their assessment of the global risk landscape and brokers’ role in navigating the pandemic. In addition, defense attorney Gavin Kealey, who represented MS Amlin and Ecclesiastical in the U.K. business interruption test case, provided his insights on the hearings and the judgment of September 15.
June 25, 2020 | International Working Group Meeting: Emerging Pandemic Risks in Food Sector
Peter Rosiere, Vice President for Risk Management at Sodexo, a global leader in food services and facility management, shares the industry’s perspective on emerging risks and safety protocols under the pandemic. He also provides insights on how the pandemic shaped the company’s operational risks and global supply chain, what challenges were confronted while returning to work, and how brokers can add value.
June 1, 2020 | International Working Group Meeting: Analyzing Global Survey on Brokerage Operations
An in-depth conversation about The Council’s global survey results on members’ operational practices and trends in client services, shaped by the pandemic. How brokers have stayed in business, how clients’ needs have changed and what lessons we will carry over to the new normal – these are some questions posed to the group. Also joining was the LIIBA President and CEO Chris Croft to guide on recent developments on the London and EU markets and insurance regulations.
May 7, 2020 | Return to Work in the New Normal: Global Focus on Workforce Health, Safety & Emerging Risks
This International Working Group meeting features an interactive conversation with Donna Lynch, practice leader at the global environmental, health and safety consultancy Antea, who shares her take on key elements of health and safety protocols as companies return back to work. Solvay’s deputy head of global insurance, Xenia Whitacre also weighs in on her company’s experience in tackling challenges in supply chain risks and global workforce management.
April 16, 2020 | International Working Group Meeting: Pandemic and Brokers’ Global Response
To leverage The Council’s platform and expertise of our members worldwide, the International Working Group will continue serving as a resource of market intelligence in these challenging times through a series of interactive virtual meetings. This first meeting on April 16 featured member experts from Ascoma, Miller and Pacific Prime sharing their insights on the pandemic impact on operations in China and Africa, as well as the London market’s developments.
Panelists:
- Laurent Gizardin, Ascoma
- John Eltham, Miller
- Jonathan Hsieh, Pacific Prime
Moderated by International Working Group Chair Tarun Chopra of Clements Worldwide
- Download Our Past Meeting Recaps