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European Risk Management Seminar 2020

A hardening insurance market was already having multiple consequences for risk managers when the Covid-19 pandemic hit. Now as programmes come up for renewal, prices are expected to rise in many lines of business and capacity may be limited and expensive. Risk managers have only two real options: pay more, possibly a lot more, or buy less coverage. Is the situation now so uncertain that insurance should be on the risk register?

Paying more premium doesn’t create specific technical challenges, except explaining the value of the coverage to senior management at a time of financial stress. Buying less cover  pushes risk managers back to basics: ensuring a clear understanding of risk exposure and options for self-finance within the risk appetite.

These various topics will be developed through the three workshops of Monday 12 October and the panel will aim at introducing the hardening market rationale and its various impacts on the risk managers’ daily tasks, paving the way to the workshops where technical knowledge and actual feedback from real cases will be shared.

Speakers on stage

  • Mukkader Erdönmez

    Board Member
    HDI

    Dr Mukadder Erdönmez has been appointed by the Supervisory Board of HDI as the Board Member with responsibility for the Liability Division. Prior to his present role, he was responsible for international liability business at AXA XL in the regions Europe, Africa and Latin America.  He also was responsible for global liability business for small and mid-sized companies at XL Insurances as Chief Underwriting Officer over a period of several years.

     

  • Nick Holmes

    Head of Global Placement Continental Europe, Middle East & Africa
    Marsh

    Nick is Head of Global Placement Continental Europe, Middle East & Africa with responsibility of the Retail and Wholesale placement operations, covering all lines of business and segments. Nick has worked for Marsh since 1998 in a variety of Placement positions including Retail and Wholesale Broking in addition to supporting the establishment of our Retail Placement Operations and Market Management Operations in Continental Europe. Nick was also responsible for the Global Placement & Specialty functions for Continental Europe before taking is current role. Prior to Marsh, Nick  worked in the London Underwriting market for a major non-marine Lloyd’s syndicate and as an Accident & Health Travel Underwriter for a major Global Insurer. .

    He is a member of the Continental European Executive Committee, a member of the Board of Marsh Turkey and Chairman of the Board for Marsh Norway.

  • Jochen Körner

    Managing Director
    Ecclesia Group

    Jochen Koerner is Managing Director of Ecclesia Group of companies, Germany’s largest independant insurance broker which he joined in May 2017.

    Jochen Koerner is sharing overall responsibility for the group with two Co-Managing Directors and oversees the industrial insurance division. Prior to that, Jochen Koerner worked 20 years with Marsh, where he held various senior leadership positions.

    He is an active member of the Atlantik Brücke, the American Chamber of Commerce in Germany and Wirtschaftsrat der CDU e. V.

    Jochen Koerner holds a master’s degree in Business from the University of Frankfurt and a MBA from Ashridge Management College in the UK.

  • Henning Haagen

    Member of the Board of Management
    Allianz Global Corporate and Specialty

    In March 2020, Henning was appointed Chief Underwriting Officer Specialty and Member of the Board of Management at Allianz Global Corporate & Specialty SE, responsible for Aviation, Enter-tainment, Marine and Mid Corporate underwriting portfolios, plus Underwriting Integrity and Solu-tions and the Underwriting Academy. In July 2020, he took on additional responsibility for all AGCS regions and markets outside North America, which includes oversight for Asia Pacific, Central & Eastern Europe, Ibero-LatAm, Mediterranean & Africa and Regional Unit London

  • Laurent Nihoul

    General Manager – Corporate Risk and Insurance
    ArcelorMittal

    Laurent Nihoul is General Manager – Corporate Risk and Insurance for ArcelorMittal, the world leading corporation in the steel and mining industry. He has more than 19 years of experience within the risk management, insurance and reinsurance business.

    In his current position, he is in charge of leading and operating ArcelorMittal’s worldwide insurable risks management and financing strategy, including captive (re)insurance and in-house brokerage operations.

    Formerly, he held several positions in the risk advisory sector (Aon and Deloitte) and also worked as an underwriter for more than ten years (liability lines and facultative reinsurance).

    Laurent is Belgian and holds a Master degree in Finance and Insurance, an Insurance Broker Degree and a Master in Philosophy.

    To read Laurent Nihoul’s speed interview, click here