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European Risk Management Seminar 2020

In a soft market, risk managers focus on price. With harder rates and tougher conditions, they have to translate issues of insurance value, exposure and retention into CFO language. The conversation needs to move away from insurance premiums to the total cost of risk; the value of risk and insurance management to the business impact on EBITDA; cost of capital; cash flows and other financial indicators. Do risk managers speak this language today or is it a new skill they need to learn?

KEY EDUCATIONAL MESSAGE

Risk managers will learn practical and theoretical insights to help make their internal communication more relevant and impactful.

Speakers on stage

  • Kerry Balenthiran

    Group Manager, Business Risk Consulting
    FM Global

    After obtaining a BSc (Hons) Mathematics from the University of Warwick, Kerry began his career as a Spacecraft Operations Engineer working for Airbus Defence and Space (part of Airbus Group) for 4 years and spent six months on secondment to the European Space Agency. He then decided to change direction and became a Chartered Accountant with Arthur Andersen.

    Kerry joined FM Global as Internal Audit Manager and was subsequently Treasury and Collections Manager and Financial Reporting Manager. In April 2012, Kerry became a Business Risk Consultant in order to develop his career in a client-facing operational role and is now Group Manager, Business Risk Consulting (EMEA).

    Kerry’s experience allows him to leverage his prior risk management and financial experience to help clients identify business risks, quantify exposures, prioritize risk improvement and business continuity mitigation strategies and ultimately reduce the frequency and severity of losses.

     

  • 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