The certainty, consistency and cost-savings offered by centrally-managed global insurance programmes remain highly attractive to risk and insurance managers with multinational companies in Europe and worldwide.
But regulatory, political and economic volatility and uncertainty mean that risk managers need to work more closely than ever with their partners to make sure they derive maximum benefit and ultimately achieve compliance.
Commercial Risk’s inaugural Global Programmes – Consistency and Certainty conference was held in London on 12 June 2019, and leading global programme experts provided over 150 delegates with the latest essential intelligence on how they need to structure, design and manage their programmes to achieve their goals.
What are the main threats to economic stability over the next five years? What is happening with global trade, sanctions and regulations?
In light of these challenges, what do multinational companies need to do to ensure they are fully prepared to deal with these risks.
How are the benefits of a global programme best sold upwards ultimately to the board and downwards to local managers on the ground?
Leading experts explain how the rules that impact how cross-border coverage is bought and managed have changed and are likely to evolve in major territories and regions of the world.
What is the best way to organise and structure a global programme to achieve consistency, certainty and compliance?
How do you choose your broker and insurer when setting up a global programme? What do the insurer and broker need to offer the risk manager to make sure that the programme works as intended?
What is the best way to manage claims and make sure that they are paid in a timely and compliant manner?
Does blockchain truly offer the seamless, transparent and cost-effective method of managing global programmes that will transform this sector?
How can Blockchain help improve the placement and administration of coverage so that I receive my policy on inception rather than six months later for example?
Can Blockchain help speed up the handling and payment of claims and avoid frustrating and expensive legal complications?
How can Blockchain take cost out of the commercial and industrial insurance market and reduce my costs?
Binance, the major cryptocurrency exchange, recently revealed that hackers stole more than $40m worth of bitcoin from its customers. Can I reassure my CFO that Blockchain really secure before I start placing all my policies and sensitive information on the system?
How could and should captives be used to manage the global programme and draw maximum benefit?
Business Risk Consultant, Asia Pacific
Jeffrey is a member of FM Global’s Business Risk Consulting (BRC) team in the Asia Pacific region. BRC services take a strategic approach towards helping clients identify the critical processes that drive their businesses and quantify dependencies on those processes. Through Business Impact Analysis (BIA), BRC helps clients to better understand the financial exposures to their businesses, to strengthen business resilience and develop effective risk management strategies.
Jeffrey joined FM Global in September of 2018. Prior to joining FM Global, Jeffrey was a Risk & Compliance Manager in the Group Finance department of The Great Eastern Life Assurance Company Limited, where he specialised in business process improvements and developing risk strategies. Prior to Great Eastern, Jeffrey served as a Corporate Improvement Manager in a publicly listed supply chain management company. He also had experience in performing financial statement audits in a range of industries, during his stint as a Senior Assurance Associate in Deloitte.
As a member of the Business Risk Consulting Group, Jeffrey is primarily responsible for conducting Business Impact Analysis, working in partnership with FM Global clients, to fully identify and quantify the client’s financial exposures as they relate to property and business interruption loss potential. The analysis Jeffrey performs often result in the identification of significant exposures that were previously unknown or not fully understood by the client, which potentially has a material impact to risk management decisions.
Jeffrey holds a Bachelor of Accountancy degree from Nanyang Business School, Nanyang Technological University of Singapore. He is also a certified Chartered Accountant.
Asia Complex Loss Director
Guido Gavio is the Asia Complex Loss Director for BELFOR Asia. He has more than 22 years of experience in handling restoration projects for companies suffering from losses after a disaster. He joined BELFOR Asia, then known as Relectronic – Remech as a Restoration Engineer in Australia in 1996. He rose through the ranks and was seconded to Thailand for 3 years from 1998 to 2001 before being posted to the regional Headquarters in Asia in 200
Guido studied electrical engineering at the Universidad Technologica de Buenos Aires in Argentina. Upon graduation, Guido worked at the National Institute of Industrial Technology assisting with research programs in the area of superconductors where he gained considerable hands – on experience in developing and building prototypes. Guido then migrated to Australia where he worked for Telstra in the design and construction of the cable and internet network.
Upon completion of the Telstra project, Guido joined Relectronic – Remech. BELFOR Asia has the capability to recover buildings, production lines and other property, following disaster incidents such as fire, explosion, earthquake, typhoon, wind, flooding, rain, water ingress, chemical spills etc.
The company has maintained the market leader position for disaster recovery in Asia for the past 25 years, and is now handling more than 1,600 industrial disaster incidents per year.