The European Forum for Risk and Insurance professionnals
Thomas Lillelund, Chief Executive Officer Europe, AIG
Why participating at a European risk management Forum is important to you?
FERMA’s impressive convening power is reflected in its bi-annual Forum. By bringing together such a significant number of risk managers and experts from across Europe and across industries, FERMA is able to foster meaningful debate, share insight based on a wide range of expertise and provide an unmatched opportunity for relationship building and networking. The issues being explored at the Forum will shape risk management now and in the years to come.
What does “aim for the future” mean to you?
‘Aim for the future’ means anticipating the influences, maximizing the opportunities and preparing for the risks which the future will bring. We are living and working in an exciting, fast-paced and ever changing environment and it is critical for the industry to look ahead and effectively explore and understand the forces which will shape our future. Geo-political uncertainty, digitalization, the opportunities and threats from big data, sustainability and climate change, effective capital structures, proportionate regulation – these are just some of the big issues which the industry is grappling with and which FERMA’s forum will explore as we ‘Aim for the future’.
Thomas will be speaking on ’Protectionism, nationalism and fragmentation: setting risk appetite in a complex trade environment’, what would you like the audience to remember after your session?
The forces of protectionism, nationalism and fragmentation are challenging the rules based multi-lateral framework for global trade and increasing complexity for companies as they endeavor to predict and interpret the external environment when setting risk appetite. I’d like the audience to take away the societal contribution that insurance makes, the value that insurance can bring in building economic resilience and the importance of an open environment for global trade as part of an effective eco-system – including understanding how insurers and risk managers can work together to navigate this complexity.