Resilience: can the industry deliver when the chips are down?
In this IIL London Market lecture Simon Konsta outlined the legal, regulatory and cultural constraints faced by capital markets, the (re)insurance industry, governments and aid agencies as they seek to close the protection gap. His lecture also assessed the potential for new products to build resilience in markets exposed to natural disasters, exacerbated by climate change.
Simon explained that in developing countries, every year natural disasters cause long-term damage to millions of livelihoods and undermine efforts to build sustainable economic growth. Insurance and other forms of risk transfer could help those affected to bounce back and boost resilience. Simon’s presentation addressed what governments and regulators could or should be changing to encourage further product innovation and uptake in developing markets.
By the end of this lecture members would have gained an insight into:
- The protection gap and its impact on economic development
- Innovative new products from insurers and capital markets
- Legislative and regulatory challenges impacting innovation and resilience around the world
Simon is the firm's Senior Partner and chairs the Clyde and Co Global Management Board. He also maintains a legal practice focusing on commercial dispute resolution and professional liability and previously headed up the firm's insurance practice.
David Gittings, CEO, LMA.
Registration & Security
IIL lectures are open to Lloyd's pass holders and CII and PFS/SMP members.
All attendees must register online by 10.30am on the day of the lecture.
All attendees must produce photo ID - either a Lloyd's pass, driving licence with photo or valid passport.
- Email confirmations and photo ID must be produced to security staff at the lecture venue
- Attendance confirmations are non-transferable to any other person or lecture
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This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.
3/4 hours' CPD can be claimed for this event if relevant to your learning and development needs.
It is recommended that you keep any evidence of the CPD activity you have completed and upload copies to the recording tool as the CII may ask to see this if your record is selected for review. Details of the scheme can be viewed online at www.cii.co.uk/cpd.