Background:

One of the strategies which the insurance industry has used to deal with the risk of natural catastrophes has been to transfer some catastrophe risk on to the financial markets. Omnipresent, networked computer systems change the landscape of cyber-catastrophe. Linking together machines around the world might have made the world a smaller place, but it has also made it more susceptible to the possible effects of a single disastrous event. For that reason, it is imperative that the insurance industry adapts the ways it manages cyber-catastrophe risk.

This event will explore cyber-catastrophe in general, and look at how integrating the capital markets with the insurance markets using insurance-linked securities.

Speaker:
Professor Mainelli is a qualified accountant, securities professional, computer specialist, and management consultant, educated at Harvard University and Trinity College Dublin. Michael gained his PhD at London School of Economics where he was also a Visiting Professor. He began his career as a research scientist, later becoming an accountancy-firm partner and a director of Ministry of Defence research. During a spell in merchant banking in 1994, he co-founded Z/Yen, the City of London’s leading commercial think-tank. He is a non-executive director of two listed firms and a regulator, Emeritus Professor at Gresham College, Fellow of Goodenough College, and a past Master of the Worshipful Company of World Traders.

Hugh Morris - Chairman:
Hugh has over 35 years business experience and has deep expertise in financial services. He specializes in leading technology and business services companies, delivering profitable entrepreneurial growth. He was a Global Managing Partner at Accenture where he led the technology and outsourcing practices in the UK, led the public sector practice in Scandinavia, UK, Ireland and South Africa and, subsequently, the global Transition and Transformation practice for the outsourcing business of the firm. He was then an Executive Director at Xchanging plc where he led the HR outsourcing business and then integrated the company's global IT and operations infrastructure. He then started his own business, Laureate Legal Services, aimed at delivering BPO services to leading UK law firms. He worked at Genpact leading business development in EMEA for financial services and then as Sales and Marketing Director for TORI Global, a financial-service focused consultancy.

Dr John Clarke - Panelist:
John has wide ranging experience of managing leading edge technology development teams in fields as diverse as real-time augmented reality for surgery, silicon microchip design, oil field services, and investment portfolio risk optimization. He brings extensive hands-on experience of cyber-security from both the blue- and red-team perspectives. John is co-founder and CIO of InsurTechnix which is using AI and cybermatics to help insurers manage cyber-risk, better price premiums, and automate their applications/quotes/claims procedures.

The overall programme for this event is:
18.00 Registration and drinks
18.30 Speaker presentation and Q & A
19.45 Canapés, drinks and networking
20.45 Close