Generali corporate solutions at the Risk and Insurance Management (RIM) Forum of the International Air Transport Association (IATA)
Generali hosted the 2016 RIM Forum, which took place in Rome on 18-19 May 2016. The Forum is dedicated to insurance and risk manager of IATA member companies (about 260 airlines representing over 80% of total air traffic). It provides strategic direction on aviation insurance to ensure that industry priorities are met and to help contain overall risk exposure.
This year focus was on “Optimising an Airline's Insurance Buying”, looking beyond traditional insurance coverages towards ways to define cost-effective solutions that meet legal requirements and at the same time respond to industry specific needs.
Mr Damian Ross, GEB Regional Manager UK and Northern Europe, joined the panel dedicated to alternative risks where “a captive is potentially better than traditional insurance as available”. These include emerging risks such as cyber risks and very specific areas such as workers protection where distinctive considerations apply (from decentralisation and local compliance with different regulations, to overall reward and organisational culture). Ross highlighted new trends in employee benefits funding and innovative features that have become available for companies looking to implement a global approach in coordinating their personnel’s risks.
The agenda further included a focus on innovation and crisis management, with a panel led by Europ Assistance, and overview of personnel insurances’ evolution worldwide, including an update on U.S. Workers Compensation. Generali Corporate & Commercial intervened in the session dedicated to coverage design in liability insurance.
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