Who pays for and benefits from alternative disaster insurance and mitigation programs? asks MARIM head
An upcoming Malaysian Association of Risk and Insurance Management (MARIM) seminar will provide risk and insurance professionals with the opportunity to share information on risk management, specialised lending and regulatory issues, according to MARIM chairman Mohamad Bin Mohd Zain (pictured).
The ‘Managing large and specialised risks: Challenges and opportunities’ seminar will be held at Bukit Kiara Equestrian and Country Resort, Kuala Lumpur on 3 April.
Furthermore, says Mohd Zain – who is vice president of group business assurance at Telekom Malaysia Berhad – the one-day event will also cover market conditions, risk communication, information sharing, incentive systems and insurance.
“The focus is on the integration of risk assessments, risk perception and risk financing with risk management strategies,” Mohd Zain says.
“What is fundamentally at stake here is the cost and affordability of living and working in risky areas. Who ultimately bears the costs and receives the benefits of alternative disaster insurance and mitigation programs?”
Presentations will include an insurance perspective on managing large and specialised risks by the head of Sterling Insurance Brokers, Abdul Halim Jantan; ‘Under insurance – the perils and solutions’ by managing director of plant, equipment and properties valuation firm John Foord (International) Graham Copland; and ‘Managing large project risks’ by senior manager at Tenaga Nasional Berhad Anwar Ahmad Abidin.
For the full seminar programme and a list of speakers, go to www.marim.org
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