European Captive Forum 2022: A Must in Captive Insurance
European Captive Forum 2022: A Must in Captive Insurance
The European Captive Forum is a leading event that brings together owners, managers and all those who are part of the captive insurance community to discuss the current situation. The forum will take place on November 9th and 10th, 2022 at the European Convention Centre in Luxembourg.
To get an idea of the magnitude of the event, here are some facts:
One of the central themes of the event is Employee Benefits. Aspects such as digitalization, a key issue when it comes to achieving automation, will be addressed, as the former is an inexcusable condition that must exist to achieve the latter. Digitalization guarantees self-management by the employee.
The insurance sector has not escaped the escalation of rising costs, which is being directly passed on to corporate insurance premiums in both the insurance and reinsurance markets. When calculating risk, it is first necessary to determine how inflation affects the business. In inflationary times the captive can be a critical tool for controlling prices.
The pandemic was a challenge for everyone, including captive insurers who, among other difficulties, had to maintain Employee Benefits in difficult circumstances. Once the health emergency was over, it was necessary to adapt to a world that had changed, to what has come to be called the new normal.
Another phenomenon that is becoming increasingly important is cyber risk, and one of its main characteristics is that it is very difficult to measure. Against this backdrop, the most appropriate response can be given by the captive. Faced with the impossibility of finding a third party to ensure the threat posed by cyber risk, it is the company itself, with the captive, which provides a solution to the lack of coverage (self-insurance).
During the European Captive Forum key questions will be raised such as:
The European Captive Forum is a leading event that brings together owners, managers and all those who are part of the captive insurance community to discuss the current situation. The forum will take place on November 9th and 10th, 2022 at the European Convention Centre in Luxembourg.
To get an idea of the magnitude of the event, here are some facts:
- $50 billion in annual premium will be represented.
- 700 delegates
- + 30 countries
- 1 out of 3 delegates are Captive Owners
- 100 speakers
- + 25 sessions
One of the central themes of the event is Employee Benefits. Aspects such as digitalization, a key issue when it comes to achieving automation, will be addressed, as the former is an inexcusable condition that must exist to achieve the latter. Digitalization guarantees self-management by the employee.
The insurance sector has not escaped the escalation of rising costs, which is being directly passed on to corporate insurance premiums in both the insurance and reinsurance markets. When calculating risk, it is first necessary to determine how inflation affects the business. In inflationary times the captive can be a critical tool for controlling prices.
The pandemic was a challenge for everyone, including captive insurers who, among other difficulties, had to maintain Employee Benefits in difficult circumstances. Once the health emergency was over, it was necessary to adapt to a world that had changed, to what has come to be called the new normal.
Another phenomenon that is becoming increasingly important is cyber risk, and one of its main characteristics is that it is very difficult to measure. Against this backdrop, the most appropriate response can be given by the captive. Faced with the impossibility of finding a third party to ensure the threat posed by cyber risk, it is the company itself, with the captive, which provides a solution to the lack of coverage (self-insurance).
During the European Captive Forum key questions will be raised such as:
- Strategies in the face of an inflationary scenario.
- Impact of Covid on Employee Benefits management.
- Steps to be taken by captives to adapt to the new market circumstances.
- Use of technology in the management of Employee Benefits?
- Future trends in Employee Benefits.
- Impact of the war in Ukraine on captive business.
- Captives facing pandemics and other health emergencies.
- The sharp rise in mental health costs.
- The growing importance of telemedicine.
- Influence of telework on Employee Benefits.
- The gig economy phenomenon.
- Importance of data quality in Employee Benefits management.
- Employee Benefits and the cloud.
- The new trilogy of physical, mental, and social health.