This week we are discussing liability exposure management with Ramiz Mohamed who is Head of Casualty Exposure Management at Hiscox and chair of the new IFoA working party on liability exposure management.

We discuss:

• The differences between liability and property exposure management.

• What are the key challenges and techniques used within liability exposure management?

• Deep dives into social inflation and climate change litigation

This week Zoe Burdo, LCP’s expert on behavioural science, returns to the podcast and we look at how general insurers can improve their decision making.

We discuss:

• Differences between unconscious bias and behavioural bias

• What role NEDs have in helping firms to manage bias

• Practical tools for managing bias, including using self-assessment as a starting point for improving decision making

This week we are talking to Russ Bowdrey from Ortec Finance and Lara Palmer from LCP about climate change risk. Having Russ and Lara with us means we cover both how climate modelling works and what insurers should be doing on climate change risk now.

We discuss:

• Why it is important for insurers to be acting now on climate change

• How is climate change modelled and what insurers might be able to learn from it?

• Current regulation and practical next steps for insurers.

To kick off season 3 we are discussing cyber risk with Simon Cartagena. Simon is Deputy CRO for SCOR UK, soon to become CRO of Cincinnati Global Underwriting in London and on the actuarial profession’s cyber risk investigation working party.

We discuss:

• How the war in Ukraine impacted cyber risk in 2022 and what new cyber risks have emerged from the conflict.

• What more we should be doing to reflect cyber risk within capital models.

• The different techniques to model cyber risk currently and how they should change going forward.

In the final episode of Season 2, we look back on our key learnings from 2022 and what we are looking out for in 2023.

We discuss:

• Dealing with inflation – are we there yet?

• Better together - how we work and communicate with colleagues and where we can improve.

• ESG – will this come off the back-burner in 2023?

• Geo-political climate – what has 2022 taught us and what might be coming up.

This week we delve into the world of football analytics ahead of the 2022 World Cup. We are talking to Ashley Mould and Bart Huby who lead LCP’s football analytics practice about how they are using mathematical techniques to help clubs predict players’ future performance and unearth hidden talent.

We discuss:

• The maths behind TransferLab – a tool to help clubs and players when making transfer decisions.

• Examples of how clubs and players are using TransferLab and what is next for football analytics

• The 2022 football World Cup.

This week Charl and Jessica are talking to Junaid Seria, Head of Analytics and Governance at Scor P&C, about Hurricane Ian and the longer-term trends in catastrophes.

We discuss:

• What is the latest on Hurricane Ian?

• The rise in mid-size catastrophes and what impact this may have on the market.

• How climate change and inflation are affecting catastrophe claims.

This week we welcome Jinita Shah, host of LCP’s ‘Breaking the glass ceiling’ event, to discuss how we can support more women in reaching the board and the C-suite within the general insurance market.

We discuss:

• What are the biggest barriers women face in their career progression?

• Tips on how you can break your glass ceiling.

• Three key audience questions from the event.

This week we welcome back Ed Harrison to discuss the UK government’s plans for dismantling Solvency II.

We discuss:

• How repealing Solvency II rules might work in practice

• Key issues relating to Solvency II equivalence

• Impacts on insurers of the economic disruption triggered by the recent mini-budget

This week we talk to Lydia Savill, Counsel at Hogan Lovells, to get the inside track on litigation trends affecting the insurance industry.

We discuss:

• Litigation on climate change, wider ESG issues and greenwashing – the types of claims, who’s bringing them and who is exposed.

• The litigation funding industry and how this influences the risks for insurers.

• Pros and cons of different dispute resolution methods.