This session explores how mutual insurers can leverage the latest research and technology to foster resilient communities and promote sustainable claims practices. It examines themes such as how to effectively manage catastrophic events, implementing strategies for building back better, and leveraging the latest advancements in the industry. Insights are shared on how mutual insurers can utilise these tools to enhance their operations and contribute to the overall sustainability of communities they serve.
African Risk Capacity (ARC) has pioneered resilience in Africa through parametric insurance, in the face of increasing climate-related perils and the need for effective disaster response. Over the past decade, ARC has paid out USD 125 million in claims and provided over USD 1 billion in coverage, emphasising the importance of preparedness and response…
Session speakers:
- Edward Shen, Head of Casualty Product Underwriting, Peak Re (Hong Kong)
- Malvern Chirume, Chief Underwriting Officer, ARC Limited (South Africa)
- Noel Raboy, President & CEO, CLIMBS (Philippines)
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