Loss Prevention Committee
Marine underwriters increasingly have to demonstrate their value to customers, management and shareholders and their risk management capability is critical. In some markets loss prevention is a well-developed mindset, whilst in others it is still developing. The effective use of data analytics, improved risk assessment, pricing and application of loss learnings to reduce or avoid loss are vital, but the likely behaviour of the assured needs to be first and foremost on underwriters’ minds.
The Loss Prevention Committee strives to promote this message to IUMI’s members, identifying new solutions, thinking and techniques. Its role is to challenge areas where old and trusted responses are met with a lack of impact. The Committee’s objectives include raising awareness, informing debate, creating solutions and supporting IUMI and other industry stakeholders to make a real and positive impact.
Various topics
Firefighting onboard containerships
Conference presentations
California Insurance Co Ltd
Rm 1607, China Insurance Group Building
141 Des Voeux Road
Central
Hong Kong
PICC Property & Casualty Co. Ltd
33/F, PICC Tower
No. 2 Jianguomen Wai Avenue
Beijing
China
New India Assurance Company
87, Mahatma Gandi Road
Fort
Mumbai- 400 001
India