In April 2018 the IUMI Executive Committee launched the first IUMI Asia Forum. This new regular conference is a further element of IUMI’s education strategy and will take place annually in different locations in Asia. The concept behind this differs from the main conference in September as it contains a large amount of local content from the varying markets in the Asia region. The General Insurance Association of Singapore (GIA) was the host of this year’s Asia Forum. The two-day conference, with over 200 participants from Singapore and abroad in attendance, touched many highly topical issues relevant for marine insurers. For the first time this IUMI conference addressed not only insurers, but also business partners including brokers, clients and service providers. This further enabled attendees to have an in-depth dialogue on relevant market issues.
During the two day event many speakers provided an update on topics related to statistics and market developments, new technologies such as blockchain, unmanned shipping or smart logistics, highlighting their importance to marine insurance, as well as discussing specific challenges to the Asian market such as the development of the port infrastructure.
In a key note presentation, IUMI president Dieter Berg gave an update on matters relevant to IUMI and IUMI’s strategy for the future. The conference took place during Singapore’s annual maritime week and was supported by the Maritime Port Authority of Singapore (MPA).
IUMI is very grateful and thanks GIA of Singapore for organising this event so exceptionally well. IUMI is already looking forward to the second edition of the IUMI Asia Forum next year in another Asian country. Please pencil into your diary.