IUMI Asia Forum, Mumbai, India 1-2 June 2022

By Sibesh Sen, EVP Marine Underwriting & Broking Relations, HDFC ERGO General Insurance Company Ltd. and member of the IUMI Cargo Committee

While the origin of the word Mumbai may be shrouded in multiple theories ranging from the name of the local deity Mumbadevi to the Portuguese calling the conglomerate of seven islands as Bom Bahia or Good Harbour, one thing that is never questioned is the numero-uno position held by the city in the economic and maritime map of India. So what better place could we have chosen to host the IUMI Asia Forum other than Mumbai?

It is the heart of the country’s financial markets as well the epicenter of the Indian insurance market with a majority of insurance companies and broking fraternity having their headquarters here. This beautiful city has much to offer to visitors from historical sites to mouthwatering eateries, from cultural hubs to scenic waterfronts. This is also the City of Dreams where success stories of human endeavour as well as dreams in celluloid or digital get created every day. 

After two difficult years of pandemic, we will be welcoming participants in person to fill up the Hotel Trident at Nariman Point, Mumbai, on June 1 and 2 where we will have some of the finest international and local speakers discussing Marine Insurance - Today and Tomorrow. Some of the key topics and panel discussions will include the Impact of the Ukraine War, Supply Chain Vulnerability, Cyber Risks, Sustainability and ESG and Developing the Next Gen Marine Insurers. 

While the IUMI delegation will be led by its President, Richard Turner, Secretary General, Lars Lange and Executive Committee Vice Chair Jan-Hugo Marthinsen, we shall have important dignitaries gracing the conference including the Director General of Shipping in India and the Chairman of the Indian Regulatory and Development Authority of India. Key international speakers include Mike Roderick of Clyde & Co, Howard Potter of Astaara Insurance, Frédéric Dénèfle, of GAREX.

Due to travel restrictions in many Asian countries, the majority of participants attending in person will be from the Indian market. There is a huge amount of enthusiasm here as India is hosting its first IUMI Meet and the response from sponsors is very reassuring. The organizing committee under the leadership of Sanjiv Singh is working overtime to ensure a smooth and memorable conference for all and hoping that in the near future the Annual IUMI Conference might come to this wonderful country called India. For more information visit the IUMI Asia Forum website.