Marsh aviation summit: Agenda | Marsh

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This event will provide a unique opportunity for invited guests to gain insights, share experiences, and explore cutting-edge risk management tools and methods.

Resilience will be at the heart of our discussions, enabling you to make crucial business decisions with confidence.

Tim Peake

Conference begins: 9:30am (AM sessions)

Timing	Topic	Details	Speaker(s)
9:30-9:50	Redefining possibility	Welcome and introduction to the event from Marsh Specialty’s Head of Aviation & Space, Garrett Hanrahan.	Garrett Hanrahan, Marsh Specialty’s Head of Aviation & Space
9:50-10:35	Climate and Sustainability Q&A	During the discussion Amy and Steven will consider the impact of various sustainability issues on the industry, as well as how Boeing are considering, and planning and incorporating climate change into their business model.	Steven Gillard, Boeing’s Regional Director of UK, Middle East and International Defence Sustainability Amy Barnes, Marsh's Head of Climate & Sustainability Strategy
10:35-11:05	Reinsurance: Its relevance, influence, and challenges	Insurance is about protection, primarily through the sharing of risk. Reinsurance is an extension of this, but often with a greater focus on the largest risks (and claims). In this session we will discuss the value of reinsurance and why it is an important source of risk capital to the aviation industry. We will consider how a large claim moves through the various risk carriers, from policyholder to insurer, reinsurer and then retrocession markets. We will conclude with the key topics challenging the market and a look to the future.	Andy Poulton, Global Aviation and Aerospace Specialty, Guy Carpenter Ian Wrigglesworth, Practice Leader, Global Aviation and Aerospace Specialty, Guy Carpenter
11:05-11:35	Mid-morning break
11:35-12:30	Insurers panel	The changing risk landscape: can the insurance market meet the challenges of the future?

Conference resumes: 13:30pm (PM sessions)

Timing	Topic	Details	Speaker(s)
13:30-14:30	Considering tomorrow’s workforce, today	As global priorities shift and new technologies become available across the aviation industry, organizations need to consider potential human capital challenges, and actions to address and minimize risk both in the short- and long-term.	Moderator: Capt. Andy James, Aviation Operational Advisory Leader UK, Marsh Panellists including: Kari Tate, Managing Director - People Department, SkyWest Airlines Paul Habgood, Workforce Transformation Subject Matter Leader, Mercer
14:30-15:00	Mental health awareness	Global mental health consulting leaders discuss mental health across the aviation industry.	Dr Wolfgang Seidl, Global Mental Health Consulting Leader, Mercer
15:00-15:30	Afternoon break
15:30-16:00	Pushing towards autonomous aircraft	Electric vertical take-off and landing (eVTOL) aircraft
16:00-16:45	The role of lessors and financing; understanding today’s trends and tomorrow’s value	Leslie Kurshan will host a fireside chat on the state of leasing and its roll within the industry, today and into the future	Leslie Kurshan, Global AFIC Credit Specialties and Product Development Leader, Marsh
16:45-17:00	Wrap up of day 1		Garrett Hanrahan, Marsh Specialty’s Head of Aviation & Space

Risk workshops: 10:00am-11:00am

Title	About	Speaker(s)
Developing mindsets for resilience and effective operational risk management.	How can your business embed a mindset that promotes risk awareness and resilience? How can you develop a workforce equipped to handle the turbulence of day-to-day operations to avoid surprises? This interactive session will consider the development of mindsets that resist gradual departures from ‘work as imagined’ - often discovered as ‘work as done’ (latent risk) after a safety-related event. We will discuss how your business can develop and actively support ‘small actions at scale’, enabling teams to deliver operations while preserving the risk assumptions made via a management system, by controlling their real-time risk picture. We will also consider how regulations, management systems, culture, competence, and resilience, intersect and can drive safety performance.	Chris Drew, Director Aviation, Aerospace & Defense, Oliver Wyman CAVOK Dirk Scott, Aviation Operational Advisory Expert, Marsh
Global aviation risk and ESG trends to inform your planning.	Marsh specialists have analysed the annual reports for 40 large, listed, aviation organizations - across aerospace and defence, airlines and airports, - over the July 2022 to July 2023 reporting period, considering over 800 risks from companies headquartered in 18 countries. During this workshop, we will provide an overview of the analysis, and share insights in relation to corporate governance, risk analysis, controls, and ESG approaches.	David Stark, UK Specialty Advisory Leader & Global ERM Steward, Marsh Advisory Anna Maria Xenaki, Senior Consultant, Strategic Risk Consulting, Marsh Advisory
Cyber incident management simulation.	Your business has fallen victim to a cyber attack – what would you do? If your IT systems were encrypted, would you agree to pay a ransom demand if it meant your paralysed business could get back up and running? Which experts would you contact to assist you? In this interactive session, our team will portray the roles of several stakeholders during a theoretical cyber attack. Together we will consider the actions to take – and avoid – in a real-life scenario. You will have the opportunity to vote on what decisions the team should make while exploring the pros and cons with insight from our experts.	Gareth Bateman, UK Cyber Growth Leader, Marsh Alex Harrison, Cyber Broker, Marsh Falon Wilson, Cyber Broker, Marsh Artyom Shukov, Cyber Broker, Marsh Holly Waszak, Senior Cyber Incident Management Specialist, Marsh Alasdair Paterson, Cyber Incident Management Specialist, Marsh
Navigating macroeconomic risks and fuelling working capital to build business resilience.	Rising fuel and hedging costs, geopolitical and war risks, airline non-repossession, and airline and/or travel agent failures over recent years have led many companies operating in the aviation sector to experience diminished revenues, difficulties in collecting payments, and increasing levels of bad debt. Some companies also face growing competition for a shrinking pool of liquidity from banks and other finance providers. These factors can result in severe working capital shortfalls and a need to maximize liquidity or raise financing to maintain a profitable business. In this session, our experts will outline how you can secure access to vital working capital and develop your objectives through asset protection, risk financing, and more.	Rob Cooper, Growth Leader, Credit Specialties UK, Marsh

Risk workshops: 11:30am-12:30pm

Title	About	Speaker(s)
Why analytics and modeling matter, including perspectives from a former Aviation Risk Manager.	How can risk analytics and modeling techniques enhance your insurance program creating a valuable, strategic asset? This workshop, hosted by Marsh’s analytics and modeling experts, with insights from a former aviation risk manager, will demonstrate how you can: Better understand your risk exposures and potential loss volatility using risk analytics and modeling techniques. Develop optimized risk transfer and insurance programs - using risk analytics to determine risk drivers, quantify your ‘Economic Cost of Risk’, and assess the cost/benefit of differing structures. Build strategic insurer engagement plans, based on your insurable risk appetite and analytically-driven risk financing strategy.	Jason Mitchell, Vice President, Actuary, Risk Finance and Analytics Solutions – UK, Marsh Advisory Brad Saunders, Analytics Development Leader – UK, Marsh Advisory Joseph Tunstall, Vice President – UK/Ireland, Marsh
How will the energy transition impact the aviation industry?	Will the aviation industry achieve net zero by 2050? What are the implications for organizations operating across the industry? This session will provide an understanding of potential decarbonization levers, and the risks and/or opportunities associated with each. From airlines to aerospace manufacturers, Marsh’s sustainability and energy transition experts will consider implications of the energy transition for different stakeholders within the industry and examine the inter-dependencies between segments.	Charles Sincock, Advisory ESG Strategic Lead, Marsh Ed Woolcock, Senior Managing Consultant, Marsh William Healy, Senior Managing Consultant, Marsh
Building the airport of the future: considering the construction risks.	Airport construction continues to grow as a response to increased globalization and travel, air traffic growth, the need for modernization, government investments, security upgrades, and tourism industry growth. In this workshop our construction specialists will discuss the key risks associated with construction projects for new, expanded or redeveloped airport infrastructure. The session will consider major concerns of construction insurers and provide insight into some major claims which have occurred during airport construction projects. Attendees will have a better understanding of key construction risks, construction insurance considerations and potential challenges. The session will also consider construction risk allocation and project financing considerations.	Adam Davey, Head of International Infrastructure, Construction, Marsh
Leveraging Samsara's IOT data to support effective motor fleet, asset and risk management.	Samsara will cover how leveraging technology can support with: Prevention: Granular insights into fleet risk. Preventative alerts minimise potential issues, enhancing safety and reducing claims frequency and severity. Resolution: Streamlined claims processing with instant FNOL/ENOL reporting and data-driven analysis. Risk insight: Data-driven insights, scoring mechanisms, and seamless MI reporting integration, allowing for better business decisions.	Jack Burton, EMEA Manager, Insurance Partnerships, Samsara

Conference resumes: 13:30pm (PM sessions)

Timing	Topic	Details	Speaker(s)
13:30-14:15	Changing risks through an airline lens	Some of the industry’s leading risk and safety officers discuss the changing risk landscape facing airlines.	Capt. Andy James, Aviation Operational Advisory Leader UK, Marsh Jim Pegram, Director Safety, Security and Compliance, easyJet
14:15-14:45	The evolution of airports and future travel trends		Tom Stalnaker, Global Practice Head, Transportation and Services, Oliver Wyman
14:45-15:15	Afternoon break
15:15-16:15	Navigating cross-strait dynamics: Considering the impact of geopolitical instability	Geopolitical tensions continue in many regions creating increased uncertainty for businesses, particularly in industries operating across multiple territories. In this session, our panellists will consider the current dynamics between the Peoples Republic of China and Taiwan from a political and economic perspective as well as the potential impact of sanctions.	Panellists including: Dr. Philip Shetler-Jones, RUSI; Charlie Vest, Rhodium Group
16:15-16:45	Beyond investigation: Learning for safety and operational excellence	By understanding that safety is not only the absence of accidents or incidents but instead a positive presence of capacities and capabilities. For organizations in safety-critical industries it is important to adopt a more nuanced, proactive, and holistic approach to safety and operations. In this session, Pete will consider the influence of enhanced safety performance, operational excellence, employee engagement and morale, innovation and adaptability, and reputation and trust.	Pete McCarthy, FRAeS, Head of Group Human Factors, Cathay Pacific Airways
16:45-17:00	Wrap up of event		Garrett Hanrahan, Marsh Specialty’s Head of Aviation & Space

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