Driving change in culture and fostering positive engagement.

Claims data has proven that two-thirds of breaches are the direct result of employee behavior. Furthermore, a large portion of the other incidents can ultimately be attribute to human capital gaps, such as talent shortages, skill deficits and employee engagement. Against this backdrop, we discuss Cyber Security & Privacy Risks with a lens on people, risk and culture. See a fresh perspective into what the data tells us and the specifics of the claims being seen. We also test the disconnect between employers’ view of cybersecurity readiness and employees’ behavior and engagement. A must see breakout session for delegates that want to learn about cyber risk root cause assessment and how to create a culture of cyber smart employees.

The future of Business Continuity Planning - BCM Exercice

How does a Risk Manager work with their colleagues to develop a risk culture? This presentation will go through what is culture, how you map culture in an organization so you can start to influence culture in your organisation. This includes a mix of hard factors such as processes and procedures and soft factors such as building alliances with likeminded functions and getting buy in from senior management. The presentation and discussion will give risk managers a “route map” about how to introduce risk management into the decision making and culture of their organisation.

The three lines of defense model has come under a lot of scrutiny of late. The model is the preferred approach of regulators. Executed well, a solid strategy built around the three lines of defense framework enables a firm to demonstrate to its regulator that risk accountability works. However operationalizing the model has been a continuous uphill battle for most organization. One of the many challenges is to draw a neat line to define each of the 3 lines’ roles and responsibility on the one site but ensure proper integration and coordination across all 3 lines on the other site. For some it may seem that the 3 lines of defense are a failure. But is this the case? Join us in this discussion of whether the 3 lines of defense are a success or failure. Hear from our Panel and share your very own experience in implementing and operating the 3 lines of defense.

In a highly interconnected world, organisations are right to be concerned about business interruption. While business interruption solutions offer some level of protection, they may not address all your needs and can leave your with protection gaps. In this session, we explore some of the challenges you may face and how you can better protect your business by:

• • Examining what you think you’re buying compared to what you are actually buying, and the level of protection gap traditional business interruption policies present.
• • Considering alterative solutions – Supply chain insurance and risk management.
• • Understanding how you can make your business more resilient against supply chain risks, loan wolf attacks etc.
• • Knowing the right questions to ask your broker.

By 2020, cross industries the world will be equipped with over 30 billion of connected devices. The amount of collected data through this ecosystem of sensors used for tracking, analysis, and action will change the way we are predicting risk. Through introducing its connected vehicle fleet platform, AXA will showcase how data can be used to improve risk and claims management.

Join us for an analysis of the latest regulatory risks and trends that all risk managers in Singapore should be aware of. The session will tackle the challenges that businesses face as these regulations are implemented and how YOU as risk managers can help in mitigating some of their concerns. Keep up to date with the regulatory landscape as Daphne Au, AIG’s Regional Head of APAC Regulatory & Government Affairs shares her observations on developments in this area within the Asia Pacific region.

Asia’s economic transformation in recent decades has been unprecedented in pace and scale. But the region’s economic success story masks major fault lines in its development model.
Its future economic growth, stability, and shared prosperity are all under threat from the impact of a swelling list of environmental and social problems. This is why sustainability has climbed to the top of political and business agendas and has become a key consideration for business resilience. Governments and companies today need to re-look their policies and business models – or risk being obsolete in an era to be sustainable is a competitive advantage.