Pool Re and terrorism cover – A dynamic risk

Overview

Steve will cover why the Pool Re scheme still exists and how it is changing to meet the modern threat.

He will explain how to go about underwriting a risk that can’t be approached in a conventional manner and how this differs from other low probability, high severity events.

The event will also cover how terrorism might further develop in the future as a distinct class of business.

Learning objectives

At the end of this event, the delegate will be able to identify:

• why Pool Re exists

• the current threat

• how terrorism differs from other catastrophe perils

• how we underwrite terrorism

• how terrorism might develop as a class in the future.

Speaker biography

Steve Coates is Chief Underwriting Officer for Pool Re and has been in post since 2012. He is responsible for all aspects of underwriting, claims, modelling, exposure management and external retrocession.

Prior to this he was Head of UK Property & Casualty at Allianz where he spent 11 years including one in Australia. Before this he worked at Independent Insurance where he ended up as UK Property Underwriting manager. He started his career at Eagle Star. Steve is ACII qualified and an expert witness in insurance matters.

The Nottingham Insurance Institute charges for non-attendance at all CPD events. If you do find that you are unable to attend, we ask that you give us at least 4 working days notice that you are no longer able to attend.

Please note, if you fail to let us know before this deadline, we will need to charge a £30.00 (inc. VAT) non-attendance fee to cover the cost of catering, booking arrangements and denial of your place to other members.

All cancellations must be received by email and you will receive confirmation of your cancellation. You may also nominate a replacement if you are unable to attend. By proceeding with the registration you agree to these terms and conditions.