Sp Ep: A Masterclass in Exposure Management, with Emma Watkins, Rupert Atkin and Dickie Whitaker

In today’s Episode we are getting to grips with all the key
questions surrounding the hugely important issue of exposure
management and modelling in our sector.


Models are a core part of our business, but as we have come to
rely more and more heavily on their output, many fundamental
questions arise.


For instance, how much of a worry should it be that the market is
dominated by two very large players?


Or do enough C-suite executives really understand how models work
or know the right questions to ask of their exposure management
teams?


And are we any closer to finding efficient cross-industry ways of
making sure that the exposure data upon which our modelling is
based is accurate and easily transferable in digital form?


To assist me in this task are three people with vast experience
in attacking these questions from all angles.


Emma Watkins is Head of Exposure Management & Aggregation at
Lloyd's and as such has oversight of one of the largest combined
books of business anywhere in the world.


Rupert Atkin is an underwriting veteran who has had a long and
illustrious career. The Former CEO of Lloyd’s Underwriter Talbot
is also a former Deputy Chair of Lloyd’s and Chair of the Lloyd’s
Market Association.


Rupert currently serves on multiple boards, including as Chairman
of Lloyd’s businesses Ark Managing Agency and Carbon Underwriting
as well as a Director at brokers AmWins Group and Alwen Hough
Johnson.


Finally Dickie Whitaker is the founder and CEO of the
not-for-profit open source modelling platform, the Oasis Loss
Modelling Framework.


Dickie can trace his long career back to the foundation of cat
modelling firm Eqecat and also spent over a decade in senior
roles at reinsurance broker Guy Carpenter. Most recently he
founded the open peer-reviewed Journal of Catastrophe Risk and
Resilience.


It’s clear our panel is well qualified for the job, but what I
enjoyed most about this gathering was the ease and good humour
with which my guests took on the subjects in hand.


This could have been a dry and academic affair, but it was
absolutely nothing like that. The conversation is lively and
positively buzzes with energy.


NOTES: Oasis LMF has produced a fascinating report Navigating the
Storm that makes a great accompaniment to this podcast.


Download it Here