AIRMIC is the Association of Insurance and Risk Managers in Industry and Commerce. Their annual Conference is one of the highlights of the UK insurance calendar and AIRMIC 2014 was no exception. The Conference is always a great opportunity to meet with industry contacts. Between workshops and seminars, the stands are buzzing with people, all catching up on the latest news.
So, what was everyone talking about this year? The one theme that came up time and time again was that of change. There are general industry changes, for example the current consultation on Insurance Contracts Law. There are emerging risks which often result in complex claims, for example supply chain risks. There are changes in claims handling, as those South of the Border grapple with extensions to the MOJ Portal and new cost regimes. As with any changing environment, it is useful to have an opportunity to share experiences of how people are managing these changes. Practising in Scotland, where we are facing both court reforms and the implementation of new costs proposals in the near future, it is particularly useful to have an opportunity to share experiences with English colleagues who have already faced similar challenges.
As always, the AIRMIC Conference is a great opportunity to find out how different branches of the industry are dealing with these changes, what concerns they have and what opportunities they see for the future. It is also entertaining to see what our colleagues and competitors are doing to market their particular insurance related products. At what other conference might you be interrupted by a Dalek? Or be diverted by a queue of people waiting to meet an England international rugby star? AIRMIC 2014 was a great place to wander, to get lost in and most importantly, to share information with contacts old and new.