Page 16 - 2018 TMPAA Mid-Year Meeting Program Book

WORKSHOPS

Tuesday, May 8

The Challenge of Climate Change and CAT The Ransomware of Things
Events for the Insurance Industry 4:00 pm – Holiday 4
10:30 am – Holiday 4 Emy R. Donavan –

Andrew Siffert – BMS Allianz Global Corporate & Specialty
Jack Hickey – BMS Imagine yourself being locked out of your hotel room or
Rom Braga – BMS stranded in your car on a highway or having your TV display

There is little debate that the recent trend of weather a ransom demand instead of your favorite show. Those
events indicates that our global climate is changing, and scenarios are not fiction anymore. Internet of Things and
no industry will experience greater impact by the long-term Ransomware, two concepts which only 10 years ago were
consequences posed by this phenomenon than insurance. It virtually unknown to the public, are now in rapid development
is also true that the insurance industry could play a key role and on converging paths. Learn more about the cyber
in managing climate risk and encourage implementation of vulnerabilities for your business and how this will impact the
disaster resilient strategies. coverage you provide as part of your program offerings.
Come listen to BMS Senior Meteorologist, Andrew Siffert,
describe the current and future impact of climate change on
the insurance industry and a panel of his BMS colleagues
discuss how the (re)insurance market is reacting to the CAT
events in 2017- i.e. market shifts, market impact, and capital
market reaction.

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