By Becky Butcher From Captive Insurance Times

Latin America is an “important market” for Cayman captives, according to JS de Jager, board member of the Insurance Managers Association of Cayman (IMAC).
Representatives of the Cayman captive insurance industry are set to attend the RIMS Risk Forum Latin America 2016, held in Bogota, Columbia, between 3 and 4 October to promote Cayman as a captive domicile.

De Jager said: “With various tax information exchange agreement with Latin American countries (Argentina, Brazil, Chile, Colombia, Mexico, to name a few), the strength of our legislative and regulatory infrastructure and the extensive experience and expertise of our local service providers, Cayman is able to offer Latin American companies a product that is well-tested and efficient.”

“We have a number of Latin American captives domiciled here in Cayman already and we are optimistic about the opportunities to spread the word to motivate more Latin American businesses to follow their example.”

For more on this story go to: http://captiveinsurancetimes.com/captiveinsurancenews/industryarticle.php?article_id=4852#.V-vi-hS0Kax

RIMS Risk Forum Latin America 2016

Agenda

Monday, October 3

See Tuesday >>
08:00 – 17:30 Registration

08:00 – 09:00 Continental Breakfast

09:00 – 09:15 Welcome Remarks

09:15 – 10:15
Navigating the 7 Cs of Risk Management

Learn how to best manage the issues that risk managers face in their daily work, with real-world examples from the region.

Luz Angela Fethers, Cargill

10:15 – 10:30
Coffee/Networking Break

10:30 – 11:30
From Zika to Malaria, Dengue and Chikungunya: Old Threats and Emerging Diseases

Duty of care for employees goes further than just having an infectious disease plan. It must be put into practice and updated regularly, and it needs to address the new risks and threats.

Daniel Slaim, International SOS

11:30 – 11:45

11:45 – 12:45

12:45-13:30

13:30-13:45 Coffee/Networking Break

Defining Limits of Coverage in Liability Insurance: The Risk Manager’s Role

Latin America is becoming more litigious. How can the region’s risk managers adapt to these new liabilities?

Marcelo Perales, ABARYS

Networking Luncheon

Dessert Networking Break

13:45 – 14:45 Second Risk management Benchmark LatAm RIMS/MRC: Results and Practical success Cases in the Region

Through real LatAm success cases, our experts will analyze the outcomes of the 2nd Risk Management Benchmark LatAm (produced by RIMS and Marsh Risk Consulting), to better understand how the implementation of effective risk management practices has helped organizations to be more competitive, resilient and sustainable. The goal: empower risk managers and firms in LatAm to take advantage of the benefits and value this strategic function can add to meet the overall company goals.

Antonia Duran, Marsh
Roberto Zegarra, Marsh
Edgar Tauta, Marsh
14:45 – 16:00
Captives: Their Increasing Usefulness for Latin American Companies

This session will both describe the function of captive and focus on how Latin American companies can make use of captives to efficiently manage their risk, reduce expenses, and create a competitive advantage.

Santiago Garcia, CAT
Sean Rider, Willis Towers Watson
Pablo Jugovic, RAM

16:00 – 16:15
Coffee/Tea Networking Break

16:15 – 17:15
Water Risk Management: A Comprehensive Approach

Risks to the global water supply have been highlighted by the UN as critical threats to human civilization. Learn how one of Colombia’s largest companies is reducing its impact and how all organizations can plan for a future of more limited resources.

Ana Maria Duque Correa, Cementos Argos SA

17:15 – 18:45
Cocktail Networking Reception

Tuesday, October 4

<< See Monday
08:00 – 16:00
Registration Desk Hours

08:00 – 08:45
Continental Breakfast

08:45 – 10:15
Realizing ERM’s Potential

A panel of ERM practitioners from some of South America’s largest energy and supply chain companies share their experiences on how to maximize this management tool.

Lina Mejia, Marsh
Catalina Ceballos, Compas
Jimena Arango Pilonieta, PromiGas

10:15 – 10:30
Coffee/Tea Networking Break

10:30 – 11:45
A Holistic Approach to Crisis and Risk Management: The Integration of Human Rights

Lean how human rights abuses have affected Latin American businesses and why these considerations should be part of risk mitigation strategies. Presenters will provide case studies and best practices.

Marissa Michel, PwC
Sloane Menkes, PwC

11:45 – 12:00 Coffee/Tea Networking Break

12:00 – 13:15
Crossing Borders and the Effects on Your D&O Insurance

A deep dive into the issues that affect D&O insurance when dealing with cross-border claims and international regulations.

Javier A Mercado, AIG
Angel Torres, AIG

13:15 – 13:45 Networking Luncheon

13:45 – 15:00 What Is Integrated Risk Management?

Learn about a best practice approach to managing political, social, integrity and security risk.

Daniel Linsker, Control Risks
Juan Felipe Munera, Willis

15:00 – 15:15
Closing Remarks