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AXA Gulf to host engineers risk forum.

AXA Gulf, one of the largest international insurers in the Middle East, has announced plans to host a forum which will highlight the awareness and need to enforce risk engineering practices in the region.

The first Insurance Risk Engineers Forum will be held in Dubai Business Bay on September 4 and will involve nearly 30 top-level officials representing leading insurance risk engineers in the region.

The forum will be organised under the umbrella of AXA Matrix Risk Consultants, an AXA Group entity for marketing and delivery of both bundled and unbundled risk consulting products and services worldwide.

The forum looks to educate the participants on the various risk management and prevention solutions.

It will involve an overview of fire engineering; fire testing, certification, implication and experience in design of fire safety. The forum will also focus on an insurance survey report of high rise buildings and analyze the various risk prevention strategies adopted.

Hermann Frankfurth of AXA Matrix Risk Consultants, said: "In a competitive environment, increasing emphasis is placed on the management of risks to a business and identifying these risks can be a complex process.

"Hence, we thought of conceptualizing a forum where top risk engineers from leading insurance companies and brokers debate the requirements and strategies to effectively mitigate the risks and help prevent them."

"The industry has to face larger and technologically more complex risks and we all need to understand and appreciate the impact of changes in technology and coverage. This forum is aimed at offering guidance in underwriting and claims handling to all market participants in order to assist them in handling this specialized business in a professional manner," he added. -- TradeArabia News Service

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Publication:TradeArabia (Manama, Bahrain)
Date:Aug 29, 2012
Words:299
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