The Spring Worldwide Programme at Lloyd's this year focused mainly on NatCat and City Resilience. The GDC hosted 17 insurance professionals from around the world to participate in our programme of interactive sessions and networking activities which enabled them to gain a detailed understanding of how the Lloyd's market operates and to explore the diverse classes of business in which the market specialises.

The impact of recent natural catastrophes has once again brought into sharp focus the interconnected nature of risk and the challenges such events present for communities around the world. At these times specialist (re)insurance is crucial in making sure people and businesses get back on their feet as soon as possible as well as providing both immediate and long-term response support.

Traditional sectors, such as agriculture, are experiencing new threats with changing and more unpredictable weather patterns, but the use of data, analytics and creative thinking is providing new and unique risk transfer options that will help farmers ensure they can continue to feed the world’s growing population. The trend is for that growing population to live in cities, many in natural catastrophe prone regions of the world. The resulting concentration of economic activity and assets makes it more important than ever that there are solutions available to protect communities and businesses from often unpredictable and devastating events, minimising the economic impact.

This programme explored how specialist (re)insurance is providing risk transfer solutions for major multinationals, small to medium-sized enterprises and communities that improve their resilience in challenging times.

A highlight of the programme was the market experience session where delegates spent time with an underwriter at the Box in the Underwriting Room observing the face to face negotiation and placing of risks.

A variety of networking opportunities, gave attendees the chance to make new connections as well as develop relationships with fellow delegates from around the globe.

You can view the 2018 Spring Worldwide programme here.