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Lloyd’s and ASP Risk Forum – Emerging Risks: Impacts and Opportunities

Lloyd’s and ASP Risk Forum – Emerging Risks: Impacts and Opportunities

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Panelists

LtGen. Norm Seip, USAF (Ret.), ASP Board Member

Gov. Tom Ridge, Fmr Gov. PA, Secretary of Homeland Security

Daniel Wagner, CEO, Country Risk Solutions

Brad Kieserman, VP of Disaster Operations & Logistics, Red Cross

Moderator : Glenn Dorr, Northeast Regional Director, Lloyd’s

 

On February 17, the American Security Project, in partnership with Lloyd’s of London, JLT, and Risk Cooperative, hosted the Risk Forum: Pathways to City Resilience. The event brought together leading policymakers, business leaders, and regulators to discuss the potential uses and benefits of Lloyd’s City Risk Index, as well as share best practices and insights.

The second panel, Emerging Risks: Impacts and Opportunities, focused on the possible solutions to adapt to future threats. Retired USAF Lieutenant General Norm Seip gave the examples of how the Department of Defence was managing new types of risk, like cybersecurity and infrastructure that are overlooked but major liabilities. Daniel Wagner, the CEO of Country Risk Solutions, in a similar vein highlighted that countries and organization should act in similar ways to manage disruptions coming from a collision of natural and man-made risks. “We’re only just beginning to understand all of the potential risks and need to be prepared,” he said. Finally, Red Cross VP of Disaster Operations & Logistics Brad Kieser called attention to consistent ignorance of risks that cannot be ignored. Drawing on Wagner’s previous comments, Kieser cited the example of Hurricane Katrina, where the event was a natural disaster, but when the levees failed, it was a man-made risks that could have been prevented.

 

See the remarks made at the panel:

 

Check out our event pictures (All rights reserved):

 

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For more event recaps, click here:

Featured Speaker: Judge Alice Hill

Panel 1: Risk & Resiliency: Understanding the City Risk Index

Featured Speaker: Gov. Tom Ridge

Panel 3: The Way Forward: How to Build Resiliency