John Tiner, chief executive of the Financial Services Authority (FSA) has one of the most important roles in the country in relation to the work of most AIRMIC members, but it is not immediately clear

Tiner himself, according to the FSA, is a supporter of Leeds United and Bath Rugby.

AIRMIC has revamped its annual conference programme with the move to Bournemouth on 13 and 14 June, explains programme committee chairman Nicholas Bailey. It is more concentrated than previous events, and the training sessions, which AIRMIC members have indicated they greatly appreciate, have been incorporated into the programme.

The aim, Nicholas Bailey says, is to encourage as many members as possible to attend and to allow them plenty of time to meet contacts and visit the exhibition. A change in AIRMIC's membership structure, which goes into effect in May, has included attendance at the conference as part of the annual subscription.

For the first time, Cranfield School of Management is conducting the training courses, which take place on the opening morning of the conference. There will be three in-depth training sessions for AIRMIC members only:

- The fundamentals of financial statements
- How new accounting standards are changing the corporate risk map
- Project and programme risk management

Tiner is the sole keynote speaker, and there will be considerable interest in his remarks, in particular on transparency of broker remuneration and the project to improve production of insurance documentation, known as contract certainty. Although the FSA has told the industry that it is responsible for finding solutions to these issues, the FSA is undertaking a survey on the way brokers manage conflicts of interest, and it has put a deadline of the end of this year for the working party on contract certainty to produce its recommendations. Former AIRMIC chairman Andrew Cornish is a member of that working party.

There will be three conference lectures on the subjects of directors' and officers' insurance, holistic management and risk finance, and stress. Among the speakers are the woman who famously helped BP decide that it should cut its insurance programme to a minimum, Judith Hanratty, and Prof Sayeed Khan, chief medical officer to the Engineering Employers' Federation. Khan has a particular interest in sickness absence management, proactive rehabilitation and stress, topics which relate closely to AIRMIC's campaign to promote the use of rehabilitation for sick and injured workers.


Nearly two dozen workshops, often conducted jointly by an AIRMIC member and a service provider, are representative of the profile of the membership and its range of interests. Among them are:

- computer network and telecommunications risk in the power and energy sector
- captives
- claims costs
- cross organisation risk aggregation
- fraud
- retail risk management in continental Europe
- injury and absence management
- solvent schemes or arrangement
- food industry risks
- risk modelling and quantification.

Panel discussion

Lloyd's continuing interest in courting large corporate buyers of insurance comes through in a panel discussion which will take place on the second afternoon of the conference. Chaired by Shirley Beglinger, the panel includes Andrew Kendrick, the chairman of the Lloyd's Market Association and chairman and CEO of ACE European Group and three leading brokers from the market. Beglinger, who now works in business development for Aon, is the author of the AIRMIC-sponsored study, The Perversity of Insurance Accounting: In Defence of Finite Reinsurance.

The conference concludes with the dinner and Shane Warne's speech, an appropriate conclusion for an event with the theme of trust and teamwork.

First demonstration

Conference visitors will be among the first to get a demonstration of the complete English language version of PRORIM, the risk management training programme for small and medium sized businesses developed by the Federation of European Risk Management Associations (FERMA) in collaboration with AIRMIC and other member associations in France, Germany and Italy. PRORIM will be launched at the FERMA seminar on 11 October in Brussels.