What are major corporate risks and how to best protect corporate assets such as staff, machinery, buildings or intellectual property?
While pursuing different paths, that’s a common interest of corporate security and commercial insurance experts. 200 of them gathered for the conference “Jointly protecting businesses” on June 8 hosted by the German Federal Ministry of the Interior and the Federation of German Industries (BDI) at the Allianz Forum at Pariser Platz in Berlin.
AGCS Board Member Hartmut Mai (pictured right) joined Dr. Hans-Georg Maaßen, President of the Bundesamt für Verfassungsschutz (BfV), the domestic intelligence service of the Federal Republic of Germany, Prof. Dieter Kempf, President of the BDI, Dr. Thomas de Maizière, Federal Interior Minister (from left to right).
AGCS Chief Underwriting Officer Mai highlighted that, according to the Allianz Risk Barometer 2017, cyber risks, business interruption and terrorism are seen as major risks for German businesses. “Insurers help protecting businesses by delivering risk research, risk mitigation and risk transfer through traditional insurance products and increasingly capital market solutions. “