ALARYS conference selects organised crime expert as keynote

ALARYS 2016, a biennial conference for risk managers from countries throughout Latin America, has chosen an organised crime expert as its keynote speaker.

lman Myers, a former US Air Force special agent who is now a managing director at Hiscox, will speak at the conference, which takes place on September 25-27 in Bermuda.

Based in Miami, Myers currently serves as managing director at Hiscox Special Risks Agency (Americas).

The Bermuda Business Development Authority (BDA) said that his topic will be ‘Organised Crime—a New Risk-Management Challenge in Latin America’.

“It is an honour to come to Bermuda, one of the world’s great insurance centres, to share ideas on how business looking to capitalise on opportunities in Latin America can confront the security and risk-management challenges posed by organised crime,” said Myers.

Organised crime, such as multinational criminal enterprises that engage in narcotrafficking, kidnapping, extortion, human trafficking, illegal mining, and money laundering, are emerging as the next major regional security challenge, according to Myers.

“How will this new criminal reality affect businesses looking to take advantage of opportunities in Latin America?” he said. “We will take an overview of the security threats in the regions, show how they affect business interests, and explore ways to effectively manage the risk.”

Jorge Luzzi, president of the Fundación Latinoamericana de Administradores de Riesgos y Seguros ALARYS (FUNDALARYS), said: “This is a highly relevant and timely subject that will be of major interest to our delegates.

“We are honoured to have Elman address this topic for our audience and we look forward to welcoming him and all our attendees to Bermuda in two weeks’ time.”

The theme of the 2016 congress is “Emerging and Non-Traditional Risk,” with key sessions highlighting insurance-linked securities and other alternative risk-transfer products, as well as strategies for mitigating cyber, political, terrorism, kidnap and catastrophe risk.

This is the third time FUNDALARYS has chosen Bermuda as host country for the trilingual conference.

The Latin American Congress on Risk Management and Insurance was held previously in 2004 and 2010 in Bermuda—the only non-Latin venue in its 20-year history.