At this year’s Airmic (Association of Insurance and Risk Managers in Industry and Commerce) Conference in Birmingham, 16 – 18 June, Mactavish will be holding a seminar on the financial materiality of insurance. The seminar will look at how the protection afforded by a reliable insurance contract is often deeply misunderstood, resulting in much less internal attention than is deserved from both Boards and key operational staff.

It will highlight the importance of reliable insurance protection, and emphasise the need for an increased focus on policy reliability using Mactavish’s unique approach identifying insurance-critical financial ratios – to analyse the financial consequences of a delayed / disputed claim as well as the cost and efficiency of insurance weighed against alternative methods of financing loss. This work seeks to raise the profile of insurance internally and emphasise the need for increased focus on policy reliability.

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