50th IMIA Conference · 2019. 10. 28. · 50th IMIA Conference a review of half a century promoting...
Transcript of 50th IMIA Conference · 2019. 10. 28. · 50th IMIA Conference a review of half a century promoting...
50th IMIA Conferencea review of half a centurypromoting best practice
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The Founding of IMIA
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October 196819 Managers from 11 countries attended the first meeting
Dr. Heinz Braun, the first Chairman of IMIA, on the left
The founding Members of IMIA
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Dr. BRAUN Germany BULLOCK Great Britain
Dr. GERATHEWOHL Germany ELLIS Great Britain
Dr. MIEZNER Austria HOPKINS Great Britain
KRAUS Austria SMITHSON Great Britain
LIBOTTE Belgium ARVEMAN Sweden
VIELLE France ZAUGG Switzerland
KLAU Italy Dr. ELSENER Switzerland
KLAUSEN Norway KLEMENTIEV USSR
LARSEN Norway HARADA Japan
MOBRÅTEN Norway
1968
Industrial trends at the time of founding IMIA
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Repeated steam turbo generator
losses
Frequent boiler explosions
Industrial growth in the 1960ies
IMIA - International Machinery Insurance Association
• English: "International Machinery Insurance Association"
• German: "Internationale Vereinigung der Maschinenversicherer"
• French: "Association Internationale d'Assurance Technique"5
Topics of the 1st IMIA-Meeting
• Premium volume reported by the national associations in 1967: US$ 179 million
• Suggestion to provide market details in National Reports
• Mutual information on local insurance conditions• Clarification of definitions, e.g. Explosion in
Machinery and Fire policies• Inconsistent use of Deductibles
Focus on extent of cover
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Venues of other conference meetings
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1974 – Boston, USA
Venue of the 10th anniversary
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1978 – Munich, Germany
1983 – Draft of a first IMIA Brochure
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Venues of other conference meetings
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1984 – San Francisco, USA
Venues of other conference meetings
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1987 – Rome, Italy
1984 1985 1986 1985 1986
Premium
Change%
S-Fluc-tuatio
n 83/84
Claims Premium
Change%
S-Fluc-tuatio
n 83/84
Claims Premium
Change%
S-Fluc-tuation 83/84
Claims Loss ratio in %
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15AustriaBelgiumDenmarkFranceFed Rep. of Germany Great BritainItalyJapanNetherlandsNorwaySwedenSwitzerlandUSAUSSR
40.0421.604.82
117.10538.09608.1165.57
120.8130.4021.8036.7067.69
695.306.11
-10.5- 7.9-33.3+ 3.2- 5.6- 3.6+ 1.5- 0.1- 2.9- 5.9- 0.9- 5.8+ 4.7+ 1.3
+17.3+14.2+12.4+ 9.5+11.0+13.6+14.5- 0.8+10.9+ 9.3+ 7.5+10.9
0+10.8
32.4112.555.01
68.50392.5366.247.3434.4820.4616.5526.7344.05471.30.65
40.7721.607.21
120.60518.19646.0567.81
124.1729.8522.4138.3071.61
776.206.09
+ 1.80
+49.6+ 3.0- 3.7+ 6.2+ 3.4+ 2.8- 1.8+ 2.8+ 4.4+ 5.8+11.6- 0.3
+ 1.30
+ 6.0+ 9.1+ 7.5+ 2.7+12.3+ 4.2+ 8.3+ 9.0
6.7+ 8.1
0+ 4.9
31.9612.555.84
79.94386.83394.7441.2451.4014.8918.6224.6444.67
412.871.62
62.6323.6516.15
171.18761.70835.3892.89
201.7057.9433.2452.55
109.85986.09
8.19
+ 53.60
+124.0+ 41.9+ 47.0+ 29.3+ 37.0+ 62.4+ 94.1+ 48.3+ 37.2+ 53.4+ 27.0
+ 34.5
-28.1-26.3-25.3-24.5-28.1-14.5-22.5-34.5-27.0-14.218.9
-29.90
-17.7
54.9817.198.87
97.00558.95546.1569.1072.1249.2321.3031.6265.26
438.951.00
78.4-80.966.374.761.160.841.449.983.164.362.453.226.7
87.872.754.956.773.465.474.435.869.464.160.259.444.512.2
2,374. - 1.4 - 2,490 + 4.9 - 3,413 + 37.0 - 61.1 59.3
Venues of other conference meetings
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1989 – Copenhagen, DenmarkGroup photo of the 35 Delegates from 16 countries
1991 - IMIA Secretariat under great change!
Allianz in Munich hosted and managed the IMIA secretariat from 1968 until 1991.
1991: transfer of the office to Great Britain, the IMIA secretariat to be managed by National Vulcan in Manchester.
Archie Watt became the new General Secretary of IMIA
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1992 – 25th Conference Anniversaryin Munich at the Four Seasons Hotel
M. ILLNER President C. FRASER-ANDREWS Great BritainW. ZINDEL Chairman H. JENKINS Great BritainDr. D.GAVERBI Vice Chairman M. COLAUTTI ItalyDr. I ZOLLER Secretary General E. RICCIO ItalyA. WATT Secretary H. GOTO JapanK. D. SINFIELD Treasurer Y. HORIE JapanA. TURCZYN Austria F. KAWATE JapanP. MORITZ Austria G. WICHERS NetherlandsM. HERMANS Belgium B. KROKEIDE NorwayO. VANDEVELDE Belgium B. LAMARK NorwayH. FOGED Denmark N. NIKOLOGORSKI RussiaH. REYMANN-CARLSEN Denmark R. M. SHURAVIN RussiaV. K. TAVAKKA Finland A.MARTIN MARTIN SpainM. BARDON France A. LINDBERG SwedenH. DE RAEMY France L. ENGSTEDT SwedenF. KETHERS Germany H. POIT SwitzerlandDr. G. LICHTENWALD Germany A. BÜNZLI SwitzerlandDr. W. SCHIMMING Germany R. KELLENBERGER SwitzerlandH-B. SCHITTEK Germany G. KREH USAK. CONRAD Germany W. THORNHILL USA
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1993 - Madrid, Spain
IMIA WG Papers presented:• Status of Industrial All Risks covers including
Engineering• Advance Loss of Profits Insurance• Waste incineration - Underwriting and Technical
Aspects• Development of Industrial Gas Turbines
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1995 – Helsinki, Finland
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The Executive CommitteeDr. Zoller, A. Watt, H.-B. Schittek, V. Tawakka, H. de Raemy, K. Sinfield
Analysis of Aging Plant and Equipment
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Years 1997 to 2000• 1997:
BOT (Build, Operate and Transfer) projects and the new „Lenders Clauses“, IMIA Brochure. Conference in South Africa.
• 1998: conference @ Interlaken, Switzerland1st IMIA Website, 1st News Report, 30th anniversary,
• 1999: Versailles conferenceno printed copies any more, the Millennium Change,Chairman Anders Lindbergh
• 2000: Munich conferenceSecretariat transferred to the homeof the Secretary Archie Watt, Gross premium at 4.5 billion US$
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Years 2001 to 2003
• 2001 Sydney, Australia – Exposure to Cyber risks
• 2002 Rüschlikon, Switzerland– Tunnels, underground works,
gas turbines and entrepreneurial risks
• 2003 Stockholm Sweden– Interesting claims examples– Highlight on the IMIA website
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2004 Conference in Rome, Italy
• How to attract more active involvement of Delegates?
• Discussion Groups were formed
• Sketch by Oscar Treceño and Detmar Heidenhain
• Introduction of the IMIA logo
• Joint Code of Practice forRisk Management of Tunneling Works
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Change of dress code: 2004 and 2005
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The year 2005• Russia hosted the 2005 IMIA
Conference
• Anders Lindberg handed over the Presidency to DetmarHeidenhain
• IMIA published the first “News Sheet” which since then appears regularly three times a year
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Boston, USA 2006
The President: Mike Petruzzello from HSBFourth conference hosted by the USA 64 Delegates from 20 countries
Introduction of the “Highlights of Country Reports”
Secretariat is handed over from Archie Watt toUtz Groetschel
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The year 2007
The website service for IMIA moved from Britain to a Swiss firm. First redesign of the website
Japan hosted the 40th
IMIA Conference
A rather wet day for the visit of Tokyo’s shrines
Introduction of the “Fathering concept”
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Highlights of the years 2008 to 2010• 2008: Great Britain hosted the Conference in
Gleneagles, Scotland– Theft of contractor’s plant and equip-
ment + Britain’s counter measures– IMIA Information Brochure
• 2009: Turkey hosted the Conferencein Istanbul– Several member countries reported problems
following difficult economical circumstances– report on current tunnelling project under the Marmara See– IMIA Chairman: Neil Clutterbuck succeeds Detmar Heidenhain
• 2010: Germany: Conference in Berlin– Panel Discussion - first time introduced in the agenda– Video taking of a few presentations
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Highlights of the years 2011 to 2013
• 2011: Amsterdam Conference / The Netherlands– First IMIA Photographic Competition
+ IMIA Calendar– Videos taken for an “eye catcher”– Oscar Treceño follows Neil Clutterbuck
as IMIA Chairman
• 2012: Conference in Rio de Janeiro / Brazil
• 2013: Introduction of IMIA Academy– First Engineering Insurance Training
Course held in Berlin in March– India hosts the IMIA Conference in New Delhi– Presentation of the revised IMIA website
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Highlights of the years 2014 and 2015
• 2014 - IMIA Conference in Mandelieu / Cannes, France
– Various topics– Tunnelling still a great topic:
The Miami Tunnel Project
• 2015 - Conference in Merida,Mexico
– hosted by the Mex. Ins. Association– The Break-out sessions have
become a much appreciated activity of Delegates
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The year 2016• IMIA Conference hosted by Qatar Insurance and
Reinsurance Company in Doha– IMIA presented its 100th Working
Group paper!(on excavation support)
– Main topic: cyber risks
• November 2016: first IMIA Academy Engineering Course held in Singapore
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A few review comments ahead of the 50th IMIA conference
• 50 years and still going strong!• IMIA is the 1st point of call when Engineering Insurance
stakeholders need support• IMIA has gained 1st class reputation in
– promoting best practice in Engineering Insurance– enhancing the awareness of Underwriters– offering state of the art training opportunities– providing a top grade Website open to members and visitors
• IMIA conferences: a unique forum focussing on knowledge, technology, UW, claims and risk management
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During 50 years hundreds of delegates and EC-members have contributed to IMIAs success: Thanks to all of them!
50th IMIA ConferenceHalf a century promoting
best practice31