Risks, Insurance and Surety Bonds: Key Factors of Making Your Business Successful and Protected

AmCham and Marsh McLennan, the world's leading insurance broker and risk advisor, organized a joint event on the topic of successful risk management and business protection through trade credit insurance and surety bonds as new financial instruments.

The results of the recently published Global Risks Report 2024 by the World Economic Forum in collaboration with Zurich Insurance Group and Marsh McLennan, highlight a predominantly negative outlook for the world in the short term that is expected to worsen in the long term.

Just some of the expected risks that the world will face in the next two years relate to extreme weather events, cyber insecurity, interstate armed conflicts, lack of economic opportunities, inflation, economic downturn, etc.

Managing risks and trade credit insurance is more important than ever to ensure business stability and achieve competitiveness. How to protect business using trade credit insurance, identify and minimize risks and ensure business liquidity using surety bonds as a form of financial instrument were just some of the topics that were discussed at the event.

After the opening remarks, two panel discussions were held with the participation of representatives of banks, insurance companies and the private sector.

Program:
9:00-9:30 Registration and Breakfast
9:30-9:35 Welcome adresses:

• Andrea Doko Jelušić, Executive Director, AmCham Croatia
• Iva Rogović Lekić, CEO, Marsh McLennan Croatia

9:35-9:45 „Overview of Economic and Geopolitical Conditions and Their Effect on Credit Risk in Europe“

• Peter Kerkhoff, Managing Director, Credit Specialties Leader Europe, Marsh

9:45-10:30 Panel discussion „How to Manage Risks and Protect Business in Turbulent Times“

• Davor Baković, Managing Director, Končar Instrument Transformers and President of Croatian Exporters
• Anita Cvetić Oreščanin, Board Member, Poslovna inteligencija
• Marko Čižmek, Board Member, Valamar Riviera
• Davor Oršić, Director of Corporate Treasury, Atlantic Group
• Igor Šaravanja, Board Member, Alca Zagreb
• Moderator: Edvard Ribarić, Credit Specialties Leader, Marsh Adria

10:30-11:15 Panel discussion „Unlocking Financial Security for Businesses with New Financial Instruments”

• Boris Centner, Chief Advisor of the Management Board for C&M Business, Erste&Steiermärkische Bank
• Nicola Ceccaroli, President of the Management Board, Banka Kovanica
• Peter Kerkhoff, Managing Director, Credit Specialties Leader Europe, Marsh
• Ante Odak, Board Member, RBA
• Dario Silić, President of the Management Board, Bina Istra
• Moderator: Iva Rogović Lekić, CEO, Marsh McLennon Croatia

11:15-11:30 Q&A

Marsh McLennan is the world’s leading professional services firm (NYSE: MMC) in the areas of risk, strategy and people with a tradition longer than 150 years. With more than 85,000 employees operating in over 550 offices in more than 130 countries around the world Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading firms: Marsh, Guy Carpenter, Mercer and Oliver Wymann. Marsh is the world's leading insurance broker and risk advisor. Marsh Croatia as the largest corporate broker offers professional insurance and reinsurance services as well as risk management consulting.