Hayleys AIG sponsored the second Sri Lankan Risk Management forum last month aimed at raising awareness on risk management.

This program was designed to raise awareness in the local market of risk management techniques as well as value added engineering and claims services provided by Hayleys AIG to manage risk through loss control and effective claims management.

Hayleys AIG continues to reinforce its commitment to the local Insurance market through continued expansion of its local operations through geographic expansion and local development of the market and its resources. Mr. Jean-Pierre Assaf, Managing Director of Hayleys AIG commented on the event this is part of our continued support of our Insurance Market and our commitment as a long term player in Sri Lanka. Our goal is to give back to the community through sharing our 80 years of experience as a global insurance company and bringing all our resources to build on the existing strength of the market through education and experience.

The presenters for this seminar included three regional AIG resources from the headquarters for the Middle East, Mediterranean and South Asia region based out of Dubai, UAE. Mr. Ziad Kubursi the Regional Vice President for Major Accounts and Corporate Accounts presented a general overview of AIG and it's capabilities in the market both as a global player and locally through Hayleys AIG in the Sri Lankan market. His presentation touched on managing accounts and working with clients to determine how to understand their risk profile to build a balanced and complete risk management program.

Mr. Stuart McCreadie the Regional Head of Engineering for the MEMSA region highlighted the necessity of loss control and what to look for when evaluating a risk as well as measures to be taken as an organization to mitigate losses through risk engineering and risk control measures and programs. Mr. John Sabalis the Regional Senior Vice President of Claims for the MEMSA region brought the loss perspective of the region to Sri Lanka. Mr. Sabalis highlighted the countries 2004 tsunami disaster where Hayleys AIG through its dedicated claims team managed and coordinated with regional resources to manage the situation through strength in communication, timely payments and amicable resolution.

This event has been made possible thanks to the support of the Sri Lankan Broker Association which continues to drive progress and academic excellence in the Insurance Market through its community and leadership.