McGavick to lead discussions in Davos
Mike McGavick, the chief executive officer of XL Group plc, will moderate and co-chair several discussions at this week's World Economic Forum (WEF) in Davos.
Mr McGavick was due to lead the Insuring the Transforming Risk Landscape this morning in the Swiss resort, which is this week playing host to some of the world's most influential corporate and political leaders.
This morning's panel will centre on how the insurance sector should be responding to the quickly transforming risk needs of its clients and the broader society.
Tomorrow, Mr McGavick will also co-chair with Brian Moynihan, CEO of Bank of America, discussions covering the current state of financial regulation and how the financial-services sectors is responding to and taking advantage of disruption. These will be the Governor's Meeting on the State of the Financial Services Industry and the Governor's Meeting on Rethinking Financial Governance.
A statement from XL Group plc, the company which trades in Bermuda and elsewhere as XL Catlin, said Mr McGavick “frequently speaks about the opportunity the (re)insurance sector has now, to reverse a relevance decline, through innovation and new operating structures”. and that the CEO “views the upcoming WEF as an important opportunity to continue critical discussion in a setting with numerous leaders of key industry clients and stakeholders”.
XL Catlin is working on inn with Oxbotica, a spin-out from Oxford University's Mobile Robotics Group, to support the adoption of mobile robotic solutions and explore their impact on risk management and insurance solutions.