Seven speakers will cover developments in the insurance and reinsurance industries in Sedgwick’s Hot Topics seminar tomorrow afternoon.

The 12th edition of the seminar will be held at the Bermuda Underwater Exploration Institute, starting at 2pm.

Sedgwick, a law firm that specialises in litigation and the resolution of complex and high value claims affecting the insurance and reinsurance industry,

has offices in the US and Europe, as well as Bermuda.

This year’s topics include cyber liabilities, products liability and property losses. There will also be a presentation on legislative developments in the Bermuda and the UK that affect Bermuda’s insurance market.

Eric Scheiner of Sedgwick Chicago will talk about the recent wave of cyber-related data breaches that have been hitting the headlines around the world and how those events could impact the various types of insurance policies issued by Bermudian companies. He will also discuss things Bermudian insurers can do to try and prepare for, and potentially avoid, the aggregate impact that any one data breach could present to a carrier.

Chris Novak of Sedgwick New York will discuss regulatory developments in the US under the Food Safety Modernisation act, and how this changing regulatory landscape may impact coverage available under food recall policies.

Alex Potts and Chen Foley, both of Sedgwick Bermuda, will discuss important legislative changes affecting insurance contract law in Bermuda and the UK. They will consider the risks and opportunities for the Bermuda insurance and reinsurance market, if English law and Bermuda law continue to follow different courses.

David Murphy from Sedgwick London will talk about how the international property insurance market has struggled over recent years with the widely varying fortunes which have resulted from different approaches to the adjustment of losses arising from wide area damage.

Jennifer Quinn Broda of Sedgwick Chicago will be speaking on issues that arise from the “related claims” provision found in many claims-made policies, the factors courts consider when determining how to construe such provisions, and the steps insurers can take to address issues that arise when analysing whether multiple claims are related.

In addition, Richard Geddes of Sedgwick Chicago, will outline newly recognised and developing threats to casualty insurers of major corporations arising out of new energy technologies, climate change and cyber risks, and how policy forms in current use may or not respond predictably to these new threats.

Mark Chudleigh, of Sedgwick’s Bermuda office, will be hosting the event.

Anyone interested in attending should contact Mr Chudleigh at mark.chudleigh@sedgwicklaw.com.