Webinar: Russia – Ukraine: The Credit and Political Risk Impact

Wednesday, June 22, 2022, at 3:00 p.m. EDT/12:00 p.m. PDT

CIArb NAB presents webinar, “Russia – Ukraine: The Credit and Political Risk Impact”, on Wednesday, June 22, 2022 @ 3:00 p.m. EDT/ 12:00 p.m. PDT.

The devastation of the Russian invasion of Ukraine, and its severe blow to the world economy and to global food supplies, are well known. Less well known are some of the insurance coverages that are even now being triggered as potential claims and reserved for in the hundreds of millions, potentially billions, of dollars.

The webinar will go in depth into two of the insurance products, credit insurance and political risk insurance. In this one-hour webinar, the presenter, Mr. David Anderson (See bio below ) will explore the policies that banks and exporters buy to protect their loans and trade accounts receivable from the risk of default in Russia, Ukraine, and other countries, as well as the political risk insurance policies that lenders and investors purchase to cover risks like war, political violence, currency inconvertibility and non-transfer, and expropriation currently happening in Russia and Ukraine.

Mr. Anderson will also expound on workings of international commercial insurance, as well as the typical disputes (between policyholders and insurers) that arise and lead up to arbitration. The discussion will be followed by a Q&A session.

Presenter Bio:

Mr. David Anderson has 24 years of experience in the credit insurance and political risk insurance areas as an underwriter, manager, and expert witness. In 2018, he founded Anderson Risk Consultants, which provides expert witness and arbitration services. He is an accredited member of CIArb (International Module) and Certified Arbitrator, ARIAS-US, and has provided expert witness services across the London, New York, Singapore, and Hong Kong jurisdictions. He also currently serves as the Head of Political Risk for Starr Insurance in North America.

Previously, Mr. Anderson was the head of Zurich Credit & Political Risk (ZCPR), a market-leading underwriter of credit and political risk insurance worldwide, with a gross exposure of approximately US$20 billion across over 100 countries and a global team of 40. In 2017, he was elected to the management committee of the Berne Union, the global organization of export credit agencies and political risk insurers.

While at ZCPR, Mr. Anderson launched the Sydney, Australia, office in 2006, the Singapore office in 2009, and managed the Asia-Pacific regional team until 2012.

Mr. Anderson earned his B.A. in Political Science (magna cum laude) from Amherst College and his M.A. (Latin American Studies) / M.B.A. from University of Texas at Austin. He is fluent in Spanish and has a working knowledge of Portuguese, having lived, studied, or worked in several Latin American countries, including Venezuela, where he was a Fulbright Fellow.

This program is free, but space is limited. To register, go to:
https://us06web.zoom.us/webinar/register/WN_vZnBA6WhSJ6kMcoQMyaxRw

This program is presented by the North America Branch of the Chartered Institute of Arbitrators