10th Risk Summit

To mark the 10th anniversary of the Cambridge Centre for Risk Studies, our annual risk summit considers how risk will change over the next decade, exploring the potential for emerging risks and the changing nature of strategic risk for businesses.

We will explore the changing future landscape across the six classes of risk defined in the Cambridge Business Risk Taxonomy. The taxonomy of business risks was one of the earliest risk outputs of the Centre for Risk Studies, and each year for the past five years, we have published the Cambridge Global Risk Index under these risk classes.

Keynote Session

Financial & Economic Risks

Geopolitical & Security Risks

Technology Risks

Environmental & Natural Hazard Risks

Societal & Sustainability Risks

Governance & Regulatory Risks

Business executives need to plan for multi-year investments, returns on capital, and longer-term assessments of risks to their business strategies.

At our 10th Annual Risk Summit, we challenge business risk managers to consider how the risk could be very different over a 10-year horizon, particularly the potential paradigm shifts that could provide strategic shock, and how enterprise risk management strategies can be developed to cope with the uncertain future.

We invite presentations and attendance from a wide variety of specialists and business managers, including threat specialists, academics, practitioners and advisors.

The conference will be held at Cambridge Judge Business School. On 20 June the conference will be followed by a black-tie gala dinner at Christ’s College, University of Cambridge. The dinner speaker will be Lord Richard Wilson of Dinton, Former Master of Emmanuel College, University of Cambridge, who has served under UK Prime Ministers and for 10 years served as Chairman of the UK’s oldest private bank.

Registration for this event has now ended

In partnership with Hilton Cambridge, attendees are offered rooms at a discounted rate.

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Day one: Thursday 20 June 2019

Time	Session
09:00-09:30	Registration and coffee
09:30-09:40	Welcome Professor Daniel Ralph, Academic Director, Cambridge Centre for Risk Studies, and Professor of Operations Research, Cambridge Judge Business School
09:40-10:00	Researching Business Risk – the Past Ten Years, the Next Ten Years Dr Andrew Coburn, Chief Scientist, Cambridge Centre for Risk Studies
10:00-10:30	Making a Market for Acts of Terrorism: A Model for Addressing the Difficult to Insure Risks of the Future Julian Enoizi, CEO, Pool Re
10:30-11:00	What Does a Business Need to Know about the Likely Impacts of Climate Change? Dr Robert Muir-Wood, Chief Risk Officer, Risk Management Solutions, Inc.
11:00-11:30	Coffee break
11:30-13:00	Parallel Sessions I Track 1: Financial and Economic Risks Chair: Dr Michelle Tuveson, Executive Director, Cambridge Centre for Risk Studies Discussant Dr Andrew Pitt, Head of Global Research, Citi Financial and Economic Risks – CRS Risk Outlook Ken Deng, Financial and Economic Risk Research Lead, Cambridge Centre for Risk Studies Financial Crises of the Future: The Lessons of History Dr Duncan Needham, Director of Cambridge Centre for Financial History Challenges in Managing Financial Risk in the Future: A Practitioner’s View Alessandra Mongiardino, outgoing Head of Enterprise-wide Risk Management, Nordea Bank Abp
	Track 2: Geopolitical and Security Risks Chair: Professor Daniel Ralph, Academic Director, Cambridge Centre for Risk Studies Discussant Marianne Schneider-Petsinger, Geoeconomics Fellow, Chatham House Geopolitical and Security Risks – CRS Risk Outlook Tamara Evan, Geopolitical Risk Research Lead, Cambridge Centre for Risk Studies Conflicts of the Future Jim Maltby, Principal Scientist, Defence, Science & Technology Laboratory Managing Future Risk in International Supply Chains Nick Wildgoose, Independent Supply Chain Risk Consultant, Supplien Consulting
	Track 3: Technology Risks Chair: Simon Ruffle, Director of Research & Innovation, Cambridge Centre for Risk Studies Discussant John Low, Head of Risk, Game Technology Risks – CRS Risk Outlook Kelly Quantrill, Cyber Risk Researcher, Cambridge Centre for Risk Studies Managing the Risks of Digital Identity in Business Olivia White, Partner, McKinsey and Company The Future of Cyber Risk Dr Christos Mitas, Vice President and Head of Cyber Risk, Risk Management Solutions
13:00-14:00	Lunch at the Cambridge Judge Business School
14:00-15:30	Parallel Sessions II Track 4: Environmental and Natural Hazard Risks Chair: Simon Ruffle, Director of Research & Innovation, Cambridge Centre for Risk Studies Discussant Jonathon Gascoigne, Director of Risk Analytics, Capital, Science and Policy Practice, Willis Towers Watson Environmental and Natural Hazard Risks – CRS Risk Outlook Oliver Carpenter, Natural Hazards Risk Research Lead, Cambridge Centre for Risk Studies Managing Risk in a Changing Environment Dr Emily Shuckburgh, Deputy Head, Polar Oceans Team, British Antarctic Survey Preparing for Climate-Related Financial Disclosures in Businesses Manjula Chummun, Tesco, and member of the Task Force on Climate-Related Financial Disclosure
	Track 5: Societal and Sustainability Risks Chair: Professor Daniel Ralph, Academic Director, Cambridge Centre for Risk Studies Discussant Brendan Plessis, Executive Vice President, Head of Emerging Markets, AXA XL Societal and Sustainability Risks – CRS Risk Outlook Kayla Strong, Human and Humanity Risk Research Lead, Cambridge Centre for Risk Studies Key Sustainability Issues in the Next Decade Professor Aled Jones, Director of the Global Sustainability Institute, Anglia Ruskin University Risk to Business and the Economy from Future Pandemics Professor John Edmunds, London School of Hygiene and Tropical Medicine
	Track 6: Governance and Regulatory Risks Chair: Dr Michelle Tuveson, Executive Director, Cambridge Centre for Risk Studies Discussant Simon Learmount, Lecturer in Corporate Governance, Cambridge Judge Business School Governance and Regulatory Risks – CRS Risk Outlook Jennifer Copic, Regulatory and Liability Risk Research Lead, Cambridge Centre for Risk Studies Managing Reputational Risks: The Future Landscape Clare Williams, Director of Reputation Management, Barclays Working Towards a More Resilient Economy and Society Rainer Sachs, Independent Consultant, International Risk Governance Council
15:30-16:00	Coffee break
16:00-17:15	Plenary Panel: Risk Panorama – Creating Corporate Resilience for the Next Decade Moderated by: Professor Daniel Ralph, Academic Director, Cambridge Centre for Risk Studies Financial and Economic Risks – Dr Andrew Pitt, Head of Global Research, Citi Geopolitical and Security Risks – Marianne Schneider-Petsinger, Geopolitics Fellow, Chatham House Technology Risks – John Low, Head of Risk, Game Environmental and Natural Hazard Risks – tbc Societal and Sustainability Risks – tbc Governance and Regulatory Risks – Simon Learmount, Lecturer in Corporate Governance, Cambridge Judge Business School
17:15-17:30	Concluding Remarks Dr Michelle Tuveson, Executive Director, Cambridge Centre for Risk Studies
18:00-19:00	Networking reception, Christ’s College, University of Cambridge
19:00-22:00	Black Tie Gala Dinner, Christ’s College, University of Cambridge Dinner Speaker: Lord Richard Wilson of Dinton GCB, Former Cabinet Secretary; Former Master, Emmanuel College, University of Cambridge

Day two: Friday 21 June 2019

Time	Session
10:30-11:00	Registration and coffee
11:00-11:10	Welcome and introduction Professor Daniel Ralph, Academic Director, Cambridge Centre for Risk Studies and Professor of Operations Research, Cambridge Judge Business School
11:10-11:30	Keynote Address Andrew Hill, Management Editor, Financial Times
11:30-12:40	Business Leaders Plenary Session Panel: Changing Times – How Corporates Manage Opportunities and Risks Moderated by: Andrew Hill, Management Editor, Financial Times Dame Inga Beale, Board Director, London First and Chartered Insurance Institute Michael Kitson, Senior Lecturer, Cambridge Judge Business School and Assistant Director of Centre for Business Research Alan Smith, Global Head of Risk Strategy and Chief of Staff, Global Risk, HSBC Dr Michelle Tuveson, Executive Director, Cambridge Centre for Risk Studies
12:40-12:50	Cambridge-McKinsey Risk Prize
12:50-13:00	Conclusion
13:00-14:00	Networking lunch at Cambridge Judge Business School