Kate Caithness

OPERATIONS

Open Meeting

Sunday 6th December 2009

copy World Curling Federation2 |

AgendaAAA

bullInsurance amp Risk Management

bull New Employees

copy World Curling Federation3 |

Presentation IPC Sports Council Meetings

Richard Tolley

Senior Vice President of Marsh

Based in UK

23 years experience in Risk Management and Insurance

Includes

bull 5 Olympic Paralympic Games Including bull Nagano 1998 Salt Lake 2002 Torino 2006 and forthcoming Vancouver 2010bull 2 Commonwealth Gamesbull 2 World Cups (Football amp Rugby)bull Golfbull Tennisbull Sports Governing Bodies International Federationsbull Stadiums Arenasbull Sports Teams amp Events

copy World Curling Federation4 |

Risk Management

Marsh ndash Worlds No1 Risk and Insurance Adviser

26000 employees in over 100 countries worldwide

Marsh is a unit of MMC (Marsh amp McLennan Companies) a global professional services firm providing advice and solutions in the areas of risk strategy and human capital

Marsh Specialist ldquoGlobal Sport Entertainment amp Events Practicerdquo

copy World Curling Federation5 |

Information Required

Corporate Risk Register

Structure Chart

Articles of Association

Financial Accounts

Rules Handbook

Details of Committees

Number of full time staff

Use of Volunteers

Owned Assets

Travel Patterns

Technical Guidance Documents you produce

List of key sponsorspatrons

Claims Experience for each class of insurance

Overview of how membership works

Details of membership services you provide

copy World Curling Federation6 |

Why Bother with Risk Management

To identify all significant risks facing an organisation that are both currently recognised and unforeseen

To minimise the operational impact of any identified risk exposures

To review and benchmark the effectiveness of all existing risk control mechanisms and procedures including the provision of insurance

Demonstrate best practice governance of the organisation to all external stakeholders

Fully understand the risk profile of your organisation

Establish the effectiveness of any existing risk control measures

To begin the development of effective Emergency and Contingency response planning

To control insurance costs

To minimise unbudgeted costs

copy World Curling Federation7 |

Risk Management Trends

1048708Increasing scrutiny and focus on decisions and rulings made by Sports Governing Bodies

1048708Increasing awareness of general Liability issues ndashldquowhere there is blame there is a claimrdquoculture

bull 1048708Increasing demand for ldquoCompensationrdquobull 1048708Increasing value of the product ndashldquoathletes competitorsrdquobull 1048708Increasing demands on the Insurance Market to provide protection1048708Increasing awareness of ldquoPersonal Liabilityrdquoissues1048708Increasing demand from Sponsors Broadcasters Spectators forbigger and better events ndashincreases risk profile

Need to look to the Wider Risk Profile

An estimate will be given which will be tailored to our needs

copy World Curling Federation8 |

New Employee

MRO ndash Joanna Kelly 1st September

Curling Development Officer ndash Applications will be available in the new year

copy World Curling Federation2 |

AgendaAAA

bullInsurance amp Risk Management

bull New Employees

copy World Curling Federation3 |

Presentation IPC Sports Council Meetings

Richard Tolley

Senior Vice President of Marsh

Based in UK

23 years experience in Risk Management and Insurance

Includes

bull 5 Olympic Paralympic Games Including bull Nagano 1998 Salt Lake 2002 Torino 2006 and forthcoming Vancouver 2010bull 2 Commonwealth Gamesbull 2 World Cups (Football amp Rugby)bull Golfbull Tennisbull Sports Governing Bodies International Federationsbull Stadiums Arenasbull Sports Teams amp Events

copy World Curling Federation4 |

Risk Management

Marsh ndash Worlds No1 Risk and Insurance Adviser

26000 employees in over 100 countries worldwide

Marsh is a unit of MMC (Marsh amp McLennan Companies) a global professional services firm providing advice and solutions in the areas of risk strategy and human capital

Marsh Specialist ldquoGlobal Sport Entertainment amp Events Practicerdquo

copy World Curling Federation5 |

Information Required

Corporate Risk Register

Structure Chart

Articles of Association

Financial Accounts

Rules Handbook

Details of Committees

Number of full time staff

Use of Volunteers

Owned Assets

Travel Patterns

Technical Guidance Documents you produce

List of key sponsorspatrons

Claims Experience for each class of insurance

Overview of how membership works

Details of membership services you provide

copy World Curling Federation6 |

Why Bother with Risk Management

To identify all significant risks facing an organisation that are both currently recognised and unforeseen

To minimise the operational impact of any identified risk exposures

To review and benchmark the effectiveness of all existing risk control mechanisms and procedures including the provision of insurance

Demonstrate best practice governance of the organisation to all external stakeholders

Fully understand the risk profile of your organisation

Establish the effectiveness of any existing risk control measures

To begin the development of effective Emergency and Contingency response planning

To control insurance costs

To minimise unbudgeted costs

copy World Curling Federation7 |

Risk Management Trends

1048708Increasing scrutiny and focus on decisions and rulings made by Sports Governing Bodies

1048708Increasing awareness of general Liability issues ndashldquowhere there is blame there is a claimrdquoculture

bull 1048708Increasing demand for ldquoCompensationrdquobull 1048708Increasing value of the product ndashldquoathletes competitorsrdquobull 1048708Increasing demands on the Insurance Market to provide protection1048708Increasing awareness of ldquoPersonal Liabilityrdquoissues1048708Increasing demand from Sponsors Broadcasters Spectators forbigger and better events ndashincreases risk profile

Need to look to the Wider Risk Profile

An estimate will be given which will be tailored to our needs

copy World Curling Federation8 |

New Employee

MRO ndash Joanna Kelly 1st September

Curling Development Officer ndash Applications will be available in the new year

copy World Curling Federation3 |

Presentation IPC Sports Council Meetings

Richard Tolley

Senior Vice President of Marsh

Based in UK

23 years experience in Risk Management and Insurance

Includes

bull 5 Olympic Paralympic Games Including bull Nagano 1998 Salt Lake 2002 Torino 2006 and forthcoming Vancouver 2010bull 2 Commonwealth Gamesbull 2 World Cups (Football amp Rugby)bull Golfbull Tennisbull Sports Governing Bodies International Federationsbull Stadiums Arenasbull Sports Teams amp Events

copy World Curling Federation4 |

Risk Management

Marsh ndash Worlds No1 Risk and Insurance Adviser

26000 employees in over 100 countries worldwide

Marsh is a unit of MMC (Marsh amp McLennan Companies) a global professional services firm providing advice and solutions in the areas of risk strategy and human capital

Marsh Specialist ldquoGlobal Sport Entertainment amp Events Practicerdquo

copy World Curling Federation5 |

Information Required

Corporate Risk Register

Structure Chart

Articles of Association

Financial Accounts

Rules Handbook

Details of Committees

Number of full time staff

Use of Volunteers

Owned Assets

Travel Patterns

Technical Guidance Documents you produce

List of key sponsorspatrons

Claims Experience for each class of insurance

Overview of how membership works

Details of membership services you provide

copy World Curling Federation6 |

Why Bother with Risk Management

To identify all significant risks facing an organisation that are both currently recognised and unforeseen

To minimise the operational impact of any identified risk exposures

To review and benchmark the effectiveness of all existing risk control mechanisms and procedures including the provision of insurance

Demonstrate best practice governance of the organisation to all external stakeholders

Fully understand the risk profile of your organisation

Establish the effectiveness of any existing risk control measures

To begin the development of effective Emergency and Contingency response planning

To control insurance costs

To minimise unbudgeted costs

copy World Curling Federation7 |

Risk Management Trends

1048708Increasing scrutiny and focus on decisions and rulings made by Sports Governing Bodies

1048708Increasing awareness of general Liability issues ndashldquowhere there is blame there is a claimrdquoculture

bull 1048708Increasing demand for ldquoCompensationrdquobull 1048708Increasing value of the product ndashldquoathletes competitorsrdquobull 1048708Increasing demands on the Insurance Market to provide protection1048708Increasing awareness of ldquoPersonal Liabilityrdquoissues1048708Increasing demand from Sponsors Broadcasters Spectators forbigger and better events ndashincreases risk profile

Need to look to the Wider Risk Profile

An estimate will be given which will be tailored to our needs

copy World Curling Federation8 |

New Employee

MRO ndash Joanna Kelly 1st September

Curling Development Officer ndash Applications will be available in the new year

copy World Curling Federation4 |

Risk Management

Marsh ndash Worlds No1 Risk and Insurance Adviser

26000 employees in over 100 countries worldwide

Marsh is a unit of MMC (Marsh amp McLennan Companies) a global professional services firm providing advice and solutions in the areas of risk strategy and human capital

Marsh Specialist ldquoGlobal Sport Entertainment amp Events Practicerdquo

copy World Curling Federation5 |

Information Required

Corporate Risk Register

Structure Chart

Articles of Association

Financial Accounts

Rules Handbook

Details of Committees

Number of full time staff

Use of Volunteers

Owned Assets

Travel Patterns

Technical Guidance Documents you produce

List of key sponsorspatrons

Claims Experience for each class of insurance

Overview of how membership works

Details of membership services you provide

copy World Curling Federation6 |

Why Bother with Risk Management

To identify all significant risks facing an organisation that are both currently recognised and unforeseen

To minimise the operational impact of any identified risk exposures

To review and benchmark the effectiveness of all existing risk control mechanisms and procedures including the provision of insurance

Demonstrate best practice governance of the organisation to all external stakeholders

Fully understand the risk profile of your organisation

Establish the effectiveness of any existing risk control measures

To begin the development of effective Emergency and Contingency response planning

To control insurance costs

To minimise unbudgeted costs

copy World Curling Federation7 |

Risk Management Trends

1048708Increasing scrutiny and focus on decisions and rulings made by Sports Governing Bodies

1048708Increasing awareness of general Liability issues ndashldquowhere there is blame there is a claimrdquoculture

bull 1048708Increasing demand for ldquoCompensationrdquobull 1048708Increasing value of the product ndashldquoathletes competitorsrdquobull 1048708Increasing demands on the Insurance Market to provide protection1048708Increasing awareness of ldquoPersonal Liabilityrdquoissues1048708Increasing demand from Sponsors Broadcasters Spectators forbigger and better events ndashincreases risk profile

Need to look to the Wider Risk Profile

An estimate will be given which will be tailored to our needs

copy World Curling Federation8 |

New Employee

MRO ndash Joanna Kelly 1st September

Curling Development Officer ndash Applications will be available in the new year

copy World Curling Federation5 |

Information Required

Corporate Risk Register

Structure Chart

Articles of Association

Financial Accounts

Rules Handbook

Details of Committees

Number of full time staff

Use of Volunteers

Owned Assets

Travel Patterns

Technical Guidance Documents you produce

List of key sponsorspatrons

Claims Experience for each class of insurance

Overview of how membership works

Details of membership services you provide

copy World Curling Federation6 |

Why Bother with Risk Management

To identify all significant risks facing an organisation that are both currently recognised and unforeseen

To minimise the operational impact of any identified risk exposures

To review and benchmark the effectiveness of all existing risk control mechanisms and procedures including the provision of insurance

Demonstrate best practice governance of the organisation to all external stakeholders

Fully understand the risk profile of your organisation

Establish the effectiveness of any existing risk control measures

To begin the development of effective Emergency and Contingency response planning

To control insurance costs

To minimise unbudgeted costs

copy World Curling Federation7 |

Risk Management Trends

1048708Increasing scrutiny and focus on decisions and rulings made by Sports Governing Bodies

1048708Increasing awareness of general Liability issues ndashldquowhere there is blame there is a claimrdquoculture

bull 1048708Increasing demand for ldquoCompensationrdquobull 1048708Increasing value of the product ndashldquoathletes competitorsrdquobull 1048708Increasing demands on the Insurance Market to provide protection1048708Increasing awareness of ldquoPersonal Liabilityrdquoissues1048708Increasing demand from Sponsors Broadcasters Spectators forbigger and better events ndashincreases risk profile

Need to look to the Wider Risk Profile

An estimate will be given which will be tailored to our needs

copy World Curling Federation8 |

New Employee

MRO ndash Joanna Kelly 1st September

Curling Development Officer ndash Applications will be available in the new year

copy World Curling Federation6 |

Why Bother with Risk Management

To identify all significant risks facing an organisation that are both currently recognised and unforeseen

To minimise the operational impact of any identified risk exposures

To review and benchmark the effectiveness of all existing risk control mechanisms and procedures including the provision of insurance

Demonstrate best practice governance of the organisation to all external stakeholders

Fully understand the risk profile of your organisation

Establish the effectiveness of any existing risk control measures

To begin the development of effective Emergency and Contingency response planning

To control insurance costs

To minimise unbudgeted costs

copy World Curling Federation7 |

Risk Management Trends

1048708Increasing scrutiny and focus on decisions and rulings made by Sports Governing Bodies

1048708Increasing awareness of general Liability issues ndashldquowhere there is blame there is a claimrdquoculture

bull 1048708Increasing demand for ldquoCompensationrdquobull 1048708Increasing value of the product ndashldquoathletes competitorsrdquobull 1048708Increasing demands on the Insurance Market to provide protection1048708Increasing awareness of ldquoPersonal Liabilityrdquoissues1048708Increasing demand from Sponsors Broadcasters Spectators forbigger and better events ndashincreases risk profile

Need to look to the Wider Risk Profile

An estimate will be given which will be tailored to our needs

copy World Curling Federation8 |

New Employee

MRO ndash Joanna Kelly 1st September

Curling Development Officer ndash Applications will be available in the new year

copy World Curling Federation7 |

Risk Management Trends

1048708Increasing scrutiny and focus on decisions and rulings made by Sports Governing Bodies

1048708Increasing awareness of general Liability issues ndashldquowhere there is blame there is a claimrdquoculture

bull 1048708Increasing demand for ldquoCompensationrdquobull 1048708Increasing value of the product ndashldquoathletes competitorsrdquobull 1048708Increasing demands on the Insurance Market to provide protection1048708Increasing awareness of ldquoPersonal Liabilityrdquoissues1048708Increasing demand from Sponsors Broadcasters Spectators forbigger and better events ndashincreases risk profile

Need to look to the Wider Risk Profile

An estimate will be given which will be tailored to our needs

copy World Curling Federation8 |

New Employee

MRO ndash Joanna Kelly 1st September

Curling Development Officer ndash Applications will be available in the new year

copy World Curling Federation8 |

New Employee

MRO ndash Joanna Kelly 1st September

Curling Development Officer ndash Applications will be available in the new year