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FAIR Insurance Forum in Uzbekistan

Energy insurance and Risk Management

FAIR Insurance Forum in Uzbekistan will be held on May 4-6, 2025.

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Registan, Uzbekistan
FAIR Insurance Forum

Energy Insurance and Risk Management Forum

Tashkent, Uzbekistan 4-6 May 2025

On behalf of the FAIR Board of Directors, its esteemed members, and myself, I am pleased to extend a warm welcome to all participants of the “Energy Insurance and Risk Management Forum.”

The energy sector remains a cornerstone of global economic development, playing a critical role in sustaining industrial, commercial, and residential needs. It is also one of the most complex sectors encompassing exploration, production, transportation, storage, and distribution of various energy sources, including oil, gas, coal, nuclear energy, wind, solar, and hydropower.

Given the sector’s complex and dynamic nature, effective risk management is essential to address the various challenges and vulnerabilities it faces, such as natural disasters, price volatility, and environmental concerns.

Like many industries, the energy sector faces a wide range of risks that can significantly impact its operations, and the energy sector has no exception. The industry is exposed to risks that can lead to significant financial losses and even threaten lives. Insurance serves as a fundamental tool in supporting the energy sector’s resilience, helping companies mitigate risks and safeguard their financial stability.

We sincerely thank the organizing committee, sponsors, and all contributors for their dedicated efforts in making this forum possible.

We look forward to a successful and inspiring event that will foster valuable insights and strengthen collaboration across the industry.

Wishing you all the best and fruitful participation.

Information about forum

Agenda

Day 1, Part 1: Monday 5th May
Upstream & Downstream Energy

Overview of the forum and key objectives for energy
Schedule:
8:30 - 9:30
Registration
9:30 - 9:40
Welcome Address, Minister of Energy of the Republic of Uzbekistan
9:40 - 10:00
Welcome Address, National Agency of Prospective Projects of the Republic of Uzbekistan
Speaker: Mr.Orifjon Fayziyev, Deputy Director
10:00 - 10:10
Welcome Note: Host, Apex Insurance Group
Speaker: Mr.Umid Khalikov, Member of the Supervisory Board – Apex Insurance JSC
10:10 - 10:20
Presentation: An overview of the FAIR organization and its activities
Speaker: Mr.Mo’men Mukhtar, FAIR Secretary General
10:20 - 10:30
Presentation, An overview of the FAIR Oil and Energy Insurance Syndicate
Speaker: Mr.Nabil Hajjar, Syndicate Managing Director
10:30 - 11:00
Presentation: An updated report on Uzbekistan/Kazakhstan companies' growing exposure to global reinsurance markets
Speaker: Mr.Lev Dorf, Moody’s
11:00 - 11:15
Coffee and Networking Break
11:15 - 13:00
Keynote and Panel Discussion: Energy Market, Challenges and Opportunities
Moderator: Mr.Kamal Tabaja, Chief Operating Officer, Trust Re
11:20 - 11:40
Presentation: Challenges and trends in the downstream energy markets
Speaker: Mr.Eric Wang - Marsh (China) Insurance Brokers Co., Ltd.
11:40 - 12:00
Presentation: Development and Challenges in the upstream energy market
Speaker: Mr.Robert Brundrett, Managing director, Energy and Construction UIB
12:00 - 12:20
Presentation: Risk Management developments in the energy market
Speakers: Mr.Fadi Abdul Aziz, WTW, Head of Energy Broking CEEMEA
12:40 - 13:00
Q&A session
13:00 - 14:00
Lunch
1

Day 1, Part 2: Monday 5th May
Sustainability & Energy Transition

Driving sustainability whilst supporting the energy transition
Schedule:
14:00 - 15:30
Panel Discussion: Driving sustainability whilst supporting the energy transition
Moderator: Dr. Jagath Alwis, Executive Chairman, Ceylinco General Insurance
14:00 - 14:25
Presentation: ESG for sustainable insurance
Speaker: Dr. Jagath Alwis, Executive Chairman, Ceylinco General Insurance
14:25 - 14:40
Presentation: Cyber Insurance for Energy Companies
Speaker: Ms. Maria Bogatyreva, Executive Director AON London
14:40 - 15:00
Presentation: The role of AI and data analytics in sustainable energy development
Speaker: Mr.Ragunath Murthy, Founder and Chief reAInmaker
15:00 - 15:30
Q&A session
14:00 - 16:00
FAIR Steering Committee Meeting Members only
16:00 - 18:00
Networking
19:00 - 21:00
Dinner hosted by APEX INSURANCE JSC
2

Day 2: Tuesday 6 May
Renewable Energy

Renewable Energy and the role of regional reinsurers in emerging markets
Schedule:
9:30 - 11:00
Panel Discussion: Renewable Energy
Moderator: Mr.Guy Bessis - Marsh - Managing Director of Global Energy and Power Practice
9:30 - 9:50
Presentation: Developments in Renewable Energy insurance market and coverage
Speaker: Mr.Ian Lim, Founder and Group Chief Executive Officer, Lexasure Financial Group
9:50 - 10:10
Presentation: Risk management considerations in renewable energy power
Speaker: Dr.Jon Zaidi, Country Manager - ACWA POWER
10:10 - 10:30
Presentation: Economy drivers for decarbonization
Speaker: Mr. Artur Gazizyanov, Head of Business Development and Industrial Assets Management at Air Products
10:30 - 10:45
Q&A session
10:45 - 11:00
Coffee and Networking Break
11:00 - 12:30
Panel Discussion: How can regional reinsurers assist in the development of emerging markets
Moderator: Mr. Yassir Albaharna, Group CEO, Trust Re
Speaker: Mr.Umid Khalikov, Member of Supervisory Board, Apex Insurance JSC
Speaker: Mr.Oybek Khalilov, Chairman of the Association of Professional Participants of the Insurance Market of Uzbekistan
Speaker: Mr.Guy Bessis, Managing Director of Global Energy and Power Practice, Marsh
Speaker: Mr.Sergey Gavrilov, Deputy CEO of Halyk Insurance Company JSC
12:30 - 12:45
Closing remarks by Mr.Oybek Khalilov
13:00 - 14:00
Lunch
3
EVENT SCHEDULE
Exploring the Historic Wonders of Samarkand
4th May
Event

Exploring the Historic Wonders of Samarkand

Supported by Apex Insurance Uzbekistan and Mosaic Insurance Group

On May 4th, embark on an unforgettable journey through the heart of Samarkand, a city steeped in history and culture. Known as the jewel of the Silk Road, Samarkand captivates visitors with its stunning architectural marvels, ancient mosques and madrasahs, and vibrant atmosphere that echoes the grandeur of past civilizations.

Forum at the Hilton Ballroom
5-6th May
Event

Forum at the Hilton Ballroom

On May 5-6, the FAIR Uzbekistan Forum will take place at the prestigious Hilton Ballroom, bringing together key stakeholders in the insurance industry to foster collaboration and drive the adoption of international standards. As a vital platform for harmonizing global insurance markets, FAIR aims to facilitate knowledge exchange, enhance cooperation among members, and promote best practices to add value across the sector.

LOCATIONS

Hilton Ballroom Location

Hilton Tashkent City
Ukchi ko'chasi 1, 100027, Toshkent, Toshkent

Closest Hotel from Event: Holiday Inn

Holiday Inn Tashkent City
Ukchi ko'chasi 3, 100017, Toshkent, Toshkent

InterContinental Tashkent

InterContinental Tashkent
Shahrisabz ko'chasi 2, 100000, Toshkent, Uzbekistan

Hyatt Regency Tashkent

Hyatt Regency Tashkent
1A, Navoi Avenue, Toshkent, Uzbekistan

OUR TEAM

Momen Mukhtar
Momen Mukhtar
Secretary General at FAIR
FAIR
Oybek Khalilov
Oybek Khalilov
Chairman of Insurance Association
APIMU
Umid Khalikov
Umid Khalikov
Member of Supervisory Board
APEX Insurance JSC
Jakhongir Yunusov
Jakhongir Yunusov
Chairman of the Board
APEX Insurance JSC

Our Speakers

Dr. Momen Mukhtar
Dr. Momen Mukhtar
Secretary General
FAIR
Mr. Yassir Albaharna
Mr. Yassir Albaharna
Group CEO
Trust Re
Mr. Guy Bessis
Mr. Guy Bessis
Managing Director, Global Energy
Marsh
Mr. Fadi Abdulaziz
Mr. Fadi Abdulaziz
Head of Energy Broking CEEMEA
WTW
Mrs. Maria Bogatyreva
Mrs. Maria Bogatyreva
Executive Director
AON London
Mr. Eric Wang
Mr. Eric Wang
Founder & Group CEO
Lexasure Financial Group
Mr. Robert Brundrett
Mr. Robert Brundrett
Managing Director
Energy & Construction UIB

FAQ

You can contact our support at the fairtashkent@aic.uz
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