Organisers: Life-Links, Kuehne Climate Center, Ministry of Land Infrastructure Transport and Tourism (Japan), International Road Federation, CLECAT, Asian Development Bank, World Bank
Context
International transport corridors and supply chains are facing more frequent disruption from extreme weather, geopolitical tensions, pandemics, conflict, and accidents. These risks affect transport infrastructure, logistics operations and workforces, and the movement of goods across the first, middle, and last mile.
Strengthening the resilience of these systems will require sustained investment. Public funding alone will not be sufficient, and mobilising private capital is essential, particularly for transport corridors and public–private partnerships (PPPs).
Insurance coverage is often a condition for such investment, yet growing losses and uncertainty have made many transport assets and operations harder or more expensive to insure. In many regions, insurers have withdrawn from higher-risk markets, raised premiums, or tightened coverage.
Governments therefore struggle to attract private investment, while logistics, transport, and infrastructure operators, as well as shippers (manufacturers and retailers), face high insurance costs, coverage gaps, or operate with only partial insurance. These challenges are especially acute in emerging markets and high-risk corridors.
Session
This session explores how insurance and reinsurance can help unlock private investment for transport network and supply chain resilience. It focuses on insurance and reinsurance not only as mechanisms for transferring risk, but also as ways to support risk signalling, risk reduction, and more resilient investment decisions.
Panel and breakout discussions will examine potential insurance approaches across transport corridors, such as parametric and pooled solutions, and how investments that reduce risk can lead to lower premiums or improved coverage, helping to unlock both public and private capital, particularly in the context of PPPs.
It will consider the roles that different stakeholder groups can play, in particular insurers and reinsurers; MDBs and DFIs working with governments; transport operators and customers/shippers; and NGOs and community actors. Results will feed into an Action Plan on insurance for resilient transport systems and supply chains.
MODERATOR
Sophie Punte, CEO, Life-Links
SPEAKERS
Saoirse Jones, Global Head Public Sector Solutions, Zurich Resilience Solutions
Jamie Leather, Director Transport Sector Group, Asian Development Bank
Gonzalo Alcaraz, Director General, International Road Federation
Mark Major, Senior Strategy Director, Kuehne Climate Center
Makino Taketo, Director, International Logistics Office, Logistics and Road Transport Bureau, Japan Ministry of Land Infrastructure Transport and Tourism (MLIT)
Assem Segizbayev, Deputy General Manager, Representative Office in Almaty, Nissin Corporation
Nicolette van der Jagt, Director-General, CLECAT
