Global space industry event heads to Dubai
Over 400 leaders from the global space industry are meeting to discuss risk management next month at the Fairmont Palm hotel in Dubai.
The theme of this year's World Space Risk Forum (WSRF) is 'Unlocking Business in Space'. The main goal of the three-day conference is to understand and mitigate risks, and share thoughts on promoting business development and exploration in Space.
The leading global forum for space development brings together satellite operators, manufacturers, launch providers, space agencies, risk managers, insurance brokers, underwriters, lawyers, and capital providers.
This year the WSRF has been further strengthened by strategic partnerships with Euroconsult, the leading global consulting firm specializing in space markets, and the Mohammed Bin Rashid Space Centre (MBRSC).
Laurent Lemaire, organising host of the WSRF and Chairman and CEO of DIFC-based elseco, the world’s largest space underwriting entity, said:
“Space is our tomorrow and holds the key to the continued evolution of mankind. It’s not surprising that the UAE as a forward thinking and pioneering nation has made a strategic bet to invest and grow the space sector. This is the fourth time that we will be holding the WSRF in Dubai and the conference has grown in significance and continued to innovate.”
The agenda is comprehensive and encompasses topics including manufacturing and design innovations, regulatory and legal trends and implications, cyber and space debris risks, access to capital, and the impact of technology and new applications.
Salem Al Marri, Assistant Director General for Scientific and Technical Affairs at MBRSC, commented upon the partnership with WSRF 2016, saying: “We are honoured as Emiratis to be hosting the World Space Risk Forum of 2016 here in Dubai, and also on behalf of the Mohamed bin Rashid Space Centre, I would like to express my pleasure to be a partner of the forum, which we have offered our continued support to, since 2010. What we continue to strive for, with forums such as the World Space Risk Forum here in Dubai, is to continue working on creating a sustainable framework for space activity that matches the requirements of the rapid growth of the sector.”
Read the October 2016 issue of Business Review Middle East magazine
5 minutes with... Janthana Kaenprakhamroy, CEO, Tapoly
Founder and CEO of award-winning insurtech firm Tapoly, Janthana Kaenprakhamroy heads up Europe’s first on-demand insurance platform for the gig economy, winning industry awards, innovating in the digital insurance space, and leading with inclusivity.
Here, Business Chief talks to Janthana about her leadership style and skills.
What do you do, in a nutshell?
I’m founder and CEO of Tapoly, a digital MGA providing a full stack of commercial lines insurance specifically for SMEs and freelancers, as well as a SaaS solution to connect insurers with their distribution partners. We build bespoke, end-to-end platforms encompassing the whole customer journey, but can also integrate our APIs within existing systems. We were proud to win Insurance Provider of the Year at the British Small Business Awards 2018 and receive silver in the Insurtech category at the Efma & Accenture Innovation in Insurance Awards 2019.
How would you describe your leadership style?
I try to be as inclusive a leader as possible. I’m committed to creating space for everyone to shine. Many of the roles at Tapoly are performed by women and I speak at industry events to encourage more people to get involved in insurance/insurtech. Similarly, I always try to maintain a growth mindset. I think it’s important to retain values to support learning and development, like reliability, working hard and punctuality.
What’s the best leadership advice you’ve received?
Build your network and seek advice. As a leader, you need smart people around you to help you grow your business. It’s not about personally being the best, but being able to find resources and get help where needed.
How do you see leadership changing in a COVID world?
I think the pandemic has proven the importance of inclusive leadership so that everyone feels supported and valued. It’s also shown the importance of being flexible as a leader. We’ve had to remain adaptable to continue delivering high levels of customer service. This flexibility has also been important when supporting employees as everyone has had individual pressures to deal with during this time. Leaders should continue to embed this flexibility within their organisations moving forward.
They say ‘from every crisis comes opportunity’, what opportunities do you see?
The past year has been challenging, but it has also proven the importance of digital transformation in insurance. When working from home was required, it was much harder for insurers to adjust who had not embedded technology within their operating processes because they did not have data stored in the cloud and it caused communication delays with concerned customers at a time when this communication should have been a priority, which ultimately impacts the level of customer satisfaction. This demonstrates the importance of what we are trying to achieve at Tapoly in driving digitalisation in insurance and making communication between insurers and distribution partners seamless.
What advice would you give to your younger self just starting out in the industry?
Start sooner, don’t be afraid to take (calculated) risks and make sure you raise enough money to get you through the initial seed stage.