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The Asian Captive Conference 2020 - Virtual Conference


Prior to the pandemic outbreak, risk management professionals were already bracing for a hardening insurance market as global policy pricings continued to climb. Nearing a year later, risk and insurance managers are still coming to terms with the unpredictable nature of COVID-19, its effects on humanity and business.

Against this landscape the 3rd Asian Captive Conference (ACC 2020) is themed "Agility in the COVID Climate" will be held virtually on 13 November 2020 at 10.00AM (GMT +8). The conference will bring insights into what to expect in 2021, as the pandemic continues seemingly unabated.

Join us at this highly anticipated event organised by Labuan International Business and Financial Centre and the Labuan International Insurance Association, in tandem with the PARIMA Digital Conference 2020/Resilience Week on 9 - 13 November.

Please visit the Digital Conference 2020 event website for information and complimentary registration.


    Danial is the Director-General of Labuan FSA, the regulatory agency of Labuan International Business and Financial Centre. Danial assumed the position of Director-General with effect from 3 October 2017. Prior to this, he was the Deputy Director-General of Labuan FSA, a position he held since 2007. He has worked in Labuan FSA since the early years of the establishment and had held various positions in the organisation. Danial is a member of the Executive Committee of the International Islamic Financial Market (IIFM), Financial Stability Committee as well as Board member of the IIFM, Labuan IBFC Incorporated Sdn Bhd, LabuanFSA Incorporated Sdn Bhd and Pristine Era Sdn Bhd.

    Danial is a Chartered Accountant registered with the Malaysia Institute of Accountants and also an Associate Member of the Institute of Bankers Malaysia. He holds a Bachelor of Accounting from the University of Malaya and a Masters in Business Administration (with Distinction) from Manchester Business School, United Kingdom.


    Roy Sharma is the current Chairman of the Labuan International Insurance Association as well as the Principal Officer and Managing Director of Asia Reinsurance Brokers (Labuan) Ltd.

    Other than being the country manager for Malaysia in role at Asia Reinsurance Brokers, he is also responsible for developing and assisting their clients in Asia in certain specialised areas of insurance. His specialised areas include Political, Project & Credit Risk Insurance, Professional Indemnity, Management Liability Insurance, Financial Lines Insurance, Casualty Insurance, Extended Warranty Insurance and Affinity & Niche Solutions. 

    He is a sought after speaker and has presented a variety of papers in conferences and conducted numerous training seminars for insurance companies and insurance buyers around the region.

    Roy also serves as the President Commissioner of PT ARB Indonesia and a Board member of ARB’s parent company.


    Dr Cai Glushak has been the Chief Medical Officer and International Medical Director AXA Partners since 2006. He is also President of European Aeromedical Institute (EURAMI) – an accreditor of air ambulances and medical escort services, as well as Clinical Professor of Medicine at the University of Chicago.

    Dr Glushak has advised AXA Partners and AXA Group on multiple outbreaks and other global crisis including SARS-1, H1N1, MERS, Ebola. He is also experienced in advising multiple corporations on travel policy & precautions and pandemic response.


    Ariel joined Marsh in April 2016 and is currently overseeing the operations of Marsh Management Services Labuan Limited, which provides captive advisory services and delivers captive management services.

    She is responsible for Marsh's portfolio of clients domiciled in Labuan including 3 captive insurance companies, a life reinsurer and a protected cell captive. Her primary duties include acting as the client contact, underwriting and claims functions.

    Before her secondment to Labuan in 2019, her main focus was on captive-related business development in China. She has been involved in conducting feasibility studies and risk tolerance analysis for Chinese state owned enterprises as well as private corporates.


    Farah Jaafar-Crossby is the Chief Executive Officer of Labuan IBFC Incorporated Sdn Bhd (LIBFC Inc.), the official promotion and marketing agency for Labuan International Business and Financial Centre (Labuan IBFC) since January 2018. She brings with her more than 20 years of experience in capital markets and the wholesale financial services sector, putting her in good stead to promote Labuan IBFC as the preferred midshore jurisdiction in Asia Pacific.

    Farah was formerly attached to the Asian Institute of Finance and Bursa Malaysia, where she was involved in senior market development and strategic communications roles. She also managed the Association of Stock Broking Companies Malaysia, the industry lobby group representing Malaysian stockbrokers, allowing her a unique insight and hands on experience with issues surrounding multiple stakeholder management. Farah has a LLB (Hons) from Sheffield University, United Kingdom.


    Malcolm is Managing Director of Cutts-Watson Consulting. 

    With over four decades in the alternative risk industry, Malcolm has gained an unique insight into captives and a sophisticated outlook for the future. He is a member of the Captive Hall of Fame that recognises outstanding contribution to the industry over the past 50 years.

    Malcolm has advised many Asian corporates and governments on captive strategy and spent time in China fostering the use of captives.


    Thomas joined Swiss Re Corporate Solution's Innovative Risk Solutions team in May 2016 with its mandate to lead the parametric insurance and captive solution development, as well as product development for revenue protection/business interruption. Since 1 April 2020, he is Swiss Re Corporate Solution's Global Captive Solutions Leader. 

    He joined Swiss Re in 1994, held several positions in the areas of structured (re)insurance and alternative risk transfer solutions. In 2000, Thomas joined Zurich Financial Services for their reinsurance unit’s Initial Public Offering under the name of Converium (now Scor). He re-joined Swiss Re in 2006 to head up Swiss Re Corporate Solution's Asia Pacific region for 5 years and was based in Singapore. Returning to Switzerland in 2011, he assumed GSA regional management responsibility and was leading the Specialty Lines practice for EMEA. Thomas holds a Master of Science in Economics and Business Administration from the University of Zurich.

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