Of course the insurers argue that it is difficult to deliver new solutions for emerging risks if there is little loss history and if their customers are reluctant to share what information they hold.

Speaking at this year’s DVS conference Agostino Galvagni, CEO of Corporate Solutions and Member of the Group Executive Committee at Swiss Re, told delegates that for many of the emerging risk trends insurance solutions are becoming available.

Although he stressed the need for insurers to get on top of new risks early in order to provide timely and suitable solutions.

Whether or not you agree with Mr Galvagni may depend on where you sit in the risk transfer chain.

In a changing risk landscape the DVS says it is trying hard to force insurers to develop and offer new coverages to better meet its members needs and concerns.

And part of that strategy is the roundtable meeting with leading insurers that will take place in the coming months also supported by the BfV.

The theory goes that by working together those from both sides of the risk transfer divide can help to plug the coverage gaps.

Only last week Commercial Risk Europe was in Oslo where a Swiss Re conference also concluded that business, insurers and reinsures should sit down together in order to help solve some of these issues.

And on the record insurers do appear willing and able to listen to buyers’ concerns.

But there are mumblings amongst some insurers in the bars of the Hotel Westin Grand Munich, where the DVS is gathered this week, that whilst talk is great risk managers expect a fairy tale ending.

And it is also noted that they have yet to clearly indicate what exactly it is they want and how they expect insurers to deliver their wishes.

Furthermore some insures appear concerned that discussion at the roundtable may infringe upon competition rules that regulate the insurance industry. It appears at times too easy to criticise insurers for their apparent lack of innovation when solutions are never easy.

And of course insurers can only sell products when they know the risk they themselves will be facing. And this takes time, effort and money.

They certainly need continued help and direction from the DVS and risk managers in general.

So rather than force insurers to deliver better products, it seems that the DVS should rather encourage and help them to do so when they sit down for discussions.

But whilst some people may argue that talk is cheap it is often the first step on the road to redemption.

And, as Klaus Greimel, Managing Director of the DVS told CRE: ‘We know that it is not easy to achieve a sufficient and quick solution. It might be a longer path, but it is worth taking every single step.”

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