New York City skyline at night

Encubay × Boda Group · New York

The New Risk Economy

Insurance, AI & Cross-Border Capital

Who Carries the Risk of the AI Economy?

A private conversation on AI, infrastructure, capital and the evolving role of insurance.

Request an Invitation

29 September 2026 · 5 PM onwards · West Chelsea, New York

The New Risk Economy

Insurance, AI & Cross-Border Capital

Global network illustrating AI, insurance and cross-border capital flows

The world of risk is being fundamentally reshaped.

Artificial intelligence is transforming how businesses assess, price and manage risk, while geopolitical shifts, evolving regulation, cyber threats and increasingly interconnected markets are changing the nature of exposure itself. At the same time, capital is becoming increasingly global, creating new opportunities—and new complexities—for insurers, investors and financial institutions operating across borders.

The New Risk Economy is a closed-door executive roundtable bringing together a select group of leaders from insurance, financial services, investment, technology and the broader business ecosystem to examine what comes next.

AI & the future of insurance

How AI is changing underwriting, claims, risk assessment and insurance distribution.

The changing nature of risk

From cyber and climate to geopolitical and technology-led risks, what risks are businesses preparing for next?

Cross-border capital flows

How global capital is moving across markets, and what this means for insurance and financial institutions.

Trust, data & regulation

Balancing innovation with governance, transparency, privacy and regulatory expectations.

New insurance models

Where technology, embedded insurance and alternative risk solutions are creating new opportunities.

The convergence of insurance & investment

How insurers, investors and asset managers can address emerging risks and unlock new pools of capital.

Global business leaders gathered around a private roundtable

Why this conversation matters

The next decade will not simply bring new risks — it will change how risk is understood, priced, transferred, and financed.

This roundtable is designed to create a candid, high-quality exchange between leaders navigating these shifts firsthand, with a focus on insights, opportunities and actionable perspectives rather than presentations or pitches.

The discussion will be invite-only and held under Chatham House Rule, enabling participants to share perspectives openly and meaningfully.

The room

Insurance | Reinsurance | Banking | Asset Management | Private Capital | FinTech | AI & Technology | Risk & Regulation | Global Business

We look forward to convening an exceptional group of leaders for a conversation on what the new risk economy will mean for capital, businesses and markets globally.

AI infrastructure overlooking a connected global economy

Why This Conversation, Now?

Risk is becoming part of the infrastructure of capital.

AI infrastructure is scaling faster than conventional risk models. Technology can age before its financing matures, while concentrated assets and limited insurance capacity put the bankability of major projects under pressure.

Insurance is no longer only protection around an investment. It can determine whether that investment gets built.

A data centre sheltered beneath a protective dome

The new risk equation

  1. 01Long-duration capital
  2. 02Shorter-duration technology
  3. 03Concentrated physical assets
  4. 04Limited insurance capacity

Emerging protection

Parametric downtime · Technology performance guarantees · Residual-value protection

What should be insurable in an AI economy — and what shouldn't be?

Introducing J.B. Boda

J.B. Boda Group leadership team

J.B. Boda operates from 38 offices — 27 across India, eleven internationally — spanning insurance and reinsurance broking for life and non-life, loss survey and pre-shipment inspection, protection and indemnity, asset valuation and risk management.

Experience placing complex risk across oil and energy, engineering and construction, ports and terminals, shipping, manufacturing, BFSI and IT — the sectors whose project and financing structures data centres have now borrowed.

1943

Founded — the first Indian multinational in re/insurance broking

525+

Global insurer and reinsurer relationships

95+

Countries in which the Group places risk

1,000+

Brokers, risk managers, valuers and surveyors

Venue Partners

XDC Tech logo

About XDC Tech

XDC Tech provides institutional-grade infrastructure built on the XDC Network, enabling financial institutions and enterprises to leverage blockchain for real-world financial applications. Its infrastructure supports real-world asset tokenization, trade finance, cross-border payments, and digital financial markets, with a focus on scalability, interoperability, compliance, and security.

Through XDC's EVM-compatible architecture, private subnets, and enterprise-focused tooling, institutions can build and deploy blockchain solutions while maintaining control over governance, privacy, and regulatory requirements.

Thought Leaders Pioneering this Conversation

Gautam Boda, Group Vice Chairman and Managing Director of J.B. Boda Group

Your host

Gautam Boda

Group Vice Chairman & Managing Director
J.B. Boda Group

Chairman, International Benefits Network

Board Director and Asia-Pacific Regional Chair, Assurex Global — thirteen years

CII National Committee on Insurance & Pensions

Brought RIMS into India; strategic alliance with PARIMA, 2023

He spent thirteen years on the board of an American broker network. He is not a visitor here.

Gautam Boda joined the firm his grandfather founded in 1943 as an officer in 1994. He learned underwriting, claims, client service and reinsurance from the ground up before leading the Group's global insurance, reinsurance, risk consulting and maritime operations.

He built the Group's international insurer relationships and global programmes for multinationals in India and Indian companies investing abroad. He also launched its Ports & Terminals and Employee Benefits verticals, advanced its technology platforms, and expanded its presence across Asia, Africa, Europe and the Middle East.

He chairs the International Benefits Network and spent thirteen years as an Assurex Global board director and Asia-Pacific regional chair. He brought RIMS into India, formed an alliance with PARIMA, and represents the industry on CII's National Committee on Insurance & Pensions.

Bringing the American risk-management profession into India was his first corridor. Insuring American capital inside India is the next one.

Achutha Ajay, Executive Director of J. B. Boda Insurance & Reinsurance Brokers Pvt. Ltd.

Speaker

Achutha Ajay

Executive Director
J. B. Boda Insurance & Reinsurance Brokers Pvt. Ltd.

Achutha Ajay brings over three decades of experience in the insurance industry, with a career spanning corporate insurance, underwriting, client servicing and global insurance programmes. He has worked with Oriental Insurance, Reliance General Insurance and IFFCO-Tokio General Insurance in India, as well as Abu Dhabi National Insurance Company in the UAE, where he worked as a Liability Underwriter.

As Executive Director at J.B. Boda Insurance & Reinsurance Brokers, he leads operations in Bangalore and works closely with multinational accounts, the Group's international business team and partners across global markets. He is responsible for the placement of global insurance programmes for India-based clients, while also driving client relationships, cross-selling and business development.

Why Encubay?

Encubay logo

Global Infrastructure for International Business & Capital Transfer

The most important conversations about AI risk cannot happen within one industry.

They require perspectives from technology, infrastructure, finance, investment and insurance.

Encubay creates the platform for those conversations — bringing together senior leaders, entrepreneurs, investors and decision-makers to explore the forces reshaping business and capital.

As AI becomes critical infrastructure, are our models of risk keeping up?

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Founders and investors at the Barclays × Encubay forum
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Attendees at the Encubay × Prosus mixer in New York
Prosus, New York
A guest listening at an Encubay session in Abu Dhabi
Abu Dhabi
A panel discussion at the Encubay Davos edition
Davos
Guests in a private fireside conversation

A Private Fireside Conversation

AI Risk Gap: Who Carries the Risk of the AI Economy?

Encubay × Boda Group · New York

29 September 2026 · 5 PM onwards

West Chelsea, New York

An invitation-only conversation for leaders across technology, infrastructure, investment, finance and insurance.

Request an Invitation