Analysis – Page 16
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AnalysisWill insurers join us in the future?
The ever-shifting business landscape means all too often new risks are labelled ‘uninsurable’. But insurers do want to change this. Our latest campaign, #ChangingInsurance, aims to push things forward
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AnalysisRisk monitoring: 6 considerations for understanding this make or break moment
Businesses take risks all the time but fail to monitor and manage these risks effectively, but Carol Williams, enterprise risk management consultant and founder of ERM Insights, has some tips to ensure risk monitoring is done in a way
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AnalysisTop risks: a consolidated analysis
We are bombarded by numerous reports of the top risks to companies now and in the future. But what do they really mean for risk managers? Gabriel Souza, risk management specialist takes a detailed look at six risk reports and has this analysis
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AnalysisPlaying for the defence: what risk managers can learn from football
From Paolo Maldini to Sir Alex Ferguson, risk managers can learn from the strategies deployed on the football pitch. And the greatest lessons come from the invisible defender: the goalkeeper or, in other words, the risk manager, writes Adriano Lanzilotto, vice-president, client service manager, (London operations) at FM Global
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AnalysisWhere should risk management be placed within the governance structure of a business?
As long as risk managers have access to the decision-makers at the top table, it doesn’t matter where they fit within the organisational structure. But there are arguments for why risk management should sit with internal audit, writes Alex Sidorenko, chief executive of Risk Academy
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AnalysisBusinesses have not done enough to protect intangible assets
Firms have not done enough to protect their core assets, which go far beyond the bricks and mortar of factories and offices, Airmic delegates have been warned
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AnalysisAvoid emerging risk blindness with a 12-point checklist
Too much focus on near-term of visible risks will put companies at risk. But a 12-point checklist by Airmic and Marsh could help shake up risk assessment and enhance risk management practices
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AnalysisWe need new answers to new risks
Businesses have shorter lifespans, fewer physical assets and are more leveraged on their balance sheets than ever before. The future is daunting and we need new solutions, warns Airmic’s chief executive
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AnalysisInterconnected business makes collaboration 'imperitive', Airmic
New Airmic report, published at the 2019 conference, demands action from risk managers, senior management and the insurance market to rewire their organisations to ensure they have the necessary skills, structures and agility to keep pace.
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AnalysisWhat’s in a name?
While Juliet Capulet contested the value of ‘a name’ in William Shakespeare’s, Romeo and Juliet, a lot can, in fact, be achieved from changing a name, writes Patrick Smith, director of Acumen Advisory, and principal of Airmic Academy
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AnalysisBe part of the #ChangingRisk Community
We surveyed risk managers from across the world for their views on what needs to change in risk management. Here’s a preview of the results
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AnalysisCrisis management 101
If we asked each company how their crisis plans are structured and managed, we will likely see inconsistencies, out-of-date procedures; ill-prepared stakeholders, says Gabriel Souza, risk management specialist. Here’s his advice
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AnalysisWhat is strategy? That’s the question
Much has been written about the risk leader of the future, but there is less agreement as to how exactly this person can be strategic in their approach. Darren Munday, partner at ICG, gives us the ‘how’ and proposes a structured approach to horizon scanning, in our latest #ChangingRisk article
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AnalysisA new definition for emerging risks
Emerging risks are arguably hard to define, so the Cambridge Centre for Risk Studies has created its own its definition
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AnalysisFerma launches new manifesto promoting sustainability, education and digital transformation
On “Europe Day”, Ferma has launched a new manifesto outlining the key risk management priorities for the upcoming European elections
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AnalysisThe risk manager’s job is no longer about risk defence
We are facing a paradigm shift. Risk management cannot be defensive anymore. Risk management must support the businesses and should be at the root of organisational strategy. Brigitte Bouquot, Amrae president and risk manager for Thales lays out her vision for #ChangingRisk
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AnalysisRisk management systems versus risk management process
Process management achieves results through planning and system management manages various components that must work together to achieve an objective. Here’s how the two should work, writes Adrian Clements, international enterprise risk manager
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AnalysisFinally, an effective alternative to risk matrices
Alternatives to risk matrices have been around for decades, the question is why aren’t risk managers using more effective methods? Alex Sidorenko, chief executive of Risk Academy, outlines the steps to enhancing the use of matrices
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AnalysisPushing nat cats up the chain of command
CFOs are increasingly being held accountable for losses arising from nat cat events. Their best defence? To team-up with their risk manager
