All Risk News articles – Page 104
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Analysis
Don’t rely on GL to cover environmental risks, report warns
Environmental risks have grown as the world gets smaller and more interconnected, insurer Chubb and law firm Clyde & Co argue, in a new environmental risk report
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Analysis
Risk management as a service – a threat to insurers
Underwriters may find they are judged by their AI algorithms in future, cloud tech firm Pegasystems has warned
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Expert Views
Expert view: If you think safety is expensive, try a loss
Never underestimate the human factor in a potential loss event, because you could suffer losses that could be easily prevent, writes Swiss Re Corporate Solutions
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Analysis
Political risks on the radar – Marsh
Marsh’s Richard Smith-Bingham says clients are worried about Brexit and other political risks
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Analysis
Tech risk needs creative response - Airmic panel
Technology poses “biggest challenge” to risk managers, expert tells Airmic panel
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Analysis
Intangible threats moving insurers closer to risk management
Marsh’s chief client officer Ailsa King said insurers will put more focus on risk mitigation efforts to cope with intangible risks
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Analysis
Lessons learnt when Ryanair flight FR-9672 avoided a fatal collision
The airline’s near-miss in 2005 places human error and performance at the centre of risk prevention discussions during a StrategicRISK roundtable
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Analysis
Don't get lazy on ERM, RIMS warns
The Risk and Insurance Management Society published its report on enterprise risk management 10 years after the financial crisis
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Analysis
Cheaper covers if crisis plans in place
Insurers have told of the importance of a having plans in place to protect reputation
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Analysis
Predictive analytics push by FM Global
Commercial property insurer FM Global is using predictive analytics to create a list of its riskiest insured facilities, with improving accuracy
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Analysis
Brokers suggest Bermuda for insuring GDPR fines
Bermuda was cited by underwriters at several large insurers, speaking to StrategicRISK about potential jurisdictions outside the EU that brokers are suggesting could be used to insure GDPR fines
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Analysis
Volatile geopolitics to foment regulatory change – Aubert
Brexit and Trump have redefined political risk but the regulatory fallout is yet to happen, thinks Willis Towers Watson’s Nicolas Aubert
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Analysis
Work around the client’s needs, not the other way around – RSA’s Buckle
Too many insurers expect their commercial clients to navigate the insurance sector’s quirks, rather than designing protection around the customer
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Analysis
What’s on the drawing board at Airmic?
Digital transformation, balancing old and new skills, and integrating risk throughout the business are overarching focuses for Julia Graham, Airmic’s deputy CEO and technical director
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Analysis
The role corporate culture plays in shifting risk management from operations to strategy
Risk management is at a turning point, pivoting from an operational to a strategic role. Corporate culture – the way risk is treated and the way we treat those involved in loss events – is critical to that change.
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Analysis
GDPR withdrawals “short-sighted” – Ventiv
Withdrawing from Europe because of GDPR is short-sighted, Ventiv warns, because other jurisdictions are coming up with similar rules
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Analysis
Reputational threat key supply chain risk
Threats to reputation are increasingly dangerous within the supply chain, according to Paul Goulding, Airmic board member and head of insurance at Heathrow Airport
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Analysis
Cyber insurance should be a partnership
Cyber risk coverage ought to be considered as a partnership between insurer, broker and insured, according to one of Airmic’s board members, who also serves as insurance director at BT Group
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Analysis
Jardine makes the case for D&I at Lloyd’s talk
Diversity and inclusion brings business benefits as well as better ethics, emphasised XL Catlin’s Paul Jardine
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Analysis
Q&A: Multinational insurance programmes fit for the future
As business models evolve, the demand for multinational insurance programmes has grown. Steve Liberda, UK head of multinational business development at AIG, tells us more