All Risk News articles – Page 92
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AnalysisRe-think, Enable, Execute – a modern approach to risk management
It is time to re-think what you are doing to optimise risk, add value and get business rewards. If your focus is on control and mitigation, you will just take less-and-less risk and the result is less-and-less reward. This is Horst Simon’s of Risk Culture Builder rview for #ChangingRisk
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AnalysisHow would you risk-manage the Ethiopian Airlines crash?
Investigations are on-going as to what caused the disaster but what has ensued so far are a range of crisis risks, from reputational damage to share price loss. Risk managers offer their views on how they would lessen the impact
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AnalysisThree steps risk managers should take to gain the ears of their CFO and COO
Is the risk manager’s job to report only, conduct risk transfer only or is it compliance and control? I believe it’s value creation. Here are three tips to generating stakeholder sustainability, writes Adrian Clements, international enterprise risk manager and former risk manager at ArcelorMittal
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AnalysisRethink your risk models to leverage a competitive edge
Wind power projects can benefit from a new approach to risk management – a risk model which focuses on statistical risk modelling rather than traditional risk registers writes Jørgen Nellemose, director, risk management at K2 Management
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AnalysisRisk managers fear mergers will impact choice
Risk managers predict further consolidation of the broking sector following Marsh’s $5.6bn takeover of JLT, but fear mergers will reduce the level of choice for insurance buyers.
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AnalysisVirtual panel discussion: How to elevate risk management with risk-based decision-making
Our panellists – Alexander Larsen, Alex Sidorenko, Danny Wong, and Hans Læssøe – answer questions from the audience about how best to apply risk-based decision-making and overcome the challenges of board and c-suite engagement
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AnalysisWhat Marsh’s $5.6bn acquisition of JLT will mean for risk managers
Ever since Marsh announced that it had snapped up smaller rival JLT for $5.6bn, securing its position as the world’s largest insurance broker, risk managers have asked what it will mean for them. Today (2 April), the two firms sat down to explain
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AnalysisInsight not information: what the CEO needs from their risk manager
If the c-suite care about decision-making, opportunity and strategy, why do risk managers focus on compliance data and backward facing risk analysis? This will eventually make us obsolete, writes Adrian Clements, international enterprise risk manager and former risk manager at ArcelorMittal
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AnalysisCyber heatmaps: do we need to stop rating our risks or categorising them by colour?
Heat maps are focused on ‘risks’, but decision-makers don’t care much about the risks to avoid or mitigate. Their prime focus is on the success achieved by taking the right risks, so do we need to rethink cyber heatmaps? writes Norman Marks, renowned risk management author
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AnalysisStrategicRISK Europe Q1 2019: Let’s head to the wild side
We want our #ChangingRisk campaign to inspire you to rethink old practices, push past common misconceptions and help elevate risk management to its full potential. Be part of the change.
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AnalysisWe need to take risk management back to the shop floor
The idea that risk management was ever just the job of the risk manager is madness. And we shouldn’t just be selling that message to the C-suite but to every employee, so they feel responsible for risk management. The co-chief executive of RiskTalk, Kurt Meyer’s message for #ChangingRisk
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Analysis'The best people will leave' - ex-JLT boss' worrying view on Marsh deal
Former JLT commercial director James Twining has given a worrying and bleak assessment of Marsh’s takeover of JLT
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AnalysisLloyd’s under pressure to stamp out sexual harassment
After a devastating expose revealing a toxic culture in which sexual discrimination and harassment run rife in the Lloyd’s market, bosses have pledged to stamp it out.
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InterviewsThe science guy
Smart technologies, while great for business, are also increasing our exposure to cyber risks. But Airbus Defence and Space’s risk manager Philippe Cotelle says it’s not rocket science. His approach to cyber risk is influencing our entire industry. His first lesson? Make the tech guys your new best friends
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InterviewsTaking the temperature of risk
When Kurt Meyer took the job as head of risk and insurance for the swiss national grid, he had no idea that it would lead him to reshape the conversation around risk management.
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AnalysisHow to insure your cryptocurrency risks
Trading in cryptocurrencies used to be the domain of bedroom boffins - but now it has grown into a market worth well in excess of $100bn. However, those dealing in crypto are struggling to get insurance cover
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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
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AnalysisHow you can achieve decision-focused risk management in minutes
Prudent risk management can take minutes and can be easily be scaled up, with the right approach, says Hans Læssøe, former risk manager of The LEGO Group
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AnalysisCan Lloyd’s reinvent itself after its £1bn loss?
After more than 330 years, the venerable insurance market Lloyd’s of London has announced plans to overhaul the antiquated way it does business
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AnalysisIs the three lines of defence dead?
Mission Australia’s general manager, enterprise risk and assurance, Andrew Methven, has joined our #ChangingRisk campaign by sharing his thoughts on why 3LOD is fine as a conceptual model but is very difficult to actually make work
