Time for insurers to step up

Time for insurers to step up

Time for insurers to step up

Anne-Marie Fournier, AMRAE board member and risk manager at luxury brands group Kering, told Adrian Ladbury that risk managers in France and the rest of Europe face an unprecedented level of risk that represents both a challenge and opportunity. Speaking in her capacity as an AMRAE committee member, Ms Fournier explained that she would like to see the insurance market…

Time to shift from awareness to action on cyber: Cotelle

Time to shift from awareness to action on cyber: Cotelle

Time to shift from awareness to action on cyber: Cotelle

We spoke to Philippe Cotelle, head of insurance and risk management at Airbus Defence & Space since 2014, is a recognised expert on cyber risk management. He is working hard at national level with AMRAE and on a pan-European level with Ferma to raise awarenessof the risk and value that structured risk management can bring. Mr Cotelle, who trained as…

Who will be the cyber winners?

Who will be the cyber winners?

Who will be the cyber winners?

It will not surprise many that this year’s European Risk Frontiers survey of leading risk managers has found macropolitical and economic uncertainty at the top of the risk agenda in virtually all decent-sized corporations. It will also surprise few that corporate risk and insurance managers across Europe remain frustrated by the apparent inability of the insurance market to break out…

AMRAE focuses on cyber to help show value of risk management

AMRAE focuses on cyber to help show value of risk management

AMRAE focuses on cyber to help show value of risk management

Cyber risk is a hot topic in France, as elsewhere in Europe. Brigitte Bouquot, president of AMRAE, and her team are working to help French business combat the rising problem and showcase the value that structured risk and insurance management can bring to the table. AMRAE is working with the French government, as well as other important representative bodies and…

Bigger shocks demand more spend on risk management

Bigger shocks demand more spend on risk management

Bigger shocks demand more spend on risk management

The move towards a connected, smarter world will create more frequent and severe large shocks, suggesting risk management resources will need to increase, according to speakers at this year’s Cambridge Centre for Risk Studies (CRS) annual summit. The so-called smarter world is likely to result in increased complexity and connectivity, as well as greater vulnerability to extreme shocks, according to…

Profound impact on jobs and wages from AI

Profound impact on jobs and wages from AI

Profound impact on jobs and wages from AI

Advances in robotics, artificial intelligence (AI) and machine learning are set to transform the jobs market, reshaping roles and changing the supply/ demand dynamic, according to a speaker at the Cambridge Centre for Risk Studies summit. AI is a key driver behind acceleration towards the automation of tasks that are currently carried out by humans. Driverless cars are one of…

Cards on the table

Cards on the table

Cards on the table

CRE caught up with Carsten Scheffel, Allianz Global Corporate & Specialty’s (AGCS) board member and chief regions and markets officer covering the Nordics, South America and Asia, as well as head of its regional unit London. Mr Scheffel was refreshingly open and frank in response to some of the big complaints from buyers about how the insurance market currently operates.…

Communication is key

Communication is key

Communication is key

Johnny Merlot is group and corporate insurance director at Orange, the Paris-based global telecommunications group, and co-author of a recently published book on international insurance programmes. Commercial Risk Europe’s Adrian Ladbury met Mr Merlot in Paris for out European Risk Frontiers survey to ask how he sees the world of risk. Adrian Ladbury (AL): What do you see as the…

Expert says no need for Spanish companies to panic over GDPR

Expert says no need for Spanish companies to panic over GDPR

Expert says no need for Spanish companies to panic over GDPR

The EU’s General Data Protection Regulation (GDPR) that comes into force in May 2018 should not throw Spanish risk managers into panic, because the country already has strict data protection rules, according to Alejandro Ramos, chief information security officer of Spanish telecommunications giant Telefónica. Mr Ramos told risk managers at the recent Risk Frontiers Madrid conference, hosted by Commercial Risk…

Companies must not freeze in face of bewildering array of risks

Companies must not freeze in face of bewildering array of risks

Companies must not freeze in face of bewildering array of risks

Companies cannot allow the sheer range and scale of threats currently facing European businesses to deter them from taking risks in pursuit of profit and expansion, according to a leading Spanish risk manager. This year’s European Risk Frontiers survey, carried out by Commercial Risk Europe with risk managers from across the continent, has found that recent events such as global…

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