Beazley starts financial lines rollout in Spain

Beazley starts financial lines rollout in Spain

Beazley starts financial lines rollout in Spain

Beazley has launched a new set of financial lines insurance products in the Spanish market for its commercial and financial institution clients. Beazley said the new products will be rolled out to other European markets – including Germany, France and Italy – during the next few months as it seeks to grow specialty lines outside the US. The new suite…

Macro political, economic and social uncertainty tops risk agenda in Italy

Macro political, economic and social uncertainty tops risk agenda in Italy

Macro political, economic and social uncertainty tops risk agenda in Italy

Italian risk managers and their bosses are just as preoccupied with the seemingly endless rise in global economic, political and social uncertainty as their peers across Europe. The Italian economy is one of the biggest in Europe and worldwide. It is particularly reliant on international trade, not least with the US. So when a new US President starts to make…

Cyber demands focus on prevention and management, not transfer

Cyber demands focus on prevention and management, not transfer

Cyber demands focus on prevention and management, not transfer

This year’s European Risk Frontiers survey has shown that cyber risk is critical and cannot be solved through insurance alone. The Italian risk managers taking part in the survey agreed with their colleagues across Europe that insurance has a role to play in managing cyber risk. But it is only a relatively small part of the toolkit needed to tackle…

Insurers urged to take more technical approach to corporate risk

Insurers urged to take more technical approach to corporate risk

Insurers urged to take more technical approach to corporate risk

Italian risk managers agree with the vast majority of their peers across Europe that the prolonged soft commercial and corporate insurance market is good news for insurance buyers. But there is concern that this represents a short-term benefit because such a competitive market does not promote a technical and truly risk-based approach to risk transfer. Italian risk managers would like…

Willis Towers Watson appoints new Italy leader

Willis Towers Watson appoints new Italy leader

Willis Towers Watson appoints new Italy leader

Willis Towers Watson has appointed Gianmarco Tosti as its new country leader for Italy. Mr Tosti will also take on the role of head of corporate risk and broking in the country. Mr Tosti has been with Willis Towers Watson for 11 years and most recently worked as head of corporate risk and broking for central and eastern Europe, Middle…

Cyber risk management needs to be a ‘shared task’

Cyber risk management needs to be a ‘shared task’

Cyber risk management needs to be a ‘shared task’

Cybersecurity needs to be an enterprise-wide responsibility and not handed over to a single individual or department, according to Paolo Volpi, casualty and special lines director at European Risk Frontiers sponsor HDI Global in Italy. Mr Volpi said that in Italy cyber is still too often the sole responsibility of IT. But, in his view, the responsibility for cyber risk…

Cyber coming of age in Italy

Cyber coming of age in Italy

Cyber coming of age in Italy

Awareness about the serious threat of cyber risk is definitely on the rise in Italy after a slow start compared to other countries, partly helped by coverage in the mass media, according to Andrea Di Giacomo, CEO of De Besi – Di Giacomo, the Rome-based member of Worldwide Broker Network (WBN), sponsor of European Risk Frontiers. Mr Di Giacomo said…

Latest risk managers sit Ferma’s rimap exam

Latest risk managers sit Ferma’s rimap exam

Latest risk managers sit Ferma’s rimap exam

Ferma held its latest rimap exams during the opening day of its forum yesterday, as it forges ahead with the scheme that has seen 32 risk managers certified to date. The exams, held in Monte Carlo yesterday, build on those previously run in Denmark and Italy. These online exams, which must be supervised by a Ferma-accredited authority, follow the launch…

Fully fledged partnerships not occurring in global programmes, warns Castelli

Fully fledged partnerships not occurring in global programmes, warns Castelli

Fully fledged partnerships not occurring in global programmes, warns Castelli

The partnership between risk managers, brokers and insurers is not working as well as it should when it comes to placing compliant and cost-effective multinational insurance programmes, according to Maurizio Castelli, senior consultant of PCA SpA and former president of Ferma. Mr Castelli said that although all parties in the risk transfer chain are liable if non-compliant programmes are placed,…

MAXIS Global Benefits Network adds Axa Italy to network

MAXIS Global Benefits Network adds Axa Italy to network

MAXIS Global Benefits Network adds Axa Italy to network

Axa Italy has become the latest member of MAXIS Global Benefits Network (GBN), the international employee benefits network co-founded by MetLife and Axa in 1998. MAXIS GBN now has partnerships with nearly 140 member insurance firms worldwide. It provides global service capabilities and delivers employee benefits solutions to clients in 110 markets around the world. Axa Italy has an extensive…

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