Ferma, Airmic and IRM embrace new version of ISO 31000

Ferma, Airmic and IRM embrace new version of ISO 31000

Ferma, Airmic and IRM embrace new version of ISO 31000

Three leading risk management bodies have welcomed the release of a revised ISO 31000, praising its focus on the role of leadership in embedding risk management. The International Organization for Standardization (ISO) published a new version of its ISO 31000 Risk Management Guidelines on Friday. The revised version is said to be a clearer and more concise guide to risk…

IRM announces ambassador for Vietnam, Cambodia and Laos

IRM announces ambassador for Vietnam, Cambodia and Laos

IRM announces ambassador for Vietnam, Cambodia and Laos

The Institute of Risk Management (IRM), a UK-based risk education body, has appointed Saman Bandara as a global ambassador for Vietnam, Cambodia and Laos as it continues to expand its operations in Asia-Pacific. Mr Bandara is head of insurance, forensics and it risk and analytics at EY Vietnam, where he has worked for 11 years. He is also a long-serving…

Unemployment tops risk list for South Africa

Unemployment tops risk list for South Africa

Unemployment tops risk list for South Africa

Structurally-high unemployment and underemployment tops the risk list for 2018 in South Africa, according to the 2018 Risk Report from the Institute of Risk Management South Africa (IRMSA). Also in its top ten list of risk by impact, revealed today, are unmanageable fraud and corruption, failure of governance, government policy, macroeconomic developments and profound political instability. In terms of most…

AMRAE teams with insurers and others to boost cyber response

AMRAE teams with insurers and others to boost cyber response

AMRAE teams with insurers and others to boost cyber response

Risk managers and insurers need to accelerate the development of cyber risk culture within their organisations, clearly explain the content of different cyber coverage options to allow easier comparisons and strengthen trust between cyber policyholders and transfer partners, according to a group of leading French experts. A working party is being created, led by the French Insurance Association (FFA) and…

French risk and insurance management community leads the way on cyber

French risk and insurance management community leads the way on cyber

French risk and insurance management community leads the way on cyber

The French risk and insurance management community deserves a big pat on the back for its ongoing efforts to sort out the cyber insurance market and make it fit for purpose for risk managers in France and across Europe. Cyber is clearly a hugely important matter for the European corporate risk management community. It offers a great opportunity for individual…

Updated ISO 31000 released

Updated ISO 31000 released

Updated ISO 31000 released

International risk management standard ISO 31000 – Risk Management Principles and Guidelines – was updated on Friday to address new risks facing business, following a consultation with industry and other stakeholders. The new, shorter version addresses changes to the risk environment since ISO 31000 was first published in 2009. In particular, it looks to address more complex economic systems and…

Ferma plans moves to boost cyber insurance

Ferma plans moves to boost cyber insurance

Ferma plans moves to boost cyber insurance

Ferma is planning guidance on buying cyber insurance to help risk managers obtain cover that better reflects their needs. Following the publication of its cyber risk management and governance guide in June 2017, Ferma envisages publishing guidance later this year on purchasing cyber insurance. The report would be intended as a tool to help risk managers compare different cyber insurance…

AMRAE publishes GDPR and cyber research

AMRAE publishes GDPR and cyber research

AMRAE publishes GDPR and cyber research

The French risk management association AMRAE has published a technical guide to the General Data Protection Regulation (GDPR), with more cyber risk-related research in the pipeline. AMRAE published its GDPR technical guide in partnership with CGI business consulting. The paper provides risk managers with a guide to implementing the GDPR in France. It covers the basics of the GDPR, but…

Best but most difficult time to be in risk, says senior broker

Best but most difficult time to be in risk, says senior broker

Best but most difficult time to be in risk, says senior broker

There has never been a better but more difficult time to be in the risk business as opportunities abound but complexity rises, attendees at the 26th Rencontres de l’AMRAE were told this week. Speaking during a roundtable at the event, Todd Jones, head of global corporate risks and broking at Willis Towers Watson, said: “I’ve been coming to this kind…

Ferma and CRE launch 2018 Risk Awards

Ferma and CRE launch 2018 Risk Awards

Ferma and CRE launch 2018 Risk Awards

Ferma and Commercial risk Europe are pleased to announce the launch of our European Risk Management Awards programme for 2018, which aims to promote the value and standing of risk management in Europe, culminating in a gala dinner in Brussels this November. This year’s programme will see a new Emerging Risk Initiative of the Year award for risk managers, as…

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