Airmic seeks to deliver tomorrow’s risk leaders

Airmic seeks to deliver tomorrow’s risk leaders

Airmic seeks to deliver tomorrow’s risk leaders

Airmic has launched its 2018/19 Risk Leadership Programme that aims to turn today’s senior risk professionals into tomorrow’s risk leaders. This follows the successful launch of the first Risk Leadership Programme this September. The programme is aimed at risk managers on the cusp of leadership roles, who want to take the next step in their career. It is entirely focused…

Ferma concerned that buyers’ view missing from EU cyber insurance report

Ferma concerned that buyers’ view missing from EU cyber insurance report

Ferma concerned that buyers’ view missing from EU cyber insurance report

Ferma has welcomed the publication of an EU report on standardising various aspects of cyber insurance, but “regrets” that the voice of buyers is not represented, with evidence gathered only from the insurance industry. In particular, Ferma is concerned that the Commonality of Risk Assessment Language in Cyber Insurance report by the European Union Agency for Network and Information Security…

ENISA calls for standardisation of cyber insurance

ENISA calls for standardisation of cyber insurance

ENISA calls for standardisation of cyber insurance

The European Union Agency for Network and Information Security (ENISA) has called on the insurance industry and policymakers to standardise cyber insurance coverage, language and risk assessments, in a major new report. In its report published on Wednesday (15 Nov), the EU’s cybersecurity agency makes several recommendations for policymakers and insurers, aimed at harmonising cyber insurance in a bid to…

NFIP reauthorisation to 2022 passed by House of Representatives

NFIP reauthorisation to 2022 passed by House of Representatives

NFIP reauthorisation to 2022 passed by House of Representatives

Risk management society RIMS has called on the US Senate to follow the lead of the House of Representatives this week and reauthorise the National Flood Insurance Program (NFIP) before it expires on 8 December. Reauthorisation under the proposed House bill would extend the NFIP until 2022. Welcoming the decision by the House of Representatives on Tuesday, RIMS vice-president Robert…

IRMSA launches next round of exams

IRMSA launches next round of exams

IRMSA launches next round of exams

The Institute of Risk Management South Africa (IRMSA) has just opened applications for the next round of exams. Risk managers can apply to sit the Occupational Certificate Organisational Risk Manager Level 6, with a state date of 20 April 2018. IRMSA said: “The purpose of this qualification is to prepare a learner to be able to manage risk management plans…

Insurers not doing enough with technology and innovation, say risk managers

Insurers not doing enough with technology and innovation, say risk managers

Insurers not doing enough with technology and innovation, say risk managers

Asia’s Risk managers have such low expectations of insurers’ and their ability to innovate that two thirds of them believe they will never receive a policy document on the day of inception in their lifetime. This revelation was one of the more striking findings from this year’s Risk Frontiers Asia survey, produced by Commercial Risk Asia in partnership with Parima…

Parima targets career progression for risk managers in 2018

Parima targets career progression for risk managers in 2018

Parima targets career progression for risk managers in 2018

The Pan-Asia Risk and Insurance Management Association (Parima) is prioritising the career progression of its members in 2018, according to executive director Stacey Huang. “We have four areas we want to concentrate on in 2018 – a career portal, a mentoring programme, a certification supplement programme, and our conferences for next year,” Ms Huang told Commercial Risk Asia. Parima has…

RIMS survey finds ERM on the rise

RIMS survey finds ERM on the rise

RIMS survey finds ERM on the rise

Three quarters (73%) of global RIMS member companies have either fully or partially integrated enterprise risk management (ERM) programmes, up from half of companies in 2013, according to the association’s 2017 ERM Benchmark Survey. But only a quarter have fully implemented ERM programmes. The financial sector reported higher than average integration of ERM systems at 92%, which RIMS said follows…

Eberhard Faller wins European Risk Manager of the Year

Eberhard Faller wins European Risk Manager of the Year

Eberhard Faller wins European Risk Manager of the Year

Eberhard Faller, senior vice-president of central insurances at BASF, was named European Risk Manager of the Year at a gala dinner in London last night. He took the leading prize on an evening when winners of the other Excellence in Risk Management categories were announced, along with those from the Excellence in Customer Services and Individual Achievement shortlists. Mr Faller,…

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