Brexit should have minimal impact on insurance buyers says Airmic

Brexit should have minimal impact on insurance buyers says Airmic

Brexit should have minimal impact on insurance buyers says Airmic

As the UK triggers the process of leaving the EU, its insurance and risk management association Airmic has said there should be only a minimal impact on insurance buyers. The UK fired the starting gun on the Brexit process this week, triggering Article 50 of the Lisbon Treaty by notifying the EU of its intent to leave. While not catastrophic,…

Airmic raises concern over broker conflicts of interest

Airmic raises concern over broker conflicts of interest

Airmic raises concern over broker conflicts of interest

Airmic has raised concern over conflicts of interest in brokers’ business models, calling for more transparency over how intermediaries operate and are remunerated. In a report to be published later this month, Airmic urges buyers to ensure they better understand how their brokers are paid and asks the market to work with members to allay their fears. The association flags…

Ferma and CRE launch European Risk Management Awards 2017

Ferma and CRE launch European Risk Management Awards 2017

Ferma and CRE launch European Risk Management Awards 2017

Following a successful inaugural event last year, Ferma and Commercial Risk Europe are delighted to announce the launch of the second European Risk Management Awards. Culminating in an awards ceremony and gala dinner in London on 6 November 2017, this year’s awards will once again reward excellence in risk and insurance management, as well as best-in-class performance at key service…

New Ogden rate and IPT increase will harm business, warns Airmic

New Ogden rate and IPT increase will harm business, warns Airmic

New Ogden rate and IPT increase will harm business, warns Airmic

Airmic has added its voice to industry concern over the UK government’s decision to reduce the discount rate applied by courts to large personal injury compensation awards. The association warns that the move will likely increase the cost of insurance and harm business, which is already coping with higher Insurance Premium Tax (IPT). Airmic’s deputy CEO Julia Graham said the…

French risk managers continue support of African colleagues

French risk managers continue support of African colleagues

French risk managers continue support of African colleagues

French risk management association AMRAE continues its investment in support of the growing French-speaking Africa risk management community as it held its third Francophone Club Risk Management day at its annual conference at the start of February in Deauville, Normandy. The Francophone day takes place immediately before the start of the main AMRAE conference and is designed as a platform…

Ferma and Ifrima step up campaign to defend captives to OECD

Ferma and Ifrima step up campaign to defend captives to OECD

Ferma and Ifrima step up campaign to defend captives to OECD

The European and international risk management community has invited Pascal Saint-Amans, director of the centre for tax policy and administration at the OECD, to a meeting at the RIMS conference in April to further explain why captive insurance companies are not corporate tax-dodging vehicles and should therefore not get dragged into the Base Erosion and Profit Shifting (BEPS) initiative. BEPS refers…

AMRAE on track as cyber tops agenda for 2017: Bouquot

AMRAE on track as cyber tops agenda for 2017: Bouquot

AMRAE on track as cyber tops agenda for 2017: Bouquot

Brigitte Bouquot, president of AMRAE, says that the French risk management association is on track with its big plan to push risk management up the corporate agenda. The challenges presented by cyber risk offer an opportunity to show wider management the value that risk and insurance management can bring, she explained interview. AMRAE is “on track” with its big plan…

Ferma urges risk managers to complete business travel risk survey

Ferma urges risk managers to complete business travel risk survey

Ferma urges risk managers to complete business travel risk survey

Ferma is calling on Europe’s risk managers to take part in an online survey on the changing risks that organisations need to anticipate for their workers as they travel and the ways those risks are being managed. Employees’ health and safety as they travel abroad is becoming an increasingly serious matter for European companies as they expand further and further…

EC calls on member states to close gaps in environmental law

EC calls on member states to close gaps in environmental law

EC calls on member states to close gaps in environmental law

The European Commission (EC) has rolled out a programme of measures to address gaps in member states’ implementation of environmental laws and policies. Speaking to Commercial Risk Europe last week, Ferma said it has been preparing for the EU to publish the results of its Environmental Implementation Review and is ready to advise risk managers on the next steps. The…

Diversity of knowledge key to managing risk: Airmic

Diversity of knowledge key to managing risk: Airmic

Diversity of knowledge key to managing risk: Airmic

Boards and their risk management advisers will need more diverse experience and expertise as they grapple with the rapidly changing risk environment, according to Airmic. The UK risk management body made the comments in a recently published guide on risk reporting and the UK Corporate Governance Code (UK Code), published in partnership with the Chartered Institute of Management Accountants (CIMA).…

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