RIMS lists top five steps for better communication with board

RIMS lists top five steps for better communication with board

RIMS lists top five steps for better communication with board

Risk managers need to develop their communication skills to be granted a “seat at the table” and raise the profile of risk management within the boardroom, according to a new report from RIMS that examines the top five steps for communicating with board members and executives. Drawing on experiences from top risk managers, the report advises risk professionals to boost…

South Africa facing extreme risks from climate to corruption

South Africa facing extreme risks from climate to corruption

South Africa facing extreme risks from climate to corruption

Extreme weather phenomena, political risk and corporate scandals top the list of risks facing South Africa in the coming year, according to Zanele Makhubo, director, enterprise risk management and business continuity in the public sector, and South Africa Institute of Risk Management regional group chairperson. She said: “The unpredictability of weather patterns due to climate change poses a serious risk…

Spotlight falls on CROs as business faces up to cyber risk in 2018

Spotlight falls on CROs as business faces up to cyber risk in 2018

Spotlight falls on CROs as business faces up to cyber risk in 2018

Chief risk officers (CROs) will become one of CEOs’ “most valuable assets” in 2018 as companies face up to cyber risk, according to Aon firm Stroz Friedberg in a set of cyber security predictions for the year ahead. In a new report, Stroz Freidberg says companies have woken up to the enterprise-wide risks posed by cyber that go beyond the…

IRM licenses risk course in Lebanon

IRM licenses risk course in Lebanon

IRM licenses risk course in Lebanon

The Institute of Risk Management (IRM) has rolled out its Fundamentals of Risk Management (FoRM) qualification to Lebanon. Delivered by the United Management Bureau (UMB), it is the first time the course has been offered in Lebanon. Sanjay Himatsingani, IRM’s director of training, said: “We are very pleased to be working with UMB to deliver this course in the Lebanon.…

Risk managers urged to lead cyber charge as companies struggle with GDPR

Risk managers urged to lead cyber charge as companies struggle with GDPR

Risk managers urged to lead cyber charge as companies struggle with GDPR

With a worryingly small percentage of companies in the Benelux region ready for the forthcoming General Data Protection Regulation (GDPR), risk managers were urged by experts at our Risk Frontiers conference in Brussels to sieze the opportunity and take control of cyber governance within their organisations, to address this and other areas of concern. Speaking at the event, Ferma president…

IRM survey reveals battles ahead for risk managers

IRM survey reveals battles ahead for risk managers

IRM survey reveals battles ahead for risk managers

Shaping corporate culture, proving their value and coming to terms with technological change are some of the key challenges facing risk managers in the comings years, according to research by the Institute of Risk Management (IRM) and key speakers at its recent Risk Leaders 2017 conference. But the good news is risk managers surveyed by the IRM anticipate growing focus…

Parima announces details for 2018 conferences

Parima announces details for 2018 conferences

Parima announces details for 2018 conferences

The Pan-Asia Risk and Insurance Management Association (Parima) has revealed the dates and locations for next year’s conferences as well as the theme for both events – ‘Overcoming Uncertainty’. The first event will be held in Bangkok, Thailand on 22 May 2018 and will be based on a sub-theme of ‘Preparing for 4.0’. Risk managers from the likes of AirAsia, Thaioil, Raytheon Australia,…

Risk management to the fore

Risk management to the fore

Risk management to the fore

The European Risk Management Awards 2017 – sponsored by Allianz Global Corporate & Specialty, Allied World, Clyde & Co, Generali, Mapfre Global Risks, XL Catlin and Zurich – organised by Ferma and Commercial Risk Europe, took place in early November. We spoke to the winners of the risk management categories about why their job is a good career, the areas…

Change of approach needed as dynamic risks replace static threats

Change of approach needed as dynamic risks replace static threats

Change of approach needed as dynamic risks replace static threats

Neither risk managers or their insurance partners will prosper if they continue to try and manage today’s growing list of dynamic risks in the same way as traditional, static threats, according to Airmic’s CEO John Ludlow. To help avoid this situation, risk and insurance management should work hand in hand, and increasingly closely with risk transfer partners, to deliver the…

Use risk management to avoid missing out

Use risk management to avoid missing out

Use risk management to avoid missing out

Too often, European companies miss out on opportunities in Africa because they are worried about the risks and yet they don’t bring risk into the conversation at an early stage of project development. Commercial Risk Africa, Let’s Move Africa and Berwin Leighton Paisner recently held a breakfast seminar in London, bringing together ministers, finance experts and risk managers, as well…

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