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…

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,…

Dancing to a different tune

Dancing to a different tune

Dancing to a different tune

A changing mindset is required of risk managers of the future as they have to adapt to a fast moving environment in which the challenges fly thick and fast. Relying on history for likely behaviours is not necessarily going to help in a world of political, economic and individual upheaval. Risk managers at the recent Institute of Risk Management South…

Risk management begins with an  understanding ‘risk appetite’ and ‘risk tolerance

Risk management begins with an understanding ‘risk appetite’ and ‘risk tolerance

Risk management begins with an  understanding ‘risk appetite’ and ‘risk tolerance

The recent Institute of Risk Management South Africa’ annual conference gave delegates an opportunity to engage with thought leaders, as Gareth Stokes reports Among the benefits of attending the 2017 IRMSA Annual Conference are opportunities to engage with thought leaders from the risk management profession. One example of this is the pioneering work on concepts such as ‘risk appetite’ and…

Risk managers struggling to articulate role and value

Risk managers struggling to articulate role and value

Risk managers struggling to articulate role and value

Risk and insurance managers are still struggling to fully explain to their bosses the role they fulfil and benefits they bring to an organisation, according to leading industry professionals. Attending the Risk Management Forum at the annual Brokerslink conference in Marrakesh, they urged their counterparts to make more effort to communicate their true value and drive the profession forward. “A…

Leading risk associations to work towards mutual certification recognition

Leading risk associations to work towards mutual certification recognition

Leading risk associations to work towards mutual certification recognition

Five of the world biggest risk management associations – Ferma, Rims, Alarys, Parima and Irmsa – have signed a letter of intent to work towards mutual recognition of their respective risk management certification or designation programmes. The work will begin by seeking to ensure risk managers can secure continuous professional development (CPD) points for attending each of the association’s events.…

Belrim punches above its weight

Belrim punches above its weight

Belrim punches above its weight

When Sabine Desantoine took over as president of Belrim in the summer, she knew the Belgium risk management association was already in good shape. That said, Ms Desantoine has plans to ensure Belrim continues to meet the growing needs of risk and insurance manager members, as they face a range of domestic and international challenges. Ms Desantoine, who is also…

Ferma building bridges at home and abroad to deliver for members

Ferma building bridges at home and abroad to deliver for members

Ferma building bridges at home and abroad to deliver for members

Ferma is working with european, regional and global risk management associations, as well as the wider risk transfer community, to deliver on its strategic mission to increase leadership in risk management and enhance the profession’s influence. Ferma has been focusing on its new strategic vision during the past year. According to Typhaine Beaupérin, the federation’s CEO, this vision came about…

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