Lloyd’s head of innovation to speak in Botswana

Lloyd’s head of innovation to speak in Botswana

Lloyd’s head of innovation to speak in Botswana

Dr Trevor Maynard, head of innovation at Lloyd’s, is joining an international line-up of speakers at the Risk Frontiers Southern Africa – Understanding the New Normal one-day seminar on 6 July. He will be joined by speakers from across Africa, including Laurie Pieter-James from the Cyber Risk Institute; Nico Synman from the Global Transport and Asset Intelligence Bureau; and Dr…

Business must protect travelling staff

Business must protect travelling staff

Business must protect travelling staff

Organisations are not doing enough to ensure their travel risk strategies are fit for the 21st century realities of business travel and fulfil their legal duty of care, according to the UK’s risk management association Airmic. In a new report, it explains that business travel has grown by 25% in the past decade, with businesses sending employees and other people…

Security risks top the list of concerns at Nigeria risk conference

Security risks top the list of concerns at Nigeria risk conference

Security risks top the list of concerns at Nigeria risk conference

Risk managers should warn federal and state governments in Nigeria of the palpable risks posed to national security as a result of the lack or insufficient means of national identification of millions of Nigerian citizens, as well as foreign nationals domiciled in the country. Delegates at the recent Risk Managers Society of Nigeria (Rimson) annual conference, said the risks posed…

Risk officers must step up in wake of BA chaos

Risk officers must step up in wake of BA chaos

Risk officers must step up in wake of BA chaos

Risk managers have been urged to make sure their organisations would cope if faced with a “British Airways-type situation”. The call comes from Sheralee Morland, president of the Institute of Risk Management South Africa (IRMSA), in the wake of the IT crisis that hit British Airways (BA)  last weekend and left the airline cancelling flights from Heathrow and Gatwick in…

Risk management should lie at the heart of African insurance drive

Risk management should lie at the heart of African insurance drive

Risk management should lie at the heart of African insurance drive

“If we are serious about insurance in Africa, we need to be serious about risk retention and risk management,” said one insurance market practitioner at the Risk Frontiers Africa London event recently. Addressing the room of risk managers and insurance practitioners. Joachim Adenusi, managing partner of Inspirational Risk, warned that there is not enough rigour in the market or enough…

New links forged between Nigerian and UK risk associations

New links forged between Nigerian and UK risk associations

New links forged between Nigerian and UK risk associations

The Institute of Risk Management (IRM) UK is expanding its reach in Africa, thanks to a new alliance with a Nigerian risk association. Last week, it signed an alliance with the Chartered Institute of Loan and Risk Management (CILRM), Nigeria, signing a group affiliate scheme agreement between the two organisations. IRM claims to be the leading global professional body for…

Oil price affecting political risk in key African states

Oil price affecting political risk in key African states

Oil price affecting political risk in key African states

Political events can have a significant influence on the price of oil, but the price of oil also has a strong influence on political events. In 2016, the latter was in full force, with enormous geopolitical consequences from the downturn in the price of oil, according to a new report from Marsh. Its 2017 Oil and Gas Risk Reward Index…

US and South Africans to lead risk management initiative in Lagos

US and South Africans to lead risk management initiative in Lagos

US and South Africans to lead risk management initiative in Lagos

Risk management professionals from the US and South Africa are to lead a four-day event in Lagos, aimed at improving risk management in the west Africa region. Anthonia Beri, programme director at National Fire Prevention Awareness and Advocacy (NFPAWA), said the organisation discovered a wide gap in skills and knowledge in life, fire safety, security risk management and mitigation. She added…

Senior management views talent scarcity as serious risk

Senior management views talent scarcity as serious risk

Senior management views talent scarcity as serious risk

Organisations are facing up to the realities of shifting demographics and new technology in terms of accessing the right talent, with senior management viewing talent scarcity more acutely than HR professionals. The 2017 Global Talent Trends Study from Mercer states: “As the competition for talent continues to rise and business models are disrupted by technology and socio-demographic shifts, organisations are…

Time for women in risk to stand up and be counted

Time for women in risk to stand up and be counted

Time for women in risk to stand up and be counted

International Women’s Day 2017 was celebrated last week, and women in risk management were no exception. The UK’s Institute of Risk Management (IRM), which includes a chapter in Kenya as well as in South Africa, celebrated the global event by highlighting the role of women in risk. The institute comments: “While it may not be easy to predict what tomorrow’s…

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