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…

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.…

Energy-related risk manager group launches

Energy-related risk manager group launches

Energy-related risk manager group launches

A new group for oil, gas and renewable energy-related risk managers is being formed by the Institute of Risk Management (IRM). The initiative is launching with a LinkedIn survey, which is open until 2 October, polling the views and concerns of risk managers across the energy spectrum. Project leader Alex Larsen, CEO of Baldwin Global, explained that the survey is…

Peking University and RIMS partner for risk management education plan

Peking University and RIMS partner for risk management education plan

Peking University and RIMS partner for risk management education plan

RIMS, the US-based risk and insurance management association, has teamed up with China’s Peking University in a bid to make risk management resources more accessible to university students. The university is one of a growing number of colleges to have a dedicated risk management curriculum, while RIMS has spent some effort in the past year to expand beyond its North…

Half of Asian businesses have no liability insurance: QBE

Half of Asian businesses have no liability insurance: QBE

Half of Asian businesses have no liability insurance: QBE

Asia’s corporate market is significantly underprotected against liability risks, according to a recent study by QBE Insurance that revealed roughly half of Asian companies have no business liability insurance at all. The report, Risk in Regret, shows that the vast majority of Asian businesses have some form of insurance, most notably property and casualty, but less than half have invested…

Calling all risk managers: share your insight in our Risk Frontiers Asia survey

Calling all risk managers: share your insight in our Risk Frontiers Asia survey

Calling all risk managers: share your insight in our Risk Frontiers Asia survey

Commercial Risk Asia is calling on all risk managers in the region to help us compile the industry’s most authoritative report on risk management, technology, insurance and innovation. The Risk Frontiers Asia survey, run in partnership with global insurer Generali and Parima, the region’s leading risk management association, is an annual study of the latest trends in risk and insurance…

Construction safety a top concern for China to address: Parima conference

Construction safety a top concern for China to address: Parima conference

Construction safety a top concern for China to address: Parima conference

Basic safety measures are lacking on many Chinese construction sites despite the rising public anger over the Tianjin explosion of 2015, where the full extent of damage has yet to be quantified. With the One Belt One Road initiative likely to signal a boom in construction, there is an urgent need for enhanced safety standards and it has become a…

Supply chain issues high on agenda of Chinese risk managers: Parima conference

Supply chain issues high on agenda of Chinese risk managers: Parima conference

Supply chain issues high on agenda of Chinese risk managers: Parima conference

Risk managers in China have become increasingly aware of the growing risks in their supply chains, thanks to a number of high profile incidents in the region in recent years – from the Tianjin explosion in 2015 to the Melamine-tainted milk scandal in 2008. The subject was raised at the recent Shanghai conference of the Pan-Asia Risk and Insurance Management…

1 2 3 10