The Institute of Risk Management and the Norwegian Risk Management Association, NORIMA, have announced a joint education initiative whereby NORIMA will promote the IRM’s qualifications to its members at a preferred partner rate.
Alarm, the U.K. public risk management association, has entered into a joint initiative with the IRM in Northern Ireland to deliver a one day risk management event.
The Dutch insurers’ association, the Verbond van Verzekeraars (NVV), has published a position paper on broker remuneration that calls for Customer Agreed Remuneration (CAR), a mandatory disclosure system, for non-life insurance transactions in the Netherlands.
Insurance buyers should not fear an E.U.–wide mandatory financial guarantee scheme for Environmental Liability Directive (ELD) coverage that could, in fact, increase the number of carriers in the market and lower pricing for these new liabilities, an environmental expert at insurance company ACE told Commercial Risk Europe.
The European Union adopted two Directives last week designed to improve worker’s parental leave rights and protect them from injury at work in the healthcare sector.
A European Commission report on the efficiency of the Environmental Liability Directives (ELD) is due next month and could recommend the adoption of an E.U. wide mandatory financial security scheme. But, insurers and operators alike have urged the commission to refrain from making this move.
Exporters in the U.K. are suffering from an “unfair playing field” when competing with European and global competitors as its government refuses to underwrite the issue of bonds needed to win overseas contracts, says Susan Ross, chair of the British Exporters Association (BExA).
Risk management education experts urge the professionals to spread the word up the corporate ladder while interest is high.
The Environmental Liability Directive (ELD) finally reached implementation in all 27 E.U. member states at the end of 2009, two years after its deadline, and questions have swiftly emerged about the preparedness of industry and the insurance market for this complex new regime.
Kevin Knight, Chair of the ISO working group that recently published a global risk management standard, says that he and his working group are totally opposed to the idea of a certifiable standard.