Frustrating Brexit deadlock highlights importance of risk management, says Ferma

Frustrating Brexit deadlock highlights importance of risk management, says Ferma

Frustrating Brexit deadlock highlights importance of risk management, says Ferma

The ongoing uncertainty surrounding Brexit highlights the importance of professional risk management to prepare organisations and ensure business continuity, Ferma said this week after voicing “frustration” at the current deadlock in UK parliament. Following discussions with corporate risk managers, the federation said most risk management plans are working on the assumption of a no-deal Brexit and detailed a range of…

RIMS names Luke Figora Risk Manager of the Year

RIMS names Luke Figora Risk Manager of the Year

RIMS names Luke Figora Risk Manager of the Year

RIMS has named Northwestern University’s Luke Figora as Risk Manager of the Year 2019. David Stills, vice president of global risk management for Walmart, was inducted on the 2019 Risk Management Honor Roll. Mr Figora is senior associate vice president and chief risk and compliance officer at Northwestern University. The awards were announced ahead of RIMS’ 2019 annual conference, where…

Unemployment tops risk list for South Africa

Unemployment tops risk list for South Africa

Unemployment tops risk list for South Africa

Structurally high unemployment tops the risk list, according to the Risk Report 2019 from the Institute of Risk Management South Africa (IRMSA). That is followed by growing income disparity and inequality. Good news includes unmanageable fraud and corruption dropping from second to fourth on the list. But it is no surprise that inadequate and/or sub-standard education and skills development is…

New east African trainer named for IRM

New east African trainer named for IRM

New east African trainer named for IRM

Pinebridge Training and Consulting has been accredited as a licensed Fundamentals of Risk Management (FoRM) provider for the Institute of Risk Management (IRM) and will be operating in Kenya, Uganda, Tanzania, Rwanda and Burundi. The IRM said: “The FoRM course is well respected and attracts delegates from a wide variety of organisations from all over the world. FoRM gives students…

Ferma welcomes EC plans for AI ethics but concerned about use by insurers

Ferma welcomes EC plans for AI ethics but concerned about use by insurers

Ferma welcomes EC plans for AI ethics but concerned about use by insurers

Ferma has welcomed the fact that proposed EC guidelines on artificial intelligence (AI) ethics will be voluntary, but raised concerns that the use of such technology in the underwriting process could put buyers at a disadvantage and mean some might not be able to obtain cover…

Risk managers must retain traditional skills and focus as they rise to emerging risks: Bouquot

Risk managers must retain traditional skills and focus as they rise to emerging risks: Bouquot

Risk managers must retain traditional skills and focus as they rise to emerging risks: Bouquot

While AMRAE is working hard to help the French and European corporate risk management community ensure it is ready and able to rise to the cyber challenge, the association’s president Brigitte Bouquot told Commercial Risk Europe that members must not lose sight of the huge value they bring through identification, management and transfer of more traditional, tangible and physical risks.…

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