Ferma calls on brokers and insurers to show flexibility and backs pandemic pool concept

Ferma calls on brokers and insurers to show flexibility and backs pandemic pool concept

Ferma calls on brokers and insurers to show flexibility and backs pandemic pool concept

The Federation of European Risk Management Associations (Ferma) has called for “enhanced” understanding of the insurance needs of European businesses to help them battle through the current pandemic and recover afterwards. The federation also said it does not think the retrospective extension of business interruption (BI) policies to include excluded pandemic risks as suggested in the US is a good…

Anra, Ferma and Belrim to host virus webinars as Narim and Sirm postpone meetings

Anra, Ferma and Belrim to host virus webinars as Narim and Sirm postpone meetings

Anra, Ferma and Belrim to host virus webinars as Narim and Sirm postpone meetings

Italian risk management association Anra is holding its second webinar on how to cope with the impact of the current coronavirus pandemic and will this time focus on the longer-term impacts and what companies need to plan for when the lockdown is finally lifted. The Italian-language discussion takes place on the morning of 9 April and will be followed by…

Ferma and Belrim call on insurers and brokers to be flexible and support customers during crisis

Ferma and Belrim call on insurers and brokers to be flexible and support customers during crisis

Ferma and Belrim call on insurers and brokers to be flexible and support customers during crisis

The Federation of European Risk Management Associations (Ferma) has urged brokers and insurers to find ways to support clients who are struggling to pay premiums on time or in full because of the strains caused by the coronavirus pandemic. This follows a similar statement issued by Belgian risk management association Belrim that asked insurers and brokers to take “supportive measures”,…

Risk managers will support creation of state-backed pandemic pools to plug coverage gap

Risk managers will support creation of state-backed pandemic pools to plug coverage gap

Risk managers will support creation of state-backed pandemic pools to plug coverage gap

Europe’s corporate risk and insurance managers would support the creation of state-backed insurance pools to cover pandemic risk and plug the huge coverage gap that has been exposed by the Covid-19 outbreak, based on feedback from leading industry representatives gathered by Commercial Risk Europe. The topic has risen to the top of the agenda as businesses across Europe and the…

IFRIMA warns of unscrupulous insurers as Covid-19 unfolds

IFRIMA warns of unscrupulous insurers as Covid-19 unfolds

IFRIMA warns of unscrupulous insurers as Covid-19 unfolds

The International Federation of Risk and Insurance Management Associations (IFRIMA) has warned risk managers they will face belligerent claims staff and unscrupulous insurers as the Covid-19 crisis unfolds. The stark warning came from IFRIMA president Gert Cruywagen, writing to risk managers in his native South Africa. “There will be many new risks after Covid-19,” he stressed. “Those of us who…

ANRA hosting webinar on Covid-19 as Moody’s shifts Italian life insurers to negative

ANRA hosting webinar on Covid-19 as Moody’s shifts Italian life insurers to negative

ANRA hosting webinar on Covid-19 as Moody’s shifts Italian life insurers to negative

Italian risk management association ANRA is hosting a webinar on Friday morning on how to operate and manage risks in the Covid-19 crisis. ANRA president Alessandro De Felice will be joined by lawyers Claudio Perrella, Alessio Totaro and Piero Magri of R&P Legal, a leading Italian commercial law firm. The discussion will focus on the complex insurance matters raised by…

Parima holds first digital ‘huddle’ on risk and insurance lessons from virus

Parima holds first digital ‘huddle’ on risk and insurance lessons from virus

Parima holds first digital ‘huddle’ on risk and insurance lessons from virus

The Pan-Asia Risk & Insurance Management Association (Parima) will host the first of a new series of online conferences for members today, focused on the risk management and insurance matters triggered by the Covid-19 virus. It has also confirmed its new schedule of conferences for the rest of this year and into 2021. Parima said that in such a “dynamic…

Airmic halts 2020 conference plans

Airmic halts 2020 conference plans

Airmic halts 2020 conference plans

Airmic’s conference is almost certainly off after the association announced it has stopped planning for the event, in light of Covid-19. It is the latest event in the risk and insurance management calendar to be hit by the virus, with many other associations across Europe and the world cancelling their annual conferences. The news came on the day that this…

Mentoring proves key to success for African risk managers

Mentoring proves key to success for African risk managers

Mentoring proves key to success for African risk managers

The Institute of Risk Management (IRM) has asked its members what working in risk is really like and what hints and tips they would share with people looking to move into the industry. Here, we share two of the African responses, in which the importance of mentoring is highlighted… Joseph Oppong Awuku, enterprise risk management and control, NSIA Insurance Ghana…

Nigeria risk award date set for July

Nigeria risk award date set for July

Nigeria risk award date set for July

The fifth edition of the Nigerian Risk Summit and Awards (NRSA 2020) has been set for 9 July 2020. Entries for the 2020 awards have already opened through the NRSA website. The NRSA were conceived by Conrad Clark Nigeria in partnership with the Convention on Business Integrity, the Institute of Risk Management, the Risk and Insurance management Society and the…

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