Claims, global programmes and hard market top agenda as San Millán returns as Igrea president

Claims, global programmes and hard market top agenda as San Millán returns as Igrea president

Claims, global programmes and hard market top agenda as San Millán returns as Igrea president

When Daniel San Millán took over as president of Spanish risk management association Igrea for a second time in May, he was probably entitled to a sense of déjà vu. The association still needs to tackle some of the same challenges that risk managers have been dealing with since its creation back in 2009. Issues such as claims handling and…

Parima teams up with WTW to focus on business risk profile

Parima teams up with WTW to focus on business risk profile

Parima teams up with WTW to focus on business risk profile

Parima will hold its latest Risk Lab seminar with Willis Towers Watson (WTW) on 16 September, at the broker’s offices in Singapore. The latest seminar is designed to help risk managers assess and “future-proof” their company’s business risk profile. The half-day event will be opened by Rob De Jonge, head of international, risk and analytics at WTW. He will be followed…

RIMS paper says risk managers and IT must boost collaboration

RIMS paper says risk managers and IT must boost collaboration

RIMS paper says risk managers and IT must boost collaboration

A new whitepaper from RIMS says risk managers and IT professionals still struggle to communicate on digital risks. It lays out ways for the two functions to better collaborate and speak the same language to close the protection gap. The Bridging the Digital Risk Gap paper by RIMS and ISACA, an international association focused on IT governance, says risk management and…

RIMS presents top Canadian risk management award to Jim Swanson

RIMS presents top Canadian risk management award to Jim Swanson

RIMS presents top Canadian risk management award to Jim Swanson

RIMS Ontario Chapter (ORIMS) has awarded its highest risk management honour to Jim Swanson for his work as director of insurance and risk management at the province of Manitoba. Mr Swanson was presented the Donald M Stuart Award, which has been handed out each year to celebrate contributions to Canada’s risk management profession, at the RIMS Canada Conference. “Throughout my…

RIMS poll reveals concerns over future of risk management talent

RIMS poll reveals concerns over future of risk management talent

RIMS poll reveals concerns over future of risk management talent

Just 32% of businesses believe their risk management teams are ready to tackle future challenges, according to the RIMS Risk Management Talent 2025 Report, with 94% identifying the need for new skills during the next five years. A joint initiative between US risk management association RIMS, Chubb, The Hartford and Willis Towers Watson, the report highlights the need to build…

AIG to affirm or exclude cyber cover in P&C policies from January 2020

AIG to affirm or exclude cyber cover in P&C policies from January 2020

AIG to affirm or exclude cyber cover in P&C policies from January 2020

AIG announced yesterday that, as of January 2020, virtually all of its commercial property and casualty policies will begin affirmatively covering or excluding physical and non-physical cyber exposures. The US-based international insurance group said this move will address “market concerns” that traditional commercial insurance policies across the industry – from property to general liability – are often silent about cyber…

GVNW willing to discuss premium adjustments but urges ‘proportion’

GVNW willing to discuss premium adjustments but urges ‘proportion’

GVNW willing to discuss premium adjustments but urges ‘proportion’

GVNW is willing to discuss premium adjustments with insurers as the market hardens but if changes are not made with a “sense of proportion”, clients could lose trust in the insurance industry, said the association’s president Alexander Mahnke yesterday. Mr Mahnke said insurers must be careful how they push through tougher rates, terms and conditions, and should not penalise whole…

Single voice offered by GVNW will be critical as market shift intensifies

Single voice offered by GVNW will be critical as market shift intensifies

Single voice offered by GVNW will be critical as market shift intensifies

The creation of German risk and insurance management association GVNW via the merger of the DVS and BfV three years ago has been a great success and positioned the representative body to really make a difference for its members and wider business insurance-buying community, according to its president Alexander Mahnke. A strong association such as GVNW is particularly important at…

Nominations open for European Risk Management Awards 2020

Nominations open for European Risk Management Awards 2020

Nominations open for European Risk Management Awards 2020

Nominations have opened for the European Risk Management Awards 2020, with new categories and website developed to meet the growing needs of the risk community. During the last three years, the European Risk Management Awards have achieved their aim of promoting the role of European risk managers to a wider audience. They have recognised and rewarded best practice among risk…

Insurers and brokers must tackle cost base rather than shift problems onto customers: Mahnke

Insurers and brokers must tackle cost base rather than shift problems onto customers: Mahnke

Insurers and brokers must tackle cost base rather than shift problems onto customers: Mahnke

If the insurance market is going to continue to push for higher prices and more limited cover to cut exposure in key areas, while raising margins at the same time, it needs to take a very serious look at its cost base, according to Alexander Mahnke, president of the German insurance management association GVNW. In particular, the market needs to…

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