Cosimi takes over the reins at Anra from De Felice

Cosimi takes over the reins at Anra from De Felice

Cosimi takes over the reins at Anra from De Felice

Italian risk and insurance management association Anra held its annual member Assembly yesterday and elected a new board of directors under the leadership of new president Carlo Cosimi, head of insurance and risk financing at Saipem, the Italian multinational oilfield services company. Mr Cosimi steps up from his role as Anra vice-president to replace Alessandro De Felice, chief risk officer at…

Lockheed exec Harrington named Rims Risk Manager of the Year

Lockheed exec Harrington named Rims Risk Manager of the Year

Lockheed exec Harrington named Rims Risk Manager of the Year

Rims has named Michael Harrington, vice-president risk management and assistant secretary for Lockheed Martin Corp, as the 2021 Risk Manager of the Year. As first reported in Business Insurance, Rims said Mr Harrington has transformed Lockheed’s approach to risk management and enterprise risk management. Under his leadership, risk management has changed from being mostly an insurance procurement function that provided…

Ferma concerned by lack of progress on European pandemic solution

Ferma concerned by lack of progress on European pandemic solution

Ferma concerned by lack of progress on European pandemic solution

The Federation of European Risk Management Associations (Ferma) is worried that efforts to establish pandemic pools appear to have lost momentum across Europe, and reiterated calls for a “risk-based” pan-European public-private partnership (PPP) for systemic business interruption (BI) risks. Ferma’s president has also called on the insurance industry to do more to help create a solution. Acknowledging the need to…

Anra moves towards a new presidency

Anra moves towards a new presidency

Anra moves towards a new presidency

The upcoming national Associates Assembly of Anra, the Italian risk and insurance management association, scheduled for 15 April, will see the second presidential term of Alessandro De Felice, chief risk officer at Prysmian Group, who was elected president of Anra in 2015 and confirmed in 2018, come to an end. The handover to the new president will be by no…

Italian risk managers must brace for further challenges in D&O

Italian risk managers must brace for further challenges in D&O

Italian risk managers must brace for further challenges in D&O

European D&O insurance, more than other financial lines, is experiencing a complicated and challenging phase, because of rising claims during the last decade and the sometimes brutal impact of the hard market, as clearly shown by the lively discussion at last month’s Cyber and Financial Lines conference organised by German risk and insurance management association GVNW. A recent webinar on…

ANIA welcomes EU focus on ‘protection gap’ as part of climate change strategy

ANIA welcomes EU focus on ‘protection gap’ as part of climate change strategy

ANIA welcomes EU focus on ‘protection gap’ as part of climate change strategy

The EU has presented guidelines to build a transversal adaptation system for environmental emergencies to help better cope with natural catastrophes across the continent. The EU is increasingly focusing on containment and adaptation policies relating to climate change. This latest initiative is being rolled out based on a strategy that was originally devised in 2013. The current effort shifts the…

Airmic names Julia Graham as new CEO

Airmic names Julia Graham as new CEO

Airmic names Julia Graham as new CEO

UK risk and insurance management association Airmic has appointed past Ferma president Julia Graham as its new CEO. Airmic’s former deputy CEO and technical director takes over from John Ludlow with immediate effect, after he announced he was stepping down last October. The vastly experienced Ms Graham has more than 35 years’ experience in senior risk management and insurance positions.…

Airmic to hold tech forum in May

Airmic to hold tech forum in May

Airmic to hold tech forum in May

The UK’s risk management association Airmic is to hold a livestreamed technology forum on 13 May, to examine how the pandemic has driven technological transformation. The event is the first in a series of technical forums dedicated to topical risk issues, which will also include climate change and geopolitics as well as technology. The agenda includes a Q&A session with…

Risk managers urged to facilitate sustainability debate

Risk managers urged to facilitate sustainability debate

Risk managers urged to facilitate sustainability debate

Risk managers have a critical role to play in helping their organisations address sustainability risk, according to risk managers speaking at the launch event of a new guide from Ferma. Ferma launched its first guide to managing sustainability risks this week. Based on the experiences of senior risk managers, it provides practical guidance on incorporating sustainability goals into enterprise-wide risk…

Ferma’s first sustainability guide finds gaps in risk management progress

Ferma’s first sustainability guide finds gaps in risk management progress

Ferma’s first sustainability guide finds gaps in risk management progress

European risk managers are at very different stages of embedding sustainability risks into ERM frameworks but will soon face political and regulatory pressure to better manage these risks, according to Ferma’s first sustainability guide for European businesses. Chair of the association’s sustainability committee, Valentina Paduana, said sustainability “should now be front and centre of everyone’s mind”. Ferma’s guide says that…

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