Michael Rüsch, recently appointed country manager for HDI Global in Switzerland, spoke to Commercial Risk Europe about the challenges facing risk managers in today’s rapidly changing environment. As the weather across Europe turns autumnal, it is hard to remember back to a summer of record heat. But for insurers and risk managers alike, the hot summer (yet again) was a…
Italians taking part in our Risk Frontiers Europe survey strongly believe they should maintain control of buying insurance for their organisation, and noted that their role goes far beyond buying cover at the best price. They agreed that a broad understanding of risk is vital to making the right choices for any insurance programme and is something that procurement, for…
As a country that suffers drought, flood and earthquake, Italians are well used to the challenges posed by natural catastrophes. So, it comes as no surprise that a group of risk managers meeting in Milan for our Risk Frontiers Europe survey said they have had resilience on their agenda for many years. Several major Italian corporations are listed on the…
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…
CRE spoke to James Tuplin, head of international cyber at AXA XL, about some of the trends in cyber risk and insurance management to find out the current state of play. He discussed areas in which risk and insurance managers are improving, as well as where and how they can up their game. Ben Norris: What is the state of…
Earlier this year, Zurich Insurance announced that it had entered a strategic agreement with riskmethods GmbH, a Munich-based company that uses artificial intelligence and big data to identify and manage supply chain risk worldwide. This provides Zurich’s commercial customers with an exciting new tool to help manage a complex and rapidly rising corporate risk. The new service has initially been…
Technology will help shift risk management emphasis onto prevention rather than transfer, Fujitsu’s chief technology officer for the Europe, Middle East, India and Africa (EMEIA) region told CRE ahead of the launch of the Fujitsu Tech Hub at the Airmic conference in Harrogate. During the event, the Tech Hub will showcase a range of technologies with risk and insurance applications,…
We spoke to Claire McDonald, country manager for the UK and Ireland at Risk Frontiers Europe sponsor HDI Global, about the big issues facing risk managers, including Brexit, claims and other key topics. Uncertainty, mostly as a result of Brexit, continues to impact the insurance market and its customers, not least as businesses grapple with potential implications for their multinational…
The arrival of big data theoretically offers the risk and insurance management community an unprecedented opportunity to significantly improve the way risks are identified, measured, modelled, priced and, ultimately, transferred. In a world of ever-tighter deadlines, swifter change and scarce resources, risk and insurance managers need to ensure they are taking advantage of the brave new world of analytics. Commercial…
Airmic is expanding its support for members as the fast-changing risk landscape makes new demands on risk management and insurance, according to John Ludlow, the association’s chief executive. The future risk environment will require greater levels of collaboration within organisations, and between buyers, insurers and brokers, he stressed. Speaking to CRE ahead of Airmic’s annual conference in Harrogate, Mr Ludlow…