Take a wider view of risk and gain value from risk innovation, says academic

Take a wider view of risk and gain value from risk innovation, says academic

Take a wider view of risk and gain value from risk innovation, says academic

Companies need to take a wider view of risk and look beyond threats traditionally on their risk register, according to Professor Daniel Ralph, academic director for the Cambridge Centre for Risk Studies. He highlighted risks such as reputation/brand, macroeconomic and trade factors, and geopolitical risks, as areas to work on. Professor Ralph was speaking at the Institute of Risk Management’s…

Risk managers must react fast to avoid becoming business disablers in tech age

Risk managers must react fast to avoid becoming business disablers in tech age

Risk managers must react fast to avoid becoming business disablers in tech age

If risk managers do not reinvent their role and skills fast enough in the digital age they risk becoming business disablers, delegates at Airmic’s ERM conference were warned this week. Risk managers will simply have to learn tech language and terminology if they want to remain relevant, experts added at the event in London…

Parima pushes sustainability at Tokyo conference

Parima pushes sustainability at Tokyo conference

Parima pushes sustainability at Tokyo conference

Delegates at the recent Pan-Asia Risk and Insurance Management Association (Parima) conference in Tokyo heard from the high priest of a Buddhist temple, as part of the risk management association’s drive to promote corporate sustainability. Mr Kojo Morimoto, high priest of the Todai-ji Temple in the Japanese city of Nara, addressed how the temple, which has stood for more than…

Risk community needs to bring ‘enormous knowledge’ to bear in climate change battle

Risk community needs to bring ‘enormous knowledge’ to bear in climate change battle

Risk community needs to bring ‘enormous knowledge’ to bear in climate change battle

The risk management community has a big role to play in efforts to tackle climate change by offering its “enormous knowledge” and supporting the strong partnership needed between public and private bodies, according to experts gathered to discuss this critical topic during Ferma’s seminar in Antwerp this week…

Corporate culture holding back risk management: survey

Corporate culture holding back risk management: survey

Corporate culture holding back risk management: survey

Well over half of financial services senior risk executives (57%) believe today’s corporate culture blocks more innovative risk management and limits its ability to drive strategic business decisions, according to research from professional services firm Genpact. Respondents also said that CROs will become key decision-makers in future digitalised business…

IRM launches new cyber risk course

IRM launches new cyber risk course

IRM launches new cyber risk course

The Institute of Risk Management (IRM) has launched a new cybersecurity course. Developed with the WMG Cyber Security Centre at the University of Warwick, the Digital Risk Management Certificate will teach digital risk assessments and cybersecurity principles and practices. The course will also look at the ethical issues on privacy and machine learning. IRM said the key topics covered by…

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