Enterprise-wide risks demand an enterprise-wide network of friends

Enterprise-wide risks demand an enterprise-wide network of friends

Enterprise-wide risks demand an enterprise-wide network of friends

The CFO should be the best friend of a pure insurance manager, but if that individual holds a wider risk management brief they need to be close to all key functions within the organisation such as IT, legal, health and safety and HR, according to leading members of the German risk management association GVNW. In Germany, as elsewhere in Europe,…

Data still needed if insurers are to price risks better

Data still needed if insurers are to price risks better

Data still needed if insurers are to price risks better

Risk managers have been warned to provide more data or risk higher prices, as insurers continue to lack information on African risks. Speaking at a roundtable held by Commercial Risk Africa at the African Insurance Organisation general assembly in Accra, Udai Patel, managing director of Afro-Asian Insurance Services, warned: “Risk managers are letting insurers down by failing to provide information.”…

Parima recruits EB provider Maxis as a partner

Parima recruits EB provider Maxis as a partner

Parima recruits EB provider Maxis as a partner

The Pan-Asia Risk and Insurance Managers Association (Parima) has announced a partnership with employee benefits provider Maxis GBN that will see the two collaborate on a series of events as Maxis looks to expand its captives business across Asia. Under the terms of the partnership, Maxis will be present at Parima’s two regional conferences in 2018, in Bangkok in May…

IRM appoints global ambassador for Australia and APAC

IRM appoints global ambassador for Australia and APAC

IRM appoints global ambassador for Australia and APAC

The Institute of Risk Management (IRM), an education body for risk professionals, has appointed Sydney-based independent risk consultant Gareth Byatt as a new global ambassador for Australia and the Asia-Pacific region. Mr Byatt has been an active member of the IRM for a number of years as, well as a member of the association’s infrastructure, risk and innovation special interest…

High-profile judging panel named for European Risk Management Awards

High-profile judging panel named for European Risk Management Awards

High-profile judging panel named for European Risk Management Awards

Ferma and Commercial Risk Europe are delighted to announce another line-up of leading risk managers as judges for our annual European Risk Management Awards. Now in their third year, the awards aim to boost the standing of risk management and encourage better performance at companies that deliver tools to help them do their job. They therefore recognise the highest achievers…

Risk managers cannot afford to stand still

Risk managers cannot afford to stand still

Risk managers cannot afford to stand still

 Risk management has undergone huge change across Africa in the past few years, as Commercial Risk Africa’s Risk Frontiers Africa 2018 survey reveals. Below, as a foretaste of the survey, we hear from some of the risk managers taking part in it about what keeps them awake at night and the evolution of risk management The European Union’s General Data…

Italian risk management community seeks progress on supply chain and cyber

Italian risk management community seeks progress on supply chain and cyber

Italian risk management community seeks progress on supply chain and cyber

Italian risk management association Anra held its annual general meeting in Milan at the end of March, followed by a half-day conference focused on big data, blockchain and the rise of the digital age. Commercial Risk Europe editor Adrian Ladbury was invited to pose the main questions from this year’s European Risk Frontiers survey of Europe’s leading risk managers, which…

Demand for risk management education rising among Italian mid-market and SMEs

Demand for risk management education rising among Italian mid-market and SMEs

Demand for risk management education rising among Italian mid-market and SMEs

During Anra’s AGM, Maurizio Castelli, head of the Italian association’s education programme, told members about recent progress made, and growing interest among the wider business community, in risk management training. Adrian Ladbury caught up with him to discuss what has been achieved and what is planned going forward. Rising numbers of Italian CFOs at mid-sized companies are keen to learn…

Aon’s 2018 maps show political violence and risk on the rise

Aon’s 2018 maps show political violence and risk on the rise

Aon’s 2018 maps show political violence and risk on the rise

Political violence risk has increased worldwide for the third year in a row, while broader political risk is also up, according to analysis by Aon. The broker’s newly released 2018 political risk, terrorism and political violence risk maps also suggest that the global threat posed by Islamic State (IS) has peaked, with its reach likely to fall in 2018. Political…

New ISO 31000 focuses on strategy

New ISO 31000 focuses on strategy

New ISO 31000 focuses on strategy

The latest version of risk management standard IS0 3100 should see organisations take a more strategic and integrated approach to managing risk, experts told Commercial Risk Europe. In February, the International Organization for Standardization (ISO) published a new version of its ISO 31000 Risk Management Guidelines. The revised version – which took almost three years to complete and attracted some…

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