Risk Management
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March 15, 2024
Italy fines TikTok after French Scar probe into child safety
Italy’s competition regulator has fined social media platform TikTok €10m for failing to monitor content that threatened child safety. The…
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March 15, 2024
Firms urged to adapt approach to lithium-ion battery fire risks
QBE Europe is urging companies to put in place appropriate risk management and fire safety controls to tackle lithium-ion battery…
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March 14, 2024
EU Parliament approves AI act
The European Parliament has approved the Artificial Intelligence Act, the world’s first binding law aimed at reducing AI risks. The…
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March 14, 2024
Lockton collaborates with food science firm Campden as risks multiply for food and drinks clients
Broker Lockton said it will help global clients in the food and drink sector mitigate key risks through collaboration with…
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March 14, 2024
Dutch cybersecurity and insurance firm secures further €36m funding
Eye Security, the fast-growing Netherlands based cybersecurity and insurance firm, has announced a further €36m Series B investment led by…
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March 14, 2024
Supply chain pressure rises as EU Forced Labour Regulation agreed
EU members states have agreed the Forced Labour Regulation that prohibits products made with forced labour from the EU, so…
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March 14, 2024
Captive demand continues to grow
The captive insurance industry is seeing further growth as businesses look to retain more risk in response to challenging commercial…
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March 14, 2024
NorthStandard partners with AI maritime safety platform to reduce accidents and delays
P&I club NorthStandard has partnered with Orca AI to provide its members with access to a maritime safety platform and…
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March 14, 2024
Insurers fear rise of ESG requirements
Insurers are becoming increasingly concerned about greenwashing as ESG requirements become tougher, shows a global study carried out among investment…
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March 14, 2024
Barnett Waddingham adds former risk manager Websdell to risk and resilience team
UK consultancy Barnett Waddingham has appointed former risk manager Nick Websdell to its risk and resilience team. Websdell joins as…
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March 14, 2024
More than half of FTSE companies now engaged in tree planting
An estimated 51% of FTSE 100 companies are currently investing in tree-planting initiatives as part of their ESG programmes, according…
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March 13, 2024
UK government adaptation plans ‘fall short’ for scale of climate risks
A leading climate advisory panel has warned the UK government that its adaptation plans for a changing climate “fall short”…
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March 13, 2024
Multinationals face macroeconomic and geopolitical uncertainty in huge election year
Macroeconomic competition and geopolitical insecurity are fuelling long-term uncertainty for multinationals as they face up to “biggest election year in…
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March 13, 2024
UK business leaders fear ESG targets expose them to litigation
Nearly two-thirds (62%) of senior leaders at large UK businesses are worried that their ESG targets put them at risk…
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March 13, 2024
Risk managers urged to increase oversight of cyber supply chain risk
Managing vendors and third-party contractors is a critical part of data security and regulatory compliance, experts say. Data owners must…
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March 13, 2024
McLarens creates UK entertainment unit with new team hires
Global claims service firm McLarens has launched an entertainment and contingency unit in the UK and Ireland, with a focus…
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March 13, 2024
AI regulation to shake up liability insurance
Developments in artificial intelligence (AI) and related regulation will require an overhaul of liability insurance policies and the creation of…
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March 13, 2024
Communication and data are key to captives preparing for next soft market
Open communication and data-driven insights can help captive owners and service providers be proactive ahead of the next soft market,…
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March 12, 2024
Parliament committee attacks UK government’s ‘shambolic’ cyber strategy
Only days after the former head of the UK’s National Cyber Security Centre (NCSC) called on his country to criminalise…
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March 12, 2024
Revamped UK internal audit code expands to cover more risks and corporate culture
Proposed changes to a code of practice for internal audit in the UK promises to “raise the bar” for the…