The first hours following a disaster are crucial. Step-by-step protocols tailored to the client\u2019s needs reduce the impact of any business interruption. That way, companies are ideally prepared for both minor incidents and worst-case scenarios.<\/li>\n<\/ul>\nThe rise in natural catastrophes and business interruption, the decline in insurance capacity and the need for companies to manage their own risk are all subjects that were discussed at this year\u2019s Ferma Forum in Copenhagen.<\/p>\n
Ferma’s 2022 European Risk Management Survey showed that risks such as cyber and supply chain failures have increased rapidly, as has the importance of the risk manager’s role. “Resilience is more than ever a priority for top management and the role of the risk manager is evolving as a result,” said Ferma president Wegener. “We see risk managers taking on additional responsibilities, particularly for business continuity and crisis management.”<\/p>\n","protected":false},"excerpt":{"rendered":"
Many risk managers feel they have been in firefighting mode for the last two years, struggling to stay ahead of one crisis after another. Reporting risks is no longer enough. It is critical that risk managers are able to prepare for risks before they happen. While new risks have emerged …<\/p>\n","protected":false},"author":4,"featured_media":96145,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_uag_custom_page_level_css":"","footnotes":""},"categories":[192,143,147,363,359,360,377,145,354,197,313,202,160,141],"tags":[496,503,407],"acf":[],"uagb_featured_image_src":{"full":["https:\/\/www.commercialriskonline.com\/wp-content\/uploads\/2022\/11\/Switzerland-flooding_shutterstock_2171621593.jpg",700,400,false],"thumbnail":["https:\/\/www.commercialriskonline.com\/wp-content\/uploads\/2022\/11\/Switzerland-flooding_shutterstock_2171621593-150x150.jpg",150,150,true],"medium":["https:\/\/www.commercialriskonline.com\/wp-content\/uploads\/2022\/11\/Switzerland-flooding_shutterstock_2171621593-300x171.jpg",300,171,true],"medium_large":["https:\/\/www.commercialriskonline.com\/wp-content\/uploads\/2022\/11\/Switzerland-flooding_shutterstock_2171621593.jpg",700,400,false],"large":["https:\/\/www.commercialriskonline.com\/wp-content\/uploads\/2022\/11\/Switzerland-flooding_shutterstock_2171621593.jpg",700,400,false],"1536x1536":["https:\/\/www.commercialriskonline.com\/wp-content\/uploads\/2022\/11\/Switzerland-flooding_shutterstock_2171621593.jpg",700,400,false],"2048x2048":["https:\/\/www.commercialriskonline.com\/wp-content\/uploads\/2022\/11\/Switzerland-flooding_shutterstock_2171621593.jpg",700,400,false],"image-publication":["https:\/\/www.commercialriskonline.com\/wp-content\/uploads\/2022\/11\/Switzerland-flooding_shutterstock_2171621593-390x223.jpg",390,223,true],"image-publication-large":["https:\/\/www.commercialriskonline.com\/wp-content\/uploads\/2022\/11\/Switzerland-flooding_shutterstock_2171621593-476x272.jpg",476,272,true],"jannah-image-small":["https:\/\/www.commercialriskonline.com\/wp-content\/uploads\/2022\/11\/Switzerland-flooding_shutterstock_2171621593-220x150.jpg",220,150,true],"jannah-image-large":["https:\/\/www.commercialriskonline.com\/wp-content\/uploads\/2022\/11\/Switzerland-flooding_shutterstock_2171621593-390x220.jpg",390,220,true],"jannah-image-post":["https:\/\/www.commercialriskonline.com\/wp-content\/uploads\/2022\/11\/Switzerland-flooding_shutterstock_2171621593.jpg",700,400,false],"featured-2":["https:\/\/www.commercialriskonline.com\/wp-content\/uploads\/2022\/11\/Switzerland-flooding_shutterstock_2171621593-530x340.jpg",530,340,true],"editors-pick":["https:\/\/www.commercialriskonline.com\/wp-content\/uploads\/2022\/11\/Switzerland-flooding_shutterstock_2171621593-219x115.jpg",219,115,true],"archive-thumbnail":["https:\/\/www.commercialriskonline.com\/wp-content\/uploads\/2022\/11\/Switzerland-flooding_shutterstock_2171621593-375x375.jpg",375,375,true],"mobile-thumbnail":["https:\/\/www.commercialriskonline.com\/wp-content\/uploads\/2022\/11\/Switzerland-flooding_shutterstock_2171621593-375x300.jpg",375,300,true],"single-feature":["https:\/\/www.commercialriskonline.com\/wp-content\/uploads\/2022\/11\/Switzerland-flooding_shutterstock_2171621593-700x400.jpg",700,400,true],"square-thumbnail-s":["https:\/\/www.commercialriskonline.com\/wp-content\/uploads\/2022\/11\/Switzerland-flooding_shutterstock_2171621593-100x100.jpg",100,100,true]},"uagb_author_info":{"display_name":"Ben Norris","author_link":"https:\/\/www.commercialriskonline.com\/author\/ben-norris\/"},"uagb_comment_info":0,"uagb_excerpt":"Many risk managers feel they have been in firefighting mode for the last two years, struggling to stay ahead of one crisis after another. Reporting risks is no longer enough. It is critical that risk managers are able to prepare for risks before they happen. While new risks have emerged …","_links":{"self":[{"href":"https:\/\/www.commercialriskonline.com\/wp-json\/wp\/v2\/posts\/96144"}],"collection":[{"href":"https:\/\/www.commercialriskonline.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialriskonline.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialriskonline.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialriskonline.com\/wp-json\/wp\/v2\/comments?post=96144"}],"version-history":[{"count":3,"href":"https:\/\/www.commercialriskonline.com\/wp-json\/wp\/v2\/posts\/96144\/revisions"}],"predecessor-version":[{"id":105151,"href":"https:\/\/www.commercialriskonline.com\/wp-json\/wp\/v2\/posts\/96144\/revisions\/105151"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialriskonline.com\/wp-json\/wp\/v2\/media\/96145"}],"wp:attachment":[{"href":"https:\/\/www.commercialriskonline.com\/wp-json\/wp\/v2\/media?parent=96144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialriskonline.com\/wp-json\/wp\/v2\/categories?post=96144"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialriskonline.com\/wp-json\/wp\/v2\/tags?post=96144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}