Since March 2020, Airmic has been issuing Friday Reading, a curated series of readings and knowledge resources sent by email to Airmic members. The objective of Airmic Friday Reading was initially to keep members informed during the Covid-19 pandemic. Today, Airmic Friday Reading has evolved in scope to include content on a wide range of subjects with each email edition following a theme. This page is a searchable archive of all the readings and knowledge resources that have been shared.
Friday Reading Edition 78 (15th October 2021)
The Insurance Act was the most fundamental change to UK law governing commercial insurance and reinsurance since the Marine Insurance Act 1906. It governs all polices placed, amended or renewed after the 12th August 2016 and aimed to address the imbalance between insurer and insured rights and encourage a deeper understanding of the risk by all relevant parties. The legislation made significant changes to: the pre-contract duty of disclosure, insurer remedies in the event of a breach of the new duty of fair representation and certain terms used in policy wordings. This guide aims to assist risk professionals in making the most of the benefits of the Insurance Act, while ensuring their own compliance with the duties placed upon them.
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Friday Reading Edition 76 (24th September 2021)
Covid-19 has accelerated the rise of the intangible economy marking one of the most important economic shifts in modern times. Howden calls on insurers to help fill protection gaps as intangible risks become increasingly ‘invisible’ across multiple lines of business and territories.
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Friday Reading Edition 76 (24th September 2021)
Produced in partnership with Aon Risk Solutions and Ventiv Technology – technological advances and the lowering cost of computing makes data available to businesses like never before. Successful businesses are using this data to review business models and drive transformation.
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Friday Reading Edition 75 (17th September 2021)
[Free to read upon providing contact details] This recorded webinar covers the issues of food production and government subsidies to feed the nation, climate change and carbon neutral targets shaping agriculture, and technology developments changing production processes.
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Friday Reading Edition 72 (27th August 2021)
[Free to read upon sharing contact details] This short report examines how Covid-19 has impacted and will continue to fundamentally reshape global supply chains. With many multinationals looking to build resilience into their supply chains, the report takes a closer look at the accelerating trend of regional rather than global supply chains networks, in addition to the strategic use of inventory locations.
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Friday Reading Edition 69 (6th August 2021)
As the world increasingly becomes more data driven and more digitized, the impact of technology can be seen in even the smallest daily task. The insurance industry is no exception, and we are seeing technology enhance the way we interact with our customers and improve the experience when they make a claim.
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Friday Reading Edition 69 (6th August 2021)
Companies with greater gender diversity in leadership roles and promotions, and with more women in highly compensated and revenue-producing jobs, generate a more positive experience for all employees throughout their organisations.
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Friday Reading Edition 67 (16th July 2021)
The Covid-19 pandemic has given the insurance industry a chance to prove its worth, but has also demonstrated that the industry must become more efficient in order to meet the evolving needs of its clients.
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Friday Reading Edition 67 (16th July 2021)
Given the profound uncertainties and their varying impact across business lines, insurers must commit strongly to risk-oriented, structured decision-making approaches. It is time for chief risk officers (CROs) to step up to this challenge. With their help, the industry can reinvent itself to stay relevant to customers and attractive to investors.
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Friday Reading Edition 66 (9th July 2021)
On a new framework for climate risk modeling, rooted in high quality data and deep domain knowledge of weather and climate physics, and which will allow us to answer not only today’s new climate questions, but also tomorrow’s.
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