Jen Clark, Senior Risk Engineer, and Paul Redington, Regional Major Loss Manager, discuss the rising risks associated with floods and how flooding across the UK is changing.

Part of the Airmic EXPLAINED series of guides, this guide provides an introduction to the concept of risk appetite and addresses the myths, and the links with culture, maturity and sustainability. Defining and implementing risk appetite (often also referred to as a risk attitude) is a strategic activity that involves the Board and top management, as it must be aligned with strategic objectives, and requires consensus and engagement from the organisation’s leadership. This guide is essential reading for those new to the risk management profession, or for those who find themselves with a responsibility for risk management as part of a wider role.

Social media can not only introduce reputation risks but cybersecurity concerns as well. To address these threats, organisations should develop methods to screen for potential problems and effective social media policies that establish appropriate expectations for employees’ social media conduct.

After consulting with top business leaders and legal, public-policy, and risk professionals at Fortune 500 companies in multiple industries, this article suggests that company leaders can use a five-pronged approach to managing geopolitical risk.