Airmic provides a 24/7 media service, giving information and comment to journalists on topics relevant to risk management and corporate insurance. We also produce contributed articles. Please contact Leigh-Anne Slade, leigh-anne.slade@airmic.com
Cyber insurance and directors and officers (D&O) liability insurance go hand in hand now that company business models increasingly revolve around technology, according to a white paper published by Airmic with support from Marsh and AIG.
Cyber and IT-related risks have emerged as the top concerns for members, according to the latest Airmic survey. It is also the area where risk managers most want to see the insurance industry extend its offering.
The commercial insurance sector and its customers must face up to the realities of the fourth industrial revolution if it is to remain relevant in five and ten years’ time, Airmic CEO John Ludlow warned today.
Parametrics – a specialised form of reinsurance or insurance used mainly in catastrophe bonds – could become more mainstream in the commercial sector and enable risk managers to address some of the limitations of traditional insurance. That is the conclusion of a report from Airmic published today in collaboration with Swiss Re Corporate Solutions and Marsh.
Airmic is pleased to announce that the Institutes – North America's leading provider of professional development courses for risk managers – and the Japanese tech giant Fujitsu have joined the association as sponsors. The Institutes are becoming Education Partner, whilst Fujitsu are Technology Associate Partners.
The need for businesses to have a single person to oversee all aspects of risk is greater than ever, says a new report from Airmic and international consultants Oliver Wyman with support from Marsh. Yet boards in the UK are slow to respond even where there are obvious gaps in risk management.
Airmic has a produced a new guide for buyers of D&O insurance to reflect changes in the business environment since the previous one was published in 2012.