The cyber threats arising from a growing work-from-home global workforce was addressed in an Airmic LIVE webinar on 27 April, by Ben Hobby, Partner and Bernard Regan, Head of Forensic Technology at Baker Tilly - a leading forensic advisory firm and Airmic partners.
Many industrial or commercial facilities have had to shutdown as the outbreak brings a halt to operations. However, risks, and the potential for losses, still remain, even when sites are idle or largely unoccupied. Allianz Global Corporate & Specialty’s (AGCS) risk consultants highlight some steps companies can take to reduce the chances of things going wrong and to mitigate their impact if they do.
Two years after the the General Data Protection Regulations (GDPR) came into force, Airmic has published a white paper outlining the actions taken so far, lessons learnt and a checklist for risk professionals.
Each month Airmic News will be showcasing one of the Association's communities to highlight the growing networking and knowledge sharing groups focused on particular topics or disciplines. This month we take a look at the Captive Insurance Special Interest Group.
The role of the risk manager is often described as keeping the ship and its cargo afloat, but he or she must also chart the safest and most effective course through perilous seas. For the risk manager to keep on course, he needs a comprehensive view across all business units as well as corporate functions like risk and compliance, as well as key business partners, suppliers, and outsourced entities. Also, it is not all about threats…just as important is to evaluate the opportunities; seeing which ports and cargo are best as it were. Angus Rhodes, Global Product Manager at Ventiv, discusses the use of technology solutions to view and manage risks.
The combined threat of COVID-19 and the hardening market has produced a challenging environment for risk professionals that can be eased by a collaborative insurance market that chooses to work with, rather an against, its customers, according to John Ludlow, CEO of Airmic.
Following the announcement from the government last weekend we now begin the complicated and challenging task of getting ‘back to work’. For some this means implementing new ways of working for others it means the planning starts in earnest now. Just how do you re-start operations, re-open buildings and facilities, bring employees back…even open doors to the public again. All in a safe and controlled manner?
Airmic members, along with risk professionals in Germany, have reported a fundamental shift in pricing and the scope and availability of cover in the results of separate surveys from the respective markets.
The second episode of Airmic’s fortnightly podcast, Airmic Talks, was released on Sunday, 15 March and focusses on what responses organisations are, and should be, taking to the outbreak of Coronavirus.
Changes brought about by the Insurance Act 2015 in relation to basis clauses, warranties and other terms may have the knock-on effect of seeing the increased use of conditions precedent in policy wordings. Paul Lewis and Laura Moorhead of Herbert Smith Freehills LLP exp
Although Theresa May has said that "Brexit means Brexit", there is still a huge amount of uncertainty and debate about what it will actually look like. Ben Waterton of Arthur J. Gallagher urges risk managers to act now.
Policyholders should be willing to pay higher insurance premiums for contract certainty, according to an Airmic report on the importance of business-critical insurance launched at its annual conference.
Airmic has set up the fastTrack scheme to give young risk managers help with their careers. It is also open to more experienced members who have taken on new roles. Fifty five people have so far expressed an interest in taking part. More