The changing business and risk landscape, the implications of the fourth industrial revolution for members and how Airmic can help them flourish in the new environment formed the backbone of June's annual conference - the biggest and best ever. A record total of more than 1,800 people attended the event including nearly 500 members.
Risk professionals have typically been people with technical excellence. The 2018 Airmic member survey reports that risk professionals recognise they also need to skill-up to meet the risk challenges of the Digital Age.
Airmic and The Institutes have joined forces to support members in developing risk management knowledge and achieving risk management qualifications. For more than a century The Institutes have worked in the education space of insurance and in more recent years have used their success as a platform from which to create education programmes in risk management. More than 37,000 professionals globally now hold The Institutes' designation of Associate in Risk Management, ARM or ARM-E, the enterprise risk management equivalent.
How to create a common platform for claims in cross-border insurance programmes, encompassing all the diversity of data, notification systems and local regulations that this involves, is a perennial challenge for risk managers.
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
Exhibition stands for the 2017 Airmic conference in Birmingham are now on sale to non-sponsors, the association has announced. The exhibition hall is one of the highlights of the annual Airmic conference, offering delegates networking opportunities, food and drink and entertainment.
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.
Airmic sent top-level Brexit guidance to members EU within hours of the referendum result being known, commenting that the decision “must now surely feature on the list of principal risks for most organisations."
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