Organisations striving to build supply chain resilience need to give risk professionals, risk engineering and risk perspective a place at the table when mapping and auditing their key business partners.
Michelle Elstein, founder of Courageous Co. and a corporate energiser, will call on delegates to discover and embrace their leadership potential in a plenary session at the fastTrack Forum on 10 March.
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. First up is the Enterprise Risk Management Special Interest Group.
Data has revealed that organisations are struggling to use financial incentives to promote a positive risk culture. Risk professionals are well-placed to turn this round, argues Deborah O'Riordan of QBE Risk Solutions, who offers practical advice on how to implement change.
In the first of our member interviews addressing the Airmic News theme of the month, Matthew McEwan, Director of Risk Management at Coca-Cola European Partners, shares his views on the risk professional's role in protecting the supply chain.
The World Economic Forum's Global Risks Report 2020 has identified all top five global risks, in terms of likelihood, as environmental. It is the first time environmental risks have dominated the survey, produced in partnership with Marsh & McLennan and Zurich Insurance Group, in its 10 year history.
Supply chain fulfilment is critical to successful performance of most businesses, and globalisation means that these supply chains are getting longer and more complex. The current coronavirus pandemic is all too real an example of something which has the ability to shut down business across cities.
Since the first case of novel coronavirus was reported in Wuhan, China on 31 December, more than 20,000 people have been infected across Asia, and more than 420 people have died, all but two in Mainland China.
Airmic launched a 'first of its kind' Guide in December, addressing the evolving nature of people risk and the role risk and insurance professionals can play in identifying and understanding the challenges they pose.
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.
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
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