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.
Duty of Care responsibilities are becoming more exacting and harder to meet in a fast-changing global landscape. Mental health risks, the expectations of millennial employees, cybercrime and climate change are just some of the factors creating a challenging travel risk environment this year.
Since the publication of the Grenfell Tower Inquiry Phase 1 Report on 30 October 2019, the industry has been interpreting the content of the report and its recommendations. At this stage, recommendations are just that - recommendations - but they could potentially become law.
Traditional approaches to risk management no longer align with the requirements of the modern risk landscape, according to Tom Teixeira of Arthur D. Little, who argues that alternative, proactive approaches must now be used to overcome the challenges posed by emerging risks.
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