Airmic conference
Virgin Atlantic dropped insurance broker due to alleged lack of hard market know-how
Virgin Atlantic switched its insurance broker three weeks before the renewal date of its directors and officers policy out of frustration with poor communication and a lack of faith in brokers’ ability to deal in a hard market, its head of risk said at a…
Climate-related litigation could produce 'grey or black swan event'
Business may not be devoting enough attention to the financial risks associated with climate change-related litigation and business transformation, Axa XL spokespeople told risk managers on Wednesday.
Analysis: One in five D&O buyers witnessing 400% premium increases
One in five UK directors and officers insurance buyers faced rate rises of 400% or more during this year’s renewals, according to Airmic.
Airmic unveils cross-body Resilience Alliance
Airmic has joined with three other professional membership organisations to create the Resilience Alliance in an effort to join up thinking between different disciplines involved in business resilience.
Incoming Airmic chairman warns buyers may need to turn to alternatives to insurance
Insurance buyers will need to watch what they spend on insurance and potentially seek out alternative mitigation strategies if the market hardens, new Airmic chairman Tim Murray has warned.
Risk spend should increase on intangibles: Airmic
Risk managers need to overcome their blind spot toward intangible assets like reputation and intellectual property, a conference heard.
Geopolitical risks are a growing concern for boards: Airmic
Six out of ten risk managers believe that geopolitical tensions will become harder to manage for businesses in the next three years.
Airmic Conference 2019 Q&A: Manan Sagar, Fujitsu
Ahead of the Association of Insurance and Risk Managers conference, Jonathan Swift caught up with Fujitsu chief technology officer Manan Sagar to talk about the future of risk management and the role of technology in that evolution.
This week in Post: GDP what?
My colleagues have come up with a creative idea to celebrate the General Data Protection Regulation. First you create a GDPR cocktail with gin, Drambuie, prosecco and rum. Then you take a sip every time you receive an email asking you to update your…
Pool Re: The changing face of terrorism
The number of terrorist incidents on UK soil has dropped since Pool Re was set up, with Irish republican paramilitary attacks giving way to less frequent strikes by radical Islamic terrorists, however, the threat to the country remains as severe
Airmic's John Hurrell on why insurers should assess risk culture
It is a well-established practice for underwriters to take into account risk management performance when assessing the risk profile of a business.
Risk managers and business leaders must be 'cyber savvy'
The UK’s business leaders and risk managers need to be ahead of the curve when it comes to cyber risk, said Julia Graham, technical director at the Association of Insurance and Risk Managers.
Insurance United Against Dementia calls on industry to help raise £10m for research institute
Campaign aims to unite the sector against the biggest cause of death in UK
Airmic CEO John Hurrell to step down
John Hurrell is to step down after nine years as CEO of the Association of Insurance and Risk Managers, the association that represents UK risk managers and insurance buyers.
Electronic trading: What is good form online?
The growth in online communications makes BT's strapline ‘It's good to talk' seem dated, but anyone who has had to lift a phone to unravel a burgeoning misunderstanding in an email can appreciate its spirit.
Time to focus on liability
Most employers don't spend too much time thinking about employers' liability, public liability and product liability unless they actually have a claim. So perhaps it is just as well that the national media is continually drawing attention to tragic…
Are travel insurers keeping pace with global terrorism?
Terrorism has changed, and consumers are now expecting more from insurers
Alton Towers crash could see more attention paid to risk management, insurers say
Insurers have said the Alton Towers 'smiler' crash has forced them to look closer at theme park risk management.
Insurers need to 'up-skill' in order to offer better cyber policies
The need for cyber policies is growing but competency seems to be behind the curve among those who are underwriting the policies, say industry professionals.
Week in Post: Rio 2016, diving doggies, a racism row and rejoice, the Insurance Act is finally here!
You know you’ve been bitten by the Olympic bug when you find yourself watching the weightlifting at 1:30am in the morning, hours before you have an event and need to be pretty sharp.
Insurance market prepared for Insurance Act finds Airmic survey
The Insurance Act has become official today and risk managers are confident insurers and brokers have prepared for the changes, according to research by the Association of Insurance and Risk Managers.
Innovation lessons insurers can take from lawyers
Insurers and lawyers don’t have a reputation of tech-savvy trailblazers. Yet some of them have adopted new technologies, including artificial intelligence. So, what works and what doesn’t?
QBE's Jeff Carr on partnerships in risk management
The future and what it holds was a dominant theme at this year’s Association of Insurance and Risk Managers conference, as the risk management community gathered to discuss emerging risks, the changing risk environment and how old threats are morphing…
Airmic 2016: Understanding cyber risk landscapes
Pre and post-incident loss testing is of paramount importance if companies wish to prepare for a cyber attack, and company boards should be more involved with cyber exposure prevention, according to the Cybercrime Research institute.