News
Marsh warns businesses to face up to impact of climate change
“Robust risk mitigation strategies” to deal with climate change are required to protect businesses from major losses, according to Marsh.
Airmic 2011: Study identifies underlying risks that can lead to corporate failure
Boards failing to see – or just choosing to ignore – underlying risks can result in events serious enough to bring down or severely damage otherwise successful companies, research has revealed.
Marsh warns businesses to face up to impact of climate change
“Robust risk mitigation strategies” to deal with climate change are required to protect businesses from major losses, according to Marsh.
Airmic 2011: Global insurance compliance is fastest-rising concern
The compliance of global insurance programmes is the fastest-rising concern amongst Airmic members, according to the result of the risk management association’s latest survey, ranking second only to reputational risk as their main worry.
Airmic 2011: Model-clause unveiled by Airmic
Airmic has published a model-clause aimed at reducing the possibility of firms having policies avoided by insurers as a result of inadvertent omissions in the underwriting information provided by purchasing organisations.
Airmic 2011: Airmic launches risk management mentoring scheme
A mentoring scheme to help give young risk managers a boost in their careers has been launched by Airmic at its annual conference in Bournemouth.
Airmic 2011: A guide to international compliance obligations
A guide to help members ensure their insurance programmes comply with international regulations and tax rules has been published by Airmic.
Airmic 2011: Chartis opens multinational centre of excellence
Chartis has launched a multinational centre of excellence to provide clients and brokers with a focused source of expertise and delivery for global insurance programmes.
Airmic 2011: Property rates to remain static, says Willis
The cost of commercial property and business interruption cover remains at an historic low, the latest Airmic-Advisen benchmarking survey of 135 Airmic members has found.
Airmic 2011: It is not necessary to increase fleet insurance costs each year, says QBE
“Fleet insurance costs do not need to go up each year – there is another way”, says QBE’s Doug Jenkins.
Airmic 2011: Generation Y could hold the key to corporate response to emerging technologies
The use of technology as a central part of their lifestyle separates Generation Y (those under 30 years old) from Generation X (everyone else), but risk managers rarely consider the threat that this cultural chasm represents, the Airmic conference heard…
Airmic 2011: Insurance requires “innovative thinking” to understand challenges of renewable energy market
The Insurance industry requires innovative thinking and a deep level of understanding if it is to face the challenges that come with the renewable energy market.
HDI-Gerling hires UK and Ireland liability head
Industrial Insurance Company HDI-Gerling has appointed Mark Appleton to the position of liability underwriting director for the UK and Ireland.
Airmic 2011: Managing global risks with the right knowledge
Delegates at Airmic were able to see a demonstration of ‘The Zurich Rick Room’ a tool designed by the insurer to help organisations plot their strategic direction in the face of a constantly changing risk landscape.
HDI-Gerling hires UK and Ireland liability head
Industrial Insurance Company HDI-Gerling has appointed Mark Appleton to the position of liability underwriting director for the UK and Ireland.
Giles sells life sciences book to Oamps
Giles is understood to have sold its life sciences business to Oamps Special Risks.
Xchanging makes board changes
London market services provider Xchanging has announced that Ken Lever will take over as chief executive officer on a permanent basis after four months as acting CEO.
Airmic 2011: Intermediaries need to better understand fraud
Insurance fraud is one of the biggest challenges facing the industry, yet 32% of intermediaries are only “somewhat clear” on exactly what constitutes insurance fraud.
Junction renews RAC tie-up
Junction has signed a new five year contract to handle the broker panel for RAC Insurance.
Legal & General joins Gocompare home insurance panel
Legal & General’s general insurance business has joined the home insurer panel at Gocompare, providing customers with access to Essentials and Extra home insurance cover.
Asferica gives Trust Risk Control UK presence
Trust Risk Control, the European network of independent insurance brokers, now has a representative presence in the UK through a co-operation agreement with Asferica Consulting.
Asferica gives Trust Risk Control UK presence
Trust Risk Control, the European network of independent insurance brokers, now has a representative presence in the UK through a co-operation agreement with Asferica Consulting.
New chief risk officer appointed at Travelers Europe
Kendra Felisky has been appointed by Travelers to the newly created position of chief risk officer for Europe, covering both Travelers Syndicate Management and Travelers Insurance Company.
Marsh urges European boards to focus on interconnected risks
Understanding the interconnected nature of the risks their organisations face and adopting a more dynamic approach to risk management should be key priorities for European boards in the wake of increased global perils, Marsh has said.