A marriage made in heaven?

Procurement departments increasingly help risk managers make choices about insurance providers. This is an arrangement that often works well but only if both parties understand where they fit in. With a new guide to procurement set to be launched next month, co-author Paul Hopkin explains the thinking

Insurance is typically one of the biggest annual investments organisations make and, in the event of a large claim, becomes a massive potential source of capital. Yet it is also a distress purchase -