Association of Insurance and Risk Managers in Industry and Commerce (Airmic)
Airmic CEO Julia Graham to step down next year
Julia Graham is set to step down from her role as CEO of Airmic next year and will be succeeded by Diane Maxwell.
Treasury set to greenlight new UK captives regime
HM Treasury is expected to push ahead with plans to reform regulations in order to encourage the growth of a UK captives sector.
Liverpool’s insurance sector is still alive and kicking
As the Airmic conference lands in Liverpool, Insurance Post’s Harry Curtis takes a look at the city’s storied insurance past as well as how the industry is still quietly thriving on Merseyside.
Only 7% of businesses adopt parametric flood insurance
Just 7% of businesses have included a parametric insurance solution in their flood risk financing programme, according to research from Previsico and Airmic.
Myrie nets £30k from insurance industry conferences
BBC journalist and presenter Clive Myrie has netted at least £30,000 in fees for insurance industry events, including the Biba and Airmic conferences, over the past two years.
Reeves announces consultation on UK captives regime
Rachel Reeves has announced a consultation on a new approach to regulating UK captive insurers in her first Mansion House speech as Chancellor of the Exchequer.
How insurers address evolving supply chain risks
How incidents like the attacks in the Red Sea, drought in the Panama Canal and Baltimore bridge collision have the potential to create cascading exposures for insurers is examined by Tim Evershed.
Cover for damage caused by social unrest faces uncertain future
Cover that UK businesses currently take for granted is increasingly being hived off into the political violence insurance market, a report published by Airmic has highlighted.
Marsh CEO scores insurers ‘C+’ for innovation
Marsh president and CEO Martin South has said that he would score the insurance industry at best ‘a C+’ for innovation and that market structures are preventing the sector putting client needs first.
Lloyd’s captive pipeline ‘strong’ as government explores separate regulatory regime
Lloyd’s has signalled that the launch of the market’s first captive syndicates in decades could be close at hand.
Trade Voice: Airmic on managing the climate risks of tomorrow
Julia Graham, Airmic CEO, argues the events of last month demonstrate the important of tackling climate risks in both the near and far term.
Commercial renewals leave businesses open to cyber attacks
Current industry practices around commercial insurance renewals leave businesses vulnerable to cyber attacks, the founders of an industry-backed data sharing platform have said.
Blanc wants Aviva to persist as ‘massive voice’ on sustainability
Aviva CEO Amanda Blanc has said she hopes to continue to use the insurer’s voice to push for the “sustainability agenda.”
Trade Voice: Airmic’s Julia Graham on how the industry is shaping up in an uncertain world
Julia Graham, Airmic CEO, says that there’s no use in waiting for normality to return, and that the industry must instead continue the work of becoming more resilient in the face of multiplying risks.
Airmic tips parametrics for key role as members label traditional policies' nat cat coverage inadequate
Over three quarters of corporate insurance buyers think that traditional property damage and business interruption policies do not adequately cover natural perils, according to a survey by Airmic.
Consideration of systemic cyber risk threatens to prevent insurers providing 'viable solutions'
Caution from insurers mindful of the systemic cyber risk is in danger of preventing the insurance market catering to the needs of businesses, William Wright, partner and director at specialist broker Paragon, has said.
War and inflation to drive biggest commercial insurance shake-up since 9/11, says Mactavish's Carslaw
The commercial insurance market is heading for its biggest shake up in 20 years due to the knock-on effects of the war in Ukraine, inflation and other factors, Mactavish managing director Heidi Carslaw has said.
Public-private partnership to tackle systemic risks 'in the government's interest', says Pool Re CEO Clementi
Pool Re CEO Tom Clementi has said that it is in the government’s interest to pursue a public-private partnership with the insurance industry to address systemic risks.
David Howden labels sector as 'lazy' and 'lethargic' as he warns relevance of insurance is slipping away
David Howden has challenged the insurance industry and the risk managers that buy insurance to reflect on how relevant they are to the world of business.
Spotlight: Cyber - SME cyber – Size does not matter in cyber attacks
A serious misconception that cyber-criminals only target large organisations means that SMEs have been slower to adopt cyber insurance than large corporates. However, the surge in attacks on SMEs over the past two years is changing this view. Valerie…
Trade Voice: Airmic's Julia Graham on how captives can help organisations to manage risk in uncertain times
As the turbulence in the world increases and throws up new – and different – risks, now is the time for captives to undergo a renaissance, argues Airmic CEO Julia Graham.