Association of Insurance and Risk Managers in Industry and Commerce (Airmic)
Parametric cover 'could go mainstream'
Parametrics, a specialised form of reinsurance or insurance used mainly in catastrophe bonds, could become more mainstream as risk managers seek to overcome some of the limitations of traditional insurance, according to a survey.
Commercial insurance must face up to tech challenges to stay relevant
The commercial insurance sector and its customers must face up to the realities of the fourth industrial revolution if it is to remain relevant in five and ten years’ time, Airmic CEO John Ludlow warned today.
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…
Interview: John Ludlow, Airmic
With business models facing increasing threats from more directions than ever before, John Ludlow, CEO of the Association of Insurance and Risk Managers, spoke to Post weeks before its members gather in Liverpool and he warned risk managers need to be at…
Analysis: Supply chains: Pruning supply risks
With supply chains entwined through businesses like ivy, disruption risks are climbing. Under-utilised policy wordings and little-known specialist covers haven’t weeded them out
This week in Post: Dual pricing and declaring bankruptcy
If only online retailers worked in the same way as price comparison sites and insurers.
Airmic’s John Ludlow on why diversity and equality have become a business imperative
John Ludlow, CEO of the Association of Insurance and Risk Managers, on lessons learnt the hard way and why diversity makes good commercial sense.
Lust for trust: can public trust be restored in insurance?
Nick Marson, founder of Parallel Mind, talks to commentators from across the insurance market to garner their views of how the insurance market can respond with one collective voice to meet the challenge of restoring public trust
JLT Specialty’s Adrian Donald on speaking CFOs’ language
Risk managers need to speak the same language as chief financial officers to demonstrate the value of insurance, explains Adrian Donald, partner at JLT Specialty.
Preview of 2018: A sneak peek at the coming year
The promised whiplash and discount rate reforms, as well as the UK’s exit from the European Union, are expected to shape the coming year for the industry. Insurers, brokers, loss adjusters and lawyers are wary of political uncertainties and the trends in…
Analysis: Review of the year 2017
The past year has been a stormy one for the insurance market – and not just in terms of weather: the discount rate saga and the insurance premium tax hike helped propel motor premiums to stratospheric highs. Industry figures see clearer skies, however,…
Analysis: Councils: Local challenges
Local government insurance has to deal with emerging risks. How is it adapting as competition increases?
Marsh's Joe Grogan on catering for the mid-market
Joe Grogan, CEO of corporate division at Marsh, says the insurance offering for mid-market firms is too disjointed and complex.
Research: Focus on fraud
What does a Greek merchant in 300BC delivering corn on a cargo ship have in common with nearly one-tenth of today’s UK population? The answer is insurance fraud. Michèle Bacchus takes a closer look.
This Week in Post: Is there a driver on board this truck?
Living in South London, I’m in an on-off relationship with my broadband connection. My unreliable web access is irritating – although it is probably not as bad as in certain rural areas.
Airmic's John Ludlow on the success of the Insurance Act
John Ludlow, CEO of the Association of Insurance and Risk Managers, looks at the successes and failures of the Insurance Act, which came into force a year ago.
BIA 2017: The judges
Meet the judges who deliberated over the winning entries at this year's British Insurance Awards
Willis Towers Watson's Liz Lister on the benefits of specialist knowledge
The only absolute certainty in today’s modern world is change. Change creates new risks for all businesses, whether they are based in the north or south of the country, have international reach or are mid-market organisations.
I work in insurance: Georgina Oakes, Airmic
Oakes is research and development manager at the Association of Insurance and Risk Managers
Rising Star: Danielle Wishart, ASOS
Danielle Wishart is part of Airmic’s Fast Track committee. She works in the business assurance department at ASOS and is responsible for the Risk Register and business continuity programme. Wishart studied risk management at university and has gained a…
This Week: Stoic London
The generosity and heroic nature of Londoners came to the fore this week, when after two recent terrorism attacks the city saw the worst fire in recent history. Firefighters were heralded for entering the 24-storey flaming building and the community came…
Airmic 2017: Risk managers need to focus on the short term to tackle unpredictable risks
The risks facing UK firms are changing at such a pace that risk managers need to focus on the immediate short term not just the risks of the future, members of the Association of Insurance and Risk Managers heard.
Airmic 2017: Market not yet consistent on Insurance Act, Airmic warns
Brokers are adopting different approaches to achieving a fair presentation of the risk under the Insurance Act, the Association of Insurance and Risk Managers has warned.
Organisations not doing enough to ensure travel risk strategies are fit, Airmic warns
Organisations are not doing enough to ensure their travel risk strategies are “fit for the 21st century”, The Association of Insurance and Risk Managers has warned.