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Where should risk management be placed within the governance structure of a business?

As long as risk managers have access to the decision-makers at the top table, it doesn’t matter where they fit within the organisational structure. But there are arguments for why risk management should sit with internal audit, writes Alex Sidorenko, chief executive of Risk Academy

Changing Risk report_day 1-1

We are trying to revolutionise risk

When it comes to risks, the only constant is change. We have launched the #ChangingRisk survey to find out how you, the industry, believe we can adapt, so that we remain most valuable and relevant in this rapidly moving business world. Here’s a preview of the results so far

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Four changes risk managers must make if they want to make a difference

Risk managers need to change the way they view, approach and act on risk. There are no quick fixes, just a hard process for #ChangingRisk, writes Hans Læssøe, principal consultant at AKTUS and former risk manager of The LEGO Group

Alexander Larsen

Making risk management a state of mind

Get away from your desks, network, build relationship and understand what is close to the hearts of the top table. These are just some of tips offered by Alexander Larsen, president of Baldwin Global Risk Services, for how risk managers can make a difference in #ChangingRisk

Mergers

The questions that Marsh-JLT Specialty will need to address in Harrogate

Marsh’s UK and Ireland chief executive Chris Lay tells StrategicRISK that more JLT staff are likely to leave as premium increases put pressure on brokers to work harder

In partnership with AIG_r_rgb_small

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Beyond a one-stop shop

The pitfalls to buying business travel insurance for employees are plenty. But insurers have taken note and are offering blended but robust and bespoke coverage, says Ian Robinson, head of UK personal insurance, AIG

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In tech we must trust

No matter how sophisticated, security technology only keeps people safe if they use it. How do you ensure staff engage with the tech you develop?

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Avoid a tug of war

HR and risk departments may both be seeking to protect employees from conflict overseas, but must beware the conflict among themselves

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Build a security culture

How do you foster threat awareness and guard against complacency among your travelling workforce? We get the lowdown from Tess Baker, director at crisis prevention and response consultancy NYA – AIG’s service partner in crisis management

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The rise of cyber terror

Terrorist groups targeting business and even governments with ransomware and data theft could wreak misery and mayhem. But there are ways to armour up

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#ChangingRisk

Changing Risk report_day 1-1

We are trying to revolutionise risk

2019-06-12T14:00:00+01:00

When it comes to risks, the only constant is change. We have launched the #ChangingRisk survey to find out how you, the industry, believe we can adapt, so that we remain most valuable and relevant in this rapidly moving business world. Here’s a preview of the results so far

ChangingRisk2

Four changes risk managers must make if they want to make a difference

2019-06-11T09:26:00+01:00

Risk managers need to change the way they view, approach and act on risk. There are no quick fixes, just a hard process for #ChangingRisk, writes Hans Læssøe, principal consultant at AKTUS and former risk manager of The LEGO Group

Tracey

Risk managers need to be brave and reach the next level

2019-06-05T10:50:00+01:00

Airmic board member and risk manager for BT Tracey Skinner explains why risk managers need to talk to as many people as possible and not be blinded by their jargon

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Valuing intangible assets

2019-06-05T10:38:00+01:00

Data has an intrinsic value but how do insurers value an intangible asset? James Tuplin from AXA XL explains.

Julia Graham

How to upgrade your risk management

2019-06-03T18:16:00+01:00

As part of our #ChangingRisk series at Airmic 2019, Julia Graham, deputy chief executive and technical director at Airmic says risk managers must upskill on communication and storytelling and broaden their knowledge to gain the eyes and ears of the c-suite and the board

Risk leaders

Tim Murray_profile

Perception is king

A ‘stuffy’, ‘data-led’, ‘paper-driven’ profession is what some believe risk management to be. But it is a perception far from the truth, and Tim Murray, Airmic’s new chair, is on a mission to let everyone know what risk management really is about. Sara Benwell reports

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The science guy

Smart technology while great for business are also increasing our exposure to cyber risks. But Airbus Defence and Space’s risk manager Philippe Cotelle says it’s not rocket science. His approach to cyber risk is influencing our entire industry. His first lesson? Make the tech guys your new best friends

Kurt 2

Taking the temperature of risk

When Kurt Meyer took the job as head of risk and insurance for the swiss national grid, he had no idea that it would lead him to reshape the conversation around risk management.

Adilia Ismail

‘We need to be agile in the way we look at risk’

Nor Adila Ismail, the long-serving chief risk officer at Malaysian oil and gas company PETRONAS, has taken an unconventional route to the top. She reveals what she has learned about the risk profession, and offers some advice to newcomers.

Nigel Tay-StarHub_forweb

Bright young star

Risk managers all love a nice long risk document, right? Not so StarHub’s Nigel Tay. Meet the man bringing on-the-ground collaboration, agile process and even fun to corporate risk management. Trust us, you’ll like him.

The Journal

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The Journal: Business interruption

2018-12-31T00:31:00+00:00

StrategicRISK and Swiss Re Corporate Solutions launch the second edition of The Journal examining business interruption

SRJournalProductrecall

StrategicRISK The Journal: Product recall

2018-12-18T03:40:00+00:00

The first edition of The Journal examines product recall risk.

Guides

I stock 692837788

Autonomous vehicles: logistics transformed

2017-12-14T15:44:00+00:00

Autonomous technology is transforming many industries. Transportation and logistics already pose complex risks for risk managers and insurance buyers. For autonomous vehicles the logistics sector will be in the vanguard of change. In association with AIG