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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
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
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
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
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
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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
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?
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
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
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
#ChangingRisk
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
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
Risk managers need to be brave and reach the next level
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
Valuing intangible assets
Data has an intrinsic value but how do insurers value an intangible asset? James Tuplin from AXA XL explains.
How to upgrade your risk management
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
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
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
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.
‘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.
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 Knowledge
Better decision making through risk visualisation
Alexander Larsen & Ghislain Giroux Dufort of Baldwin Global talk through how risk managers can use risk management as an effective decsion making tool.
What would be the ideal indicator/parameter to measure your ERM maturity?
Are heat maps a blessing or a curse?
Should I be using ‘near misses’ in my risk management programme and if so, how are these best used/incorporated?
How should risk managers steer their company’s digital transformation strategy?
Where should risk management sit in the organisation?
The Journal
The Journal: Business interruption
StrategicRISK and Swiss Re Corporate Solutions launch the second edition of The Journal examining business interruption
StrategicRISK The Journal: Product recall
The first edition of The Journal examines product recall risk.
Guides
Autonomous vehicles: logistics transformed
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