Ferma news - Building your own corporate risk engineering approach can produce real benefits

Building your own corporate risk engineering approach can produce real benefits was the message from Wim van Winden, global head insurance and risk manager, Philips International BV, at yesterday's workshop session - "Risk management in reality and what is in it for you." He explained that Philips had changed from an insurance driven risk engineering approach where it was mainly reacting to the recommendation of the different insurers to a Philips risk engineering policy, based on international standards, benchmarking its own loss history and based on good cooperation with insurers, brokers and external partners.

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