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Updated: 36 min 28 sec ago

The company secretary can be a risk manager’s best friend

5 June, 2019 - 07:56
A risk manager’s best friend can be the company secretary—certainly for risk managers who aspire to play a more central role within their companies and reposition themselves as strategic business partners.

The Amazon paradox

5 June, 2019 - 07:52
It is a widely held belief that competition is good and monopoly is bad. So why, asks Liberty Specialty Markets’ president and managing director Matthew Moore, does Amazon, with its market dominance, set new standards for service?

The art of big data jiu jitsu

5 June, 2019 - 07:50
The biggest challenge when working with big data is often establishing what question is the best one to ask, Andy Jones, who heads the risk engineering practice at MS Amlin, said yesterday during a workshop at the annual Airmic conference in Harrogate.

Geopolitical risk is top political concern for risk managers

5 June, 2019 - 07:48
More than any other mega trend, Airmic members identified geopolitical tensions as becoming harder, or significantly harder, to manage over the next three years.

Time to dispel run-off myths

5 June, 2019 - 07:45
Paul Corver of R&Q highlights how the captive insurance run-off sector has evolved, and why risk managers should take another look.

Beware the pitfalls of D&O disputes

5 June, 2019 - 07:42
Directors purchasing directors & officers (D&O) insurance should be aware of the pitfalls and the fact that disputes are common in the event of claims in this line of business, but there are some key things they can do to ensure their policy protects them and pays out when it should.

Risk managers fail to make the leap into the big data age

5 June, 2019 - 07:40
Despite the large amounts of data available to risk managers, turning it into actionable information remains an elusive skill, research by QBE and Airmic has found.

Munich Re shares data secrets

5 June, 2019 - 07:38
Risk managers wondering how underwriters use their data to rate and review risks—and then set their rates—were given a behind-the-scenes look at how Munich Re does it, although Airmic 2019 workshop leader James Cleaver, a corporate insurance partner at the German firm, was careful not to give away all the reinsurer’s secrets.

Captives in cyber and CMT well worth watching: Marsh

5 June, 2019 - 07:36
When it comes to making the most of your captive, there is growing interest in what it can do to help cover cyber risks, Robert Geraghty, senior vice president and international sales leader at Marsh Captive Solutions, told Airmic Today.

Gallagher snaps up Australian broker The Protectors Group

4 June, 2019 - 10:53
Insurance brokerage and risk management firm Arthur J Gallagher has acquired The Protectors Group (TPG), an Australian retail broker specialising in construction, hospitality and transport coverage for commercial and corporate clients in Greater Western Sydney.

Marsh partners with insurtech VC fund Eos on real-time risk management solution

4 June, 2019 - 10:21
Specialist venture capital fund Eos has partnered with broker Marsh to develop innovative insurtech solutions that will deliver 'actionable intelligence' to drive real-time risk management within the insurance marketplace.

Traditional reinsurance capital to remain strong in 2019: Fitch

4 June, 2019 - 10:04
US property/casualty (P/C) insurers are well placed to weather the landfall of a significant storm in the 2019 hurricane season despite experiencing elevated catastrophe losses in the recent years, according to Fitch Ratings.

Markel swoops on Chubb for global professional liability executive underwriting officer

4 June, 2019 - 09:20
Markel Corporation has appointed James Proferes as executive underwriting officer for global professional liability.

White Mountains buys stake in ILS manager Elementum

4 June, 2019 - 09:15
Bermuda-based White Mountains Insurance Group has acquired a minority equity stake in Elementum Advisors, an insurance-linked securities (ILS) manager with over $4 billion of assets under management.

Everest bolsters professional liability group with Sompo, Navigators and TMR hires

4 June, 2019 - 09:10
Everest Insurance, the specialty insurance division of Bermuda-based Everest Re Group, has bolstered its professional liability group with three new members who join from Sompo, Navigators and TMR.

Airmic CEO bids insurers to clarify risk appetite in opening speech

4 June, 2019 - 07:59
Society is in the early stages of a revolution driven by technology. While this should mean more prosperity, it will also mean unintended consequences and some “dark and challenging” times, John Ludlow, the chief executive of Airmic, warned delegates in his opening remarks at the risk management body’s annual conference.

Risk managers debate the complex ‘new world’ challenges

4 June, 2019 - 07:57
The world is grappling with a fast-moving and complex fourth industrial revolution, the full consequences of which are impossible for foresee. This means new challenges for risk managers—but also opportunities.

AI can treat customers as individuals

4 June, 2019 - 07:54
Data science and machine learning offer opportunities to provide better pricing and reduce fraud as well as offering other benefits, Airmic delegates heard at the ‘How can AI change the risk landscape for businesses and their insurers?’ workshop led by QBE at the Airmic conference.

Interest in technology to ‘speed up in next five years’

4 June, 2019 - 07:51
An acceleration in the take-up of technology can be expected “in the next five years” as more insurance industry executives recognise the value it can provide, said Steve Cloutman, managing director at advanced analytics company Ventiv Technology.

Tipping point for downstream energy?

4 June, 2019 - 07:48
Paul Sankey, Liberty Specialty Markets’ head of energy & construction, says the downstream energy market needs to do some serious thinking about its profitability.

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