Latest Risk Management Headlines

All the headlines from our Risk Management Topic Page, ordered by recency.

Willis Launches European Motor Risk Model for 3rd Party Exposures

Oct 12 2015 // Willis Group Holdings plc has launched a modeling tool that enables risk managers to forecast third party motor risk across Europe.The Dynamic Casualty Forecast tool uses Willis’ proprietary data so that a client...

FERMA Forum Focuses on ‘Great Difficulties’ in an Ever Riskier World

Oct 9 2015 // The FERMA Forum differs from the Reinsurance Rendezvous in Monte Carlo, as it is mainly attended by corporate risk managers, rather than reinsurers and brokers. This year, however, two overriding concerns were uppermost in...

New FERMA President to Focus on Success of Professional Certification Program

Oct 9 2015 // The new president of the Federation of European Risk Management Associations (FERMA), Jo Willaert, says the success of FERMA’s new professional certification program, rimap, is a principal objective of his two-year...

Cyber, Reputation Risks Top List of CEO, Risk Manager Concerns: Marsh Survey

Oct 8 2015 // Cyber and IT-related risks top the list of what keeps CEOs and risk managers awake at night, according to the 2015 International Business Resiliency Survey, conducted by Marsh and Disaster Recovery Institute International...

ACE Appoints Divakaran as Marine Risk Manager for Asia Pacific

Oct 8 2015 // ACE Group has appointed Captain Sivakumaran Divakaran as the new marine risk manager for Asia Pacific.Divakaran will be part of the Asia Pacific Marine team, which provides marine cargo insurance for a wide commodity range...

Risk Managers Show Value with Their Understanding of Risk Tolerance: Willis

Oct 6 2015 // A proper understanding of risk tolerance is one of the key factors that can help the risk function demonstrate that it is much more than a cost center and truly adds value to the organization, according to John Merkovsky,...

FERMA Launches 1st Professional Certification for European Risk Managers

Oct 5 2015 // The Federation of European Risk Management Associations (FERMA) has formally launched its program of European Certification for professional risk managers.It is the first such designation and is designed to reinforce the...

Perception Versus Reality of Today’s Top Business Threats

Oct 5 2015 // In a risk-filled world, what are the worrisome problems keeping business leaders up at night? To get the answer to this question, The Graham Co. conducted a national survey of 300 senior business leaders to find out...

Consolidated Agency Partners, iPrevision to Offer Cyber Risk Management Services

Oct 2 2015 // Consolidated Agency Partners, Inc. (CAP), a preferred carrier market access firm, and iPrevision, have formed a strategic alliance to enhance the cyber and data liability coverage needs of their members and...

Zurich Canada Issues ‘White Paper’ on Drones & Risk Management

Sep 28 2015 // Zurich Canada has released a new white paper on unmanned aircraft systems (UAS), commonly referred to as drones at the Risk and Insurance Management Society (RIMS) Canada Conference in Québec City.Entitled,...

CoreLogic Adds Probabilistic Flood Model to Risk Management Program

Sep 25 2015 // CoreLogic, a residential property information, analytics and data-enabled services provider, has released an expanded version of its natural catastrophe risk management program, which features a probabilistic flood model...

ABA Insurance, BakerHostetler to Provide Cyber Risk Management Program for Banks

Sep 14 2015 // ABA Insurance Services (ABAIS) launched a new cyber insurance product for banks that are insured through ABAIS to help them prevent, prepare for, and respond to data security incidents. BakerHostetler’s privacy and...

University in West Virginia to Require Risk Management Training of Greek System

Sep 14 2015 // Marshall University is requiring its fraternity and sorority chapters to undergo training for risk management and party hosting after hundreds of students had to be dispersed by police last month. Marshall says in a news...

Glatfelter Launches Risk Management Tool for Long Term Care Facilities

Aug 27 2015 // Glatfelter Healthcare Practice, an insurance program serving senior living facilities, home health care and other private homecare agencies, and VorroHealth, a provider of clinical, AR/billing and interoperable technology...

Integro Acquires Entertainment Risk Management, London-Based MGA

Aug 26 2015 // The insurance brokerage and risk management firm Integro Ltd. has acquired Entertainment Risk Management Ltd. (ERM), a London-based managing general agent (MGA), to augment its international entertainment practice....

Survey of Global Executives Reveals Business Threat of Poor Risk Oversight

Aug 24 2015 // Businesses are putting themselves in danger by neglecting or avoiding formal risk management processes, according to a new study by the Enterprise Risk Management Initiative at North Carolina State University on behalf of...

S&P: ILS Investors Could Get Burned as Covered Perils Expand, Terms Widen

Aug 19 2015 // The catastrophe bond market will continue to grow by 10 to 20 percent per year, driven in part by the increase in covered perils and the broadening of event definitions, according to a report published by Standard &...

Hurricane Katrina and the Evolution of Risk Management

Aug 17 2015 // Nearly 10 years ago, wind and storm surges as a result of Hurricane Katrina caused $41 billion in insured losses and $108 billion in total economic losses in the United States. Many of the lawsuits filed as a result of the...

European Captives More Focused on Risk Mgmt., Investments: A.M. Best

Aug 14 2015 // A.M. Best has released a new study -“European Captives Increase Focus on Risk Management and Investments Ahead of Solvency II -” which concludes that “many European captives have embraced Solvency...

Risk Manager Fired by Nevada City Files Discrimination Complaint

Aug 13 2015 // Former risk manager Jack Campbell has filed a federal age and race discrimination complaint against the city of Reno.The Reno Gazette-Journal reported that the existence of the complaint filed in June and a previous...