Latest Risk Management Headlines

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

JLT Towner Acquires Charter Risk Management Services in Connecticut

Dec 3 2013 // JLT Towner Insurance Management (USA), LLC, announced its acquisition of Charter Risk Management Services, LLC, a Connecticut captive management company. Terms of the transaction were not disclosed. Under the transaction,...

When Coverage Isn’t Enough: Managing Risk a Challenge for Insureds

Dec 2 2013 // Companies of all types and sizes are facing increased risks, but many are not putting adequate programs in place to manage those risks, according to a Zurich-sponsored study by Forbes Insights. As a result, companies are...

Transforming Your Customer Experiences in a Lean Environment

Dec 2 2013 // Toyota Motor Cars, Toyota Production Systems, and Taichi Ohno have nearly perfected lean manufacturing techniques.TPS has been in constant pursuit of perfection since the concept of lean was introduced by Sakichi Toyoda of...

PLUS in Orlando

Nov 18 2013 // It’s time for the insurance industry to be “bold” and “sexy” in creating new insurance products and services to help the world deal with extreme risks that are becoming more common, according...

Berkshire Hathaway Specialty Adds Healthcare Risk Management

Nov 13 2013 // Berkshire Hathaway Specialty Insurance is expanding its healthcare professional liability capabilities to provide customers with customized risk management support. The company will now reimburse qualified healthcare...

Dodd-Frank Swaps Rule Could Impact Insurers’ Risk Management, Ratings: S&P

Nov 11 2013 // Ratings analysts at Standard & Poor’s say that a Dodd-Frank provision having to do with derivatives could improve insurers’ risk management and have a minor impact on ratings.In response to the financial...

Lockton’s ‘Compass’ System Helps Multinationals with Global Compliance

Nov 6 2013 // “One of the growing concerns among multinational risk managers is global insurance program compliance,” a bulletin from Lockton notes. As a result the global insurance broker has launched a new online system...

World Needs Insurance Industry to Be ‘Bold’ and ‘Sexy’ Now, PLUS Told

Nov 4 2013 // It’s time for the insurance industry to be “bold” and “sexy” in creating new insurance products and services to help the world deal with extreme risks that are becoming more common, according...

Advisen: Historians May See 2013 as ‘Cyber Tipping-Point’

Nov 4 2013 // Historians may look at the year 2013 as a “cyber tipping-point” — the point at which businesses and governments finally realized the severity of the threats they were facing, according to Advisen, a New...

Risk Managers: Loss of TRIA Would Limit, Possibly End, Terrorism Coverage

Oct 30 2013 // A majority of risk professionals believe expiration of the federal terrorism reinsurance program would result in a decrease of affordable terrorism coverage or, even, the total elimination of the coverage, according to a...

Advisen: Historians May See 2013 as ‘Cyber Tipping-Point’

Oct 28 2013 // Historians may look at the year 2013 as a “cyber tipping-point” — the point at which businesses and governments finally realized the severity of the threats they were facing, according to Advisen, a New...

Verisk Climate, HSB Launch Service to Assess Electrical Blackout Risk

Oct 24 2013 // Verisk Climate and The Hartford Steam Boiler Inspection and Insurance Co. (HSB) have introduced new technology and consulting services that help insurers and businesses predict the likelihood, severity, and financial...

Cook Named Vice President of Risk Management for IMA in Colorado

Oct 22 2013 // IMA Inc. named Lawrence Cook to its risk management team as a vice president.Cook will be focused on the management of existing captive insurance programs as well as the development of new group captive opportunities. Cook...

Insurance Industry to Benefit from Clean Energy Boom

Oct 21 2013 // The renewable energy industry could be spending three times as much on insurance every year by 2020 to mitigate risks to projects, says a report by Bloomberg New Energy Finance.The report, commissioned by Swiss Re, looked...

Insurers Respond to Risk Managers at FERMA Forum – Part 2

Oct 4 2013 // After the risk managers expressed their views on how re/insurance carriers were handling such matters as innovation, new policies and claims handling at the Federation of European Risk Management Associations’...

FERMA Offers Trialogue between Risk Managers, Carriers and Brokers – Part 1

Oct 4 2013 // The insurance industry may have given the world a new word – “trialogue,” meaning a three way conversation. Oddly enough the first person to use it at the Federation of European Risk Management...

Former FERMA President Luzzi Joins Broker MDS for Herco Global

Oct 3 2013 // On the same day that he turned over the presidency of FERMA to Julia Graham, London-based broker MDS announced that “Jorge Luzzi has been appointed as Executive President of Herco Global, the risk management company...

Julia Graham is New FERMA President

Oct 3 2013 // Julia Graham, Director of Risk Management and Insurance for the global law firm DLA Piper, acceded to the position of president of the Federation of European Risk Management Associations (FERMA) at the close of its...

‘Rear View Mirror’ Political Risk Management No Longer Works: Marsh

Sep 30 2013 // In an age of social media, simply looking at what has happened in the past no longer works to forecast what political events lie ahead in emerging markets, insurance and risk management firm Marsh advises.The speed at...

Declarations

Sep 23 2013 // Lonely“It’s lonely sometimes with all the guys.” —Sen. Katrina Frye Shealy, who is also an insurance producer, on being the only woman in the South Carolina Senate.Shake Up“We have gone above and...