Latest Risk Management Headlines

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

WTW Acquires Climate Risk Analytics Firm Butterwire

Jul 12 2022 // Insurance broker WTW reported its acquisition of Butterwire, a provider of data analytics, artificial intelligence and machine learning platforms.Based in Glasgow, Scotland, the financial analytics company will become a...

‘Cautious Optimism’ for Cyber Buyers as More Focus on Risk Controls: Marsh

Jul 6 2022 // While the market for cyber insurance is expected to remain challenging “for the foreseeable future,” there is optimism for rate stabilization as organization focus on cyber hygiene, according to broker Marsh.In...

Hub Acquires Niedermeyer Risk Management in Oregon

Mar 10 2022 // Hub International Ltd. acquired the assets of Niedermeyer Risk Management LLC in Beaverton, Oregon. Jon Niedermeyer, CEO & managing partner of Niedermeyer Risk Management, and the Niedermeyer Risk Management team will...

Element Risk Management Acquires Pennsylvania’s Ross Insurance

Mar 4 2022 // Element Risk Management has acquired Ross Insurance, a personal and commercial lines agency located in Lancaster, Pennsylvania.Terms of the transaction were not disclosed. Ross Insurance was founded in 1960 by Bill Ross...

Riskonnect Acquires UK Risk Management Software Firm Sword GRC

Feb 28 2022 // Integrated risk management software provider Riskonnect reports it has acquired the Sword GRC, a UK-based software company that specializes in project and enterprise risk management products, from global technology firm...

People Moves: BHSI Promotes Alder-Smurthwaite, Emson for UK Casualty; Marsh Names Faull Head of Climate & Sustainability Risk; MS Amlin Appoints 4 for Risk Team

Feb 17 2022 // This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI), Marsh and MS Amlin Underwriting Ltd.A summary of these new hires follows here. BHSI Promotes...

People Moves: McGriff Adds Feighl as Commercial Marketing Account Exec; Harris Joins Alliant in Texas

Feb 11 2022 // McGriff Adds Mike Feighl as Commercial Marketing Account ExecutiveMcGriff has hired Mike Feighl as a senior vice president and marketing executive in its Houston-based Commercial Division. Feighl comes to McGriff from...

One in Four UK Properties at Risk of Flood, New JBA Model Reveals

Feb 8 2022 // One in four UK properties are at risk of flood, according to new analysis from JBA Risk Management. The flood specialist’s new UK Flood Model, launched last week, also highlights an estimated annual cost of £527...

People Moves: J. Morey Company in California Names Chu SVP of Sales; Breskin to SVP of Risk Management

Feb 8 2022 // The J. Morey Company Inc. Insurance Agents & Brokers in Cypress, California, named Brian Chu to the sales team as a senior vice president.Chu will be responsible for new business development and serve as an advisor to...

People Moves: Santelli Joins Alera; POWERS Adds Hohn

Feb 7 2022 // Alera Group Names Tina Santelli VP of Worksite Specialty SolutionsAlera Group announced that Tina Santelli has been appointed as Vice President of Worksite Specialty Solutions and Services, effective February 1, 2022. In...

People Moves: Catalina Appoints ERS’ Parker as CEO; WTW Hires Aon’s Grimwade for D&F Team; BMS Names Former Aon Exec Matheson as Canada Chairman

Feb 3 2022 // This edition of International People Moves details appointments at legacy acquisition specialist Catalina Holdings (Bermuda), Willis Towers Watson (WTW) and BMS Canada.A summary of these new hires follows here. Legacy...

FERMA Launches Risk Management Tool for Remote Working

Jan 28 2022 // The Federation of European Risk Management Associations (FERMA) has launched a simplified guide to risk mapping for remote working.The tool consists of a simple questionnaire that organizations of any size can use. Using a...

Alera Group Acquires Texas’ Heritage Risk Management

Jan 28 2022 // Alera Group has acquired Heritage Risk Management, a Lubbock, Texas-based network of independent risk management agencies serving clients throughout Texas, Oklahoma, Colorado and New Mexico. Heritage Risk...

In 2021, Risk Managers Median Salary Hit $135K in U.S.; $120K in Canada

Jan 25 2022 // Risk professionals at all levels in the United States experienced an average 14.4% base salary increase in 2021 compared to 2019, while Canadian practitioners experienced an average 18.8% increase in the same period,...

Alera Group Acquires Texas-Based Heritage Risk Management

Jan 20 2022 // Alera Group, a national insurance and wealth services firm, has acquired Amarillo, Texas-based Heritage Risk Management, a network of independent risk management agencies which serve clients throughout Texas, Oklahoma,...

People Moves: Actuarial Risk Management Names Cummings as Senior Consulting Actuary; Rockford Adds Pair

Jan 19 2022 // Actuarial Risk Management Names Terrence Cummings as Senior Consulting ActuaryActuarial Risk Management, a actuarial consulting firm, has addedTerrence Cummingsas senior consulting actuary. In this new role, Cummings will...

Global Life Insurers Adapt Pandemic Risk Models After Unexpected Jump in Claims

Jan 13 2022 // A coronavirus pandemic which lasts five years, another pandemic in a decade, and ever more transmissible variants are among the scenarios life insurers are predicting after COVID-19 claims jumped more than expected in...

WTW Launches Crisis Management Business Unit for Security Risk Management

Jan 12 2022 // Willis Towers Watson announced the formation of a new Crisis Management unit with the merger of Special Contingency Risks (SCR) and the Terror and Political Violence teams, which will sit within its Financial Solutions...

Arthur J. Gallagher Acquires Illinois’ Tave Risk Management

Dec 15 2021 // Arthur J. Gallagher & Co. has Chicago-based Tave Risk Management, LLC. Terms of the transaction were not disclosed. Founded in 2000, Tave Risk Management, LLC is a retail property/casualty broker and risk advisory firm...

RMS Working with Canopius to Enhance Climate Change Risk Analysis with RMS Climate Change Models

Dec 14 2021 // LONDON – 13th December, 2021 – RMS, the world’s leading catastrophe risk solutions company, is working with leading global specialty (re)insurer Canopius to develop and enhance Canopius’ climate change risk...