Latest Risk Management Headlines
All the headlines from our Risk Management Topic Page, ordered by recency.
AIG Launches Risk Management Service for Builders of Luxury Homes
Jul 16 2015 // AIG Private Client Group, a division of American International Group, Inc., has introduced a risk management and mitigation service for residential construction projects with budgets of $5 million or more. As part of its...
Bank of England to Rule on Risk Models as Insurers Prepare for Solvency II
Jul 10 2015 // The Bank of England will issue its verdict in December on the models insurance companies use to quantify risk and determine capital requirements as the industry prepares for the new European Union rules known as Solvency...
Technology, Supply Chain & Regulation Top ACE Europe’s List of EMEA Risks
Jul 7 2015 // A list, compiled by the ACE European Group, sets out the “new wave of interrelated, fast-changing risks, reflecting rapid changes in the global economic landscape and the increasing role of technology and...
Business Income: Why Worksheets Alone Don’t Work
Jul 6 2015 // Predicting the impact of a catastrophic event on an organization’s future income or profit is an exhaustive risk management exercise when done correctly. Typically chief financial officers, risk managers and...
Plugging the Hole in the U.S. Flood Market: How Risk Modelers Can Help to De-Risk the NFIP
Jul 6 2015 // The National Flood Insurance Program (NFIP) has long been the dominant player in the U.S. flood insurance market, providing subsidized flood insurance based on actuarially unsound rates for millions of property owners, in...
Insight Risk Management Adds 3 Staff Members to Nashville Office
Jul 1 2015 // Insight Risk Management’s Nashville branch, WC Dillon Co./Insight, has hired three new staff members –Raleigh Harwell, Kaitlyn Russell, and Vickie Owens – increasing its local staff to 10. The company said the...
Nominations Sought for New Arkansas Insurance Hall of Fame
Jun 23 2015 // Arkansas insurance industry leaders have established the Arkansas Insurance Hall of Fame (AIHF) and are now taking nominations for its first honorees. The AIHF will be housed within the College of Business at the...
ACE Launches General Liability Offering for Multinational Middle-Market Companies
Jun 15 2015 // ACE Group has launched a new insurance offering that combines domestic general liability coverage and international general liability coverage for U.S. middle-market companies that are expanding globally. The policy brings...
Many UK Businesses Do Not Take Risk Culture Seriously: QBE Europe Survey
Jun 15 2015 // The vast majority of UK businesses (70 percent) are failing to address the importance of embedding a positive risk culture*, according to survey conducted by UK business insurance specialist QBE European Operations, which...
Top 3 Reasons Firms Are Buying Cyber Insurance
Jun 12 2015 // Risk managers purchasing cyber insurance cite reputational harm, business interruption and data breach response and notification costs as the chief exposures they are trying to address. The Risk Management Society (RIMS)...
Top 5 Issues in Often-Misunderstood Business Interruption Insurance
Jun 3 2015 // The high costs related to business interruption should provide an impetus for companies to prep for them in advance, according to industry experts. During a recent webinar hosted by global broker Marsh, insurance experts...
Crawford Names Fraser as EVP of Strategy, Performance Development to Atlanta Office
Jun 2 2015 // Crawford & Company, a global independent provider of claims management services, has named Ken Fraser, a senior claims and risk management executive, as its executive vice president of strategy and performance...
OneBeacon Adds Risk Management Services to EPLI Coverage
Jun 1 2015 // OneBeacon Management Liability, a member of OneBeacon Insurance Group, Ltd., has added a package of risk management products and services for its employment practices liability insurance (EPLI) policyholders through...
Market for Drone Insurance Expected to Take Off in Next 5 Years
Jun 1 2015 // The use of drones could become common practice for almost 40 percent of businesses in fewer than five years, according to corporate risk managers. Those same risk managers say they will buy drone insurance even if...
Beazley Launches Risk Management Website for Breach Response Policyholders
May 22 2015 // Beazley has launched of a new risk management website for Beazley Breach Response (BBR) policyholders. The site offers tools and resources to help insureds prepare for and respond to a data breach and minimize reputational...
Marsh Partners with FireEye on Cyber Risk Management Program
May 18 2015 // Marsh and cybersecurity company FireEye, Inc., have collaborated to offer clients Marsh Cyber OASIS (Objective Assessment Scorecard of Information Security). This service is designed to assists clients by providing an...
North Carolina’s Appalachian State Wins 2015 RIMS Risk Management Challenge
May 18 2015 // Appalachian State University’s risk management student team has been named the winner of the Spencer-RIMS Risk Management Challenge. The announcement was made at the RIMS 2015 Conference & Exhibition Finale, by...
What Risk Managers Expect from Their Insurance Brokers: RIMS
May 18 2015 // A broker who does not fully understand a client’s business or lacks direct links with insurers may not only fall short in advising on coverage, but can cause headaches on all sides of the insurance relationship,...
Market for Drone Insurance Expected to Take Off in Next 5 Years
May 13 2015 // The use of drones could become common practice for almost 40 percent of businesses in fewer than five years, according to corporate risk managers. Those same risk managers say they will buy drone insurance even if...
Toward Sensible Risk Management of Earthquake Risk in Energy Production
May 11 2015 // Underground disposal of waste water produced from oil and natural gas wells has been blamed for triggering thousands of small earthquakes in Oklahoma and a number of other U.S. states since 2009. Heightened seismic...
