Latest Risk Management Headlines
All the headlines from our Risk Management Topic Page, ordered by recency.
Oasis Consortium of 21 Insurers, Brokers Launches Independent Cat Model
Jan 28 2014 // The Oasis Loss Modelling Framework has unveiled what it describes as “the most significant development in the modelling of natural catastrophe losses for 20 years”— the launch of an independent, global, open...
Berkshire Hathaway Specialty Insurance Emerges From 2013 As a Serious Player
Jan 27 2014 // Last year was quite a year for Berkshire Hathaway Specialty Insurance (BHSI) – or half of a year, anyway. Since opening its doors for business in June 2013 with much fanfare, the new venture has gone from four to nearly...
Threats from Cyber Crime, Terrorism Under-Rated by Captives: Aon Report
Jan 17 2014 // Aon Global Risk Consulting, the risk management consulting arm of Aon plc has conducted further research to understand more about organizations’ attitudes to the top threats they face in today’s hyper connected...
Risk Strategies Acquires DataRisk in New Hampshire
Jan 15 2014 // Risk Strategies Co., a national insurance brokerage and risk management firm based in Boston, announced it has acquired DataRisk LLC, a Portsmouth, N.H.-based risk management consulting firm offering risk management and...
University of Arizona Grant To Study Mine Risk Management
Jan 8 2014 // The University of Arizona will conduct two research studies on ways to improve mine safety using $1.3 million in grants from a mine safety foundation. The two grants announced Monday will pay for a risk management study by...
Humana’s Shaw Chosen 2014 President of RIMS
Jan 3 2014 // RIMS, the risk management society, reports that Carolyn M. Snow will be president for the 2014 term. Snow is the director of Risk Management for Humana Inc. She has been a member of RIMS for 14 years and has been on its...
Arthur J. Gallagher Acquires McIntyre Risk Management in New Jersey
Dec 23 2013 // Arthur J. Gallagher & Co. announced its acquisition of McIntyre Risk Management LLC in Cherry Hill, New Jersey. Terms of the transaction were not disclosed. Established in 2002, McIntyre Risk Management is a retail...
Verisk Climate, WDT to Develop Weather-Related Analytics Products for Businesses
Dec 18 2013 // Verisk Climate, a provider of enterprise climate risk management products, and Weather Decision Technologies (WDT), a weather industry technology provider, have formed a long-term alliance to develop new, more advanced...
Protx Risk Management Launches Bancshield+ Portfolio for Community Banks
Dec 12 2013 // Protx Risk Management LLC, a managing general agency that focuses on professional liability insurance, has introduced a suite of professional liability products for U.S. community banks, including directors and officers...
First Niagara Risk Management in New York Announces 2 Promotions
Dec 10 2013 // First Niagara Risk Management Inc., a Buffalo, N.Y.-based insurance brokerage, promoted Kim McGillicuddy to senior vice president. McGillicuddy has been serving as enterprise sales leader and is responsible for developing,...
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...
PLUS in Orlando
Nov 18 2013 // P/C Industry Urged to Get ‘Sexy’ and ‘Bold’ on Extreme Risk Products It’s time for the insurance industry to be “bold” and “sexy” in creating new insurance products and...
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...
