Latest Risk Management Headlines
All the headlines from our Risk Management Topic Page, ordered by recency.
Aon, Zurich Launch Innovative $100 Million Reputational Risk Coverage
Oct 11 2011 // A company’s reputation often constitutes one of its most valuable assets; however, as the damage to value, as well, as the nature of the risks that may cause it, are hard to calculate, obtaining coverage has been a...
SLICE-ing Out a Piece of the Market – Insurance for Pizza Parlors
Oct 6 2011 // Any way you slice it, an insurance program called “safety, loss control, insurance, coverage, expertise” is likely to get the attention of pizza parlors. Managing underwriter and program administrator EPIC...
FERMA’s President on the Risk Managers’ Role, Transparency, Innovation
Oct 6 2011 // Peter den Dekker has been a busy man. However, the President of the Federation of European Risk Management Associations* (FERMA) took time out to talk to the IJ on the expanding role risk managers are playing in these...
Deutsch Bank Head Sees ‘Fundamental Reassessment’ of Financial Industry
Oct 5 2011 // Dr. Josef Ackermann’s keynote speech to delegates at the Risk Management Forum of the Federation of European Risk Management Associations (FERMA) basically described the global financial system as broken and in need...
Record Numbers Attend FERMA Conference in Stockholm
Oct 3 2011 // the bi-annual conference of the Federation of European Risk Management Associations (FERMA) got under way at 9:00 sharp in Stockholm’s striking new conference center. President Peter den Dekker, who will step down at...
Insurance Journal’s Newest Book
Oct 3 2011 // “Insurance is Not Risk Management! The Insurance Professional’s Guide to Risk Management and Insurance.” Is “risk” the enemy or is it necessary? What is risk management? How does insurance fit...
Reflections on Recent Events and Implications for Catastrophe Risk Modeling
Oct 3 2011 // At the recent Rendez Vous de Monte Carlo there was a lot of discussion about catastrophe risk models. How will the recent events in Japan and New Zealand impact risk models in the future? How will these events impact the...
People
Oct 3 2011 // Insurance broker Lockton has added longtime Memphis risk management executive Ben Seward to its expanding Memphis office. Seward has been named senior vice president and account executive at Lockton. He will be responsible...
BB&T Expands in Baltimore Area, Acquires Atlantic Risk Management
Sep 28 2011 // Insurance broker BB&T Insurance Services is acquiring Atlantic Risk Management Corp. of Columbia, Maryland. The move allows BB&T Insurance Services to expand to the metro Baltimore area. The transaction is expected...
Marsh Advises Risk Managers As C-Suite Expectations Rise
Sep 22 2011 // Global insurance broker Marsh held a webcast on Sept. 21, where the firm’s analysts shared their views on the current business environment including the effects of Hurricane Irene and other catastrophes. The broker...
FERMA Elects Luzzi as Next President, Dennery as VP
Sep 21 2011 // Jorge Luzzi, Group Risk Management Director for Italian tire maker Pirelli worldwide, has been elected as the next President of the Federation of European Risk Management Associations (FERMA). His mandate as President will...
Malta, Slovenia Risk Management Associations Join FERMA
Sep 21 2011 // The risk management associations of Malta (MARM) and Slovenia (SI.RISK) have been accepted as the latest members of the Federation of European Risk Management Associations (FERMA). Their adhesion brings to a total of 19...
Lloyd’s Bolt: Offshore Energy Underwriters Aren’t ‘Robustly Managing Risks’
Sep 21 2011 // In a keynote speech at the annual Houston Marine Insurance Seminar Tom Bolt, Lloyd’s Director of Performance Management, told an audience of energy insurers that he is not convinced offshore energy underwriters are...
Reinsurance Underwriting also Means Risk Management at Endurance
Sep 19 2011 // “We need information that can only be gained directly from our clients,” said Hans-Joachim Guenther, Chief Underwriting officer of Endurance Specialty Holdings for Europe and the Asia-Pacific region. In an...
Good News – Bad News from the Reinsurance Rendezvous
Sep 19 2011 // Generally speaking the reinsurance industry is in good shape, certainly better than it was in 2008 and 2009, when even mighty Swiss Re needed a bailout from Berkshire Hathaway. A combination of improved models and a...
People
Sep 19 2011 // Brady R. Kelley has been named the executive director of the National Association of Professional Surplus Lines Offices (NAPSLO). Kelley replaces Richard M. Bouhan who will be retiring from the organization after 30 years...
Cyber Security Risks a Matter of When, Not If
Sep 19 2011 // Targeted Risk Management Can Help Stem Losses; Municipalities Facing Budget Constraints The potential exposure of both governmental or commercial entities to network and enterprise security breaches comes down to this:...
ISO, Willis RE to Offer ISO Risk Analyzer Predictive Models in the U.S.
Sep 14 2011 // Property/casualty insurance analytics provider ISO and Willis Re, the reinsurance broking arm of Willis Group Holdings, the global insurance broker, have formed a joint marketing relationship for ISO Risk Analyzer products...
People
Sep 5 2011 // Michael Crafts has joined The Woodlands Financial Group as vice president of Sales and Marketing. Crafts has more than 15 years of all lines insurance experience. He started his career with Farmers Insurance Group. Most...
Lockton Dunning Benefits Expands Leadership, Risk Management Teams in Dallas
Aug 23 2011 // Dallas-based Lockton Dunning Benefits has expanded its senior leadership and health risk management teams with the addition of Jeff Miller, Christian Moreno, Rich Allen and John Goodner. Lockton also announce it has...