risk managers News

Survey Finds 78% of Risk Managers Now Buying Cyber Insurance

The tenth year of the Zurich North America and Advisen Cyber Survey reveals that 78% of risk managers now purchase some level of cyber insurance — compared to only 34% in 2011. Of this record of 78% with some cyber …

Risk Managers Expect Prolonged Recession From COVID-19: World Economic Forum

Risk managers expect a prolonged global recession as a result of the coronavirus pandemic, a report by the World Economic Forum showed on Tuesday. Two-thirds of the 347 respondents to the survey – carried out in response to the outbreak …

Willis Towers Watson Launches Risk Advisory Service for CFOs, Risk Managers

Willis Towers Watson has launched a new advisory capability designed to help chief financial officers and risk managers reduce volatility and minimize their total cost of risk. The new Connected Risk Intelligence service offers a single source for financial executives …

FERMA European Risk Management Certification Available Online

The Federation of European Risk Management Associations (FERMA) announced that its European Certification program is now available online. The first online examinations will start in September. “This is a major step forward in giving access to FERMA Certification to risk …

FM Global Includes Top 3 Business Risks in Global Resilience Index

FM Global has expanded its Global Resilience Index to include insights around three of the top risks facing businesses: cyber attack, natural hazards and supply chain failure. The interactive, online index ranks 130 countries and territories by their enterprise resilience …

FERMA Forum Focuses on ‘Great Difficulties’ in an Ever Riskier World

The FERMA Forum differs from the Reinsurance Rendezvous in Monte Carlo, as it is mainly attended by corporate risk managers, rather than reinsurers and brokers. This year, however, two overriding concerns were uppermost in the minds of those attending both …

New FERMA President to Focus on Success of Professional Certification Program

The new president of the Federation of European Risk Management Associations (FERMA), Jo Willaert, says the success of FERMA’s new professional certification program, rimap, is a principal objective of his two-year term in office. Certification, or rimap, is a major …

Cyber, Reputation Risks Top List of CEO, Risk Manager Concerns: Marsh Survey

Cyber and IT-related risks top the list of what keeps CEOs and risk managers awake at night, according to the 2015 International Business Resiliency Survey, conducted by Marsh and Disaster Recovery Institute International (DRII)*. “Cyber and other IT-related risks are …

Risk Managers Show Value with Their Understanding of Risk Tolerance: Willis

A proper understanding of risk tolerance is one of the key factors that can help the risk function demonstrate that it is much more than a cost center and truly adds value to the organization, according to John Merkovsky, head …

FERMA Launches 1st Professional Certification for European Risk Managers

The Federation of European Risk Management Associations (FERMA) has formally launched its program of European Certification for professional risk managers. It is the first such designation and is designed to reinforce the standing of the profession in Europe, FERMA said. …