Analysis – Page 14
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Analysis
Rethink your risk models to leverage a competitive edge
Wind power projects can benefit from a new approach to risk management – a risk model which focuses on statistical risk modelling rather than traditional risk registers writes Jørgen Nellemose, director, risk management at K2 Management
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Analysis
What Marsh’s $5.6bn acquisition of JLT will mean for risk managers
Ever since Marsh announced that it had snapped up smaller rival JLT for $5.6bn, securing its position as the world’s largest insurance broker, risk managers have asked what it will mean for them. Today (2 April), the two firms sat down to explain
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Analysis
Let’s harness the future talent of risk
A new generation of risk professionals will enter the profession with diversity of new skills and thinking. We need to harness and encourage their development so that together, we are #ChangingRisk for the better, writes Patrick Aubrey, risk manager for Turner and Townsend
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Analysis
Better decision making through risk visualisation
Alexander Larsen & Ghislain Giroux Dufort of Baldwin Global talk through how risk managers can use risk management as an effective decsion making tool.
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Analysis
Protecting against the top three risks climate change, political risks and cyber threats
As risk managers gather for the AMARE Rencontres in Deauville, Julien Guénot, Country leader, France at AXA XL, considers the risks keeping risk managers awake at night.
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Analysis
A customer-friendly earthquake solution
How innovative insurance products can be used to boost customer loyalty and extend the reach of commercial insurance
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Analysis
Making markets: extended product warranties
How differentiating a service offering using innovative insurance solutions can offer companies a competitive edge
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Analysis
Why crypto is the one to watch in 2019
Alexander Larsen CFIRM, president of Baldwin Global Risk Services Ltd., and IRM trainer and chair of the IRM’s energy special interest group talks about three areas risk managers should be focussing their attention in 2019.
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Analysis
Mitigating the unintended consequences of technology
Leesa Soulodre, chief innovation officer, Inspirit IoT and adjunct faculty member at the Singapore Management University (SMU), argues more focus needs to be placed on establishing ethical principles and guidelines for the creation and deployment of new AI technologies.
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Analysis
How one worm brought the world to its knees
Control Risks director Carla Liedke details how a single worm targeting the Ukranian government managed to bring numerous multinationals to their knees.
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Traditional risk management concerns prevail in global corporations
Traditional financial and operational performance top global risk management concerns over the next 12 months, while much-publicised issues such as environment, tax and diversity lag well behind
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Analysis
Cyber-attacks ranked number one threat in Europe East Asia and the Pacific and North America
“Cyber-attacks are seen as the number one risk for doing business in markets that account for 50% of global GDP”
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Analysis
Primark and Grenfell Tower fires: are risk managers taking their eyes off the ball with fire risk?
After 10 or 15 years of declining incidence of fires, two large-scale property fires in Europe attracted widespread attention because of the enormity of the damage. This begs the question, are risk managers resting on their laurels when it comes to traditional risks, focusing too much on emerging risks?
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Analysis
Construction sites of the future are becoming more complex – so how can the risks be managed?
Construction companies face myriad challenges as infrastructure projects grow in complexity and the need to balance the dual pressures of price competition and quality standards grows
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How construction firms are using technology in the battle for the best talent
With an ageing workforce, German construction is battling for the best talent. This means embracing new technology
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Analysis
The synthetic revolution
This life-changing, and potentially life-saving, tech demands careful innovation and regulation, says Trevor Maynard, head of innovation at Lloyd’s.
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Analysis
Marsh acquires JLT in $5.6b deal
Following completion of the transaction, Dominic Burke, group chief executive of JLT, will join Marsh & McLennan Companies as vice chairman and serve as a member of MMC’s executive committee.
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Analysis
QBE’s ex-chief executive is expected to lead Lloyd’s after Beale’s departure
John Neal is reportedly taking over from Inga Beale as chief executive of Lloyd’s
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Analysis
How to overcome cognitive bias
If we accept there is a cognitive bias in decision making, how can we as risk professionals account for this and help our senior executive make better bias-free decisions? Risk Academy’s Alex Sidorenko discusses.
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Analysis
Rising global temperatures forecast to hit emerging market exports and power supplies
While Europe is gripped by a heatwave, it remains the region most insulated from the economic impacts of rising heat stress