Case Studies
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Case Studies
Case study: How Katoen Natie used its captive to manage the challenges of Covid-19
Katoen Natie survived the pandemic by securing NDBI cover through its captive – something thought to be a near-impossible task. Chief risk officer Carl Leeman explains how he did it, and why he won’t stop pushing to test his captive’s potential.
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Case Studies
Case study: How Westfield used risk co-ordinators to champion risk management globally
To manage the risks across its whole retail empire, Westfield/Scentre Group’s former CRO Eamonn Cunningham tells Trevor Treharne how he deployed a network of local risk managers. Their mission: to act as guardians of the risk-aware message in every corner of the business.
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Case Studies
Case study: How Lendlease put people front and centre during the Fukushima nuclear accident and earthquake
The 2011 Fukushima nuclear accident and preceding earthquake and tsunami devastated the region in a matter of hours. Managing Lendlease’s risk response from the region, Kevin Bates describes putting a pause on other business concerns to focus on what mattered most – people.
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Case Studies
Case study: How Inpay built a brand new risk management function from the ground up
If you were given free rein to design your own risk function from scratch, what would you build? Dr Camila Witt at Danish cross-border payments company Inpay tells Sara Benwell how she met this ‘once in a risk manager’s lifetime’ opportunity
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Case Studies
Case study: How collaboration helped two CROs manage the Lindt Café terror attack.
When a café in Sydney’s central business district was under siege by a gunman, risk managers in the city rallied to assess the nightmare scenario and safeguard their staff. Trevor Treharne spoke to two who were on the scene.
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Case Studies
Case study: How South Caernarfon Creameries is using sensors to tackle flood risk
South Caernarfon Creameries is an important employer in its region of Wales, however the business faced significant flood risk as a result of the river Afon Erch. Here’s how the sensors were used to mitigate the threats
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Case Studies
Case study: How Sandvik put its supply chain to the ultimate test
Relying on links across 150 countries to produce a very specific, high-quality product, Swedish engineering firm Sandvik’s supply chain is more high risk than most. Sara Benwell reports on how the company set out to uncover exactly how it would respond to disruption.
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Case Studies
Case study: why risk management must focus on people not plants
Adrian Clements describes his experience ensuring just-in-time manufacturing continued to meet its deadlines, despite multiple severe weather threats faced by plants within the supply chain
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Case Studies
Case study: How Fidelity Investments stripped out manual processes to build greater resilience
Nazir Vellani, Fidelity Investments VP of enterprise resiliency, speaks to StrategicRISK about how the organisation built a proactive program that seamlessly detects, addresses, and rectifies risk
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Case Studies
Case study: how Network Rail reduced safety-critical errors and near-miss incidents
Working with EY, Network Rail created an ambitious digital transformation strategy that has improved railway safety and created sustainable, long-term benefits.
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Case Studies
Case study: how one exporter used risk culture to reduce operational, branding, financial, and market-related risks
An India-based SME experienced growing pains as demand for its products swelled. IRM’s Hersh Shah talks us through the rescue plan: a formalised approach to risk and a risk culture built on accountability and communication.
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Case Studies
Case study - developing a data platform for Ukraine war risk
A Ukrainian war risk loss event database is in its testing phase, Guy Carpenter’s European CEO Julian Enoizi revealed to sister publication Global Reinsurance, while efforts to create a war risk pool are ongoing
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Case Studies
Case study: How Prysmian is integrating TCFD reporting into its ERM framework
A producer of cables for the energy and telecoms sector, Prysmian is embedded in the green transition. Internally too, climate risk is a central concern, says CRO Alessandro De Felice, as it continually develops new ways to integrate TCFD reporting into its ERM framework.
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Case Studies
Case study: how to overcome board resistance to integrate a risk management programme
The key to successful integration of your risk programme lies in the bonds you make at the executive level, says Darlene Halwas, a board member of Carbon Management Canada. Forming close ties, developing trust through transparency and being a source of help, means you have a voice on the board ...
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Case Studies
Case study: Enhancing urban resilience in Medellín through insurance protection for climate risks
Following the conclusion of the two-year Medellín Tripartite Project in Colombia, the risk industry team involved reflects on the project’s outcome, the challenges they overcame, and how the knowledge they gained on the way can help future resilience programmes
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Case Studies
Case study: How Taprobane Seafood Group are using parametrics to protect against nat cats
A new and innovative parametric structure is allowing shrimp farms in Sri Lanka to protect themselves against multiple weather risks not covered by traditional insurance
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Case Studies
Case study: How Marriott Hotels tackled workplace injury spikes in Asia
When Marriott’s Sharon Xu discovered two Asian countries had notably higher employee work injury claims than the rest of the region, she set about investigating why and what could be done to change it.
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Case Studies
How to manage reshoring risks - a US case study
Former pharma risk manager and current P.E. integrated risk leader at Sigma7, Andrew Tait, looks at how reshoring changes the exposures faced by manufacturing companies in the US, and what global lessons can be learnt
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Case Studies
Risk-!n case study: How Sunstar set up a quantitative risk management system
Maya Wellig, head of global risk management at Sunstar, shares her process for quantifying risks and how it improves c-suite engagement
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Case Studies
Case study: How parametric solutions allowed Aboitiz Power to insure the uninsurable
Simplicity, pre-defined triggers, and fast payouts are some of the key advantages of a parametric approach to extraordinary Nat Cat risks, says chief risk officer, Annacel Natividad