The combination of a more intense and volatile risk environment coupled with more stringent regulatory demands, means that businesses must be able to analyse and understand their claims data, says Wayne Brand, head of corporate client practice at Crawford & Company
While it is uncommon for contractors and project owners to place property and casualty insurance and surety with one carrier, there are great benefits to going ‘all in’, say BHSI’s John Roe and Geo Delisio.
New terrorism legislation is expected to become UK law later this year, but many businesses are significantly under-prepared for the measures, finds research by insurance broker and risk management firm, Gallagher.
Rupert Bidwell, vice president for insurance solutions at ICEYE, talks to Strategic Risk and Insurance Times about the power of leveraging satellite technology
Medium-sized enterprises (MSEs) play a vital role in our economy. However, these companies face unique challenges when it comes to risk management, particularly in dealing with natural catastrophes such as storms, flooding, or earthquakes.
Too many organisations are operating in the dark, unable to clearly see the exposures they face. Adrien Norulak, head of risk analytics, at Swiss Re Corporate Solutions explores how better data collection, analysis and communication can help companies better manage their mitigation and insurance solutions.
EXPERT VIEW: In 2020, Berkshire Hathaway Specialty Insurance (BHSI) used its business blueprint to build a Manchester-based UK national team. Here its four leaders discuss the state of UK national business and how it has become both wanted and needed – by leaning in to serve customers through their most ...
EXPERT VIEW Riskonnect’s Claire Hopper has advice on how to build a culture where everyone incorporates risk considerations into everything they do – making sure they are always looking, listening and mitigating for potential problems.
EXPERT VIEW: Climate change may already be here, but we can – and must – work ahead of time to map out our exposures for the impacts still to come. International SOS’s James Wood explores how to build climate resilience, through data analysis, assigning accountability and securing investment.
When international programmes and risk engineering go hand in hand, risk and insurance managers can truly take control of their exposures, say Philip Brandl and Reto Collenberg.
Nina Arquint, CEO EMEA at Swiss Re Corporate Solutions, explores why data could be both an obstacle and a gamechanger for risk managers dealing with climate-related risk
Climate has had a dramatic impact on business and society in 2022 and it’s time to take meaningful action
As captives expand and become more complex, they are seeking tailored reinsurance solutions
Why more companies are turning to captives to reduce the cost of risk and to fill gaps in their coverage
Why Swiss Re Corporate Solutions’ International Program team is determined to grow the business carefully, despite an uptick in demand
How effective data integration makes sense of complexity and takes risk management into a new era
With use cases encompassing natural perils, BI and property damage, parametric insurance is no longer a niche play
As interest in parametric solutions continues to grow, Thomas Keist of Swiss Re Corporate Solutions considers how they can be used in the context of a captive
With the hydrogen economy poised for take-off, the insurance industry has a crucial role in supporting its end-to-end growth
Why it pays to understand which part/s of your international program will best respond to a loss
Responding to changes in the UK market through partnerships, risk transfer, engineering solutions and upskilling
Casualty markets are hotting up, thanks to two global trends. Time to adapt and enhance our offering
Flood is the most frequently-occurring natural hazard - so should it still be considered a secondary peril?
Faced with long-term challenges and emerging risks, is parametric insurance part of the future of risk transfer? asks Marco Adamo
Nat cats cannot be avoided, but risk engineering plays an important role in reducing their site-specific impact
The corporate world’s approach to cyber security is undergoing a complete rethink, explains ethical hacker Rik Ferguson
How ONE Form is delivering contract certainty upon inception, while improving consistency, claims and transparency
How the ability to unlock insights through data has changed significantly in recent years
Identifying future climate hotspots empowers risk managers to act now, explains Neil Aellen
In the more challenging market, corporate insurance buyers should look to better align captive solutions with international programmes
Whatever your strategic objectives, there is an important role for international insurance programmes
Nature-based solutions can help organisations achieve greater resilience in the face of a changing climate
The COVID-crisis has prompted a period of introspection as organisations question how to best structure their supply chains and manage their risk
The last decade has seen four major sources of disruption to supply chains in Asia Pacific: Natural catastrophes, manmade disasters, cyber attacks and pandemic.
Supply chain complexity is particularly evident in the automotive sector, where lean production has created critical hubs
It is not just international health crises where preparedness plays a significant role in the severity and impact of an event
The COVID-crisis is the latest incident to draw attention to supply chain vulnerabilities. The lessons are clear but how quickly will they be forgotten? asks Martin Schürz.
As a result of the predicted risk in weather events, not to mention the complex nature of supply chains, global organisations must take a broader look at their vulnerabilities
Pressure is mounting for organisations across all industries to better understand, report on and mitigate the impact that climate change is having on their businesses
As weather-related events continue to rise, risk managers may turn to parametric solutions to ensure that they have the right levels of risk transfer in place
The COVID-crisis has accelerated many of the trends within business and society, one of the most important being a commitment to ESG goals, explains Nina Arquint, chief risk officer, Swiss Re Corporate Solutions
There are four main factors that risk managers, insurance managers and brokers must consider carefully when it comes to the impact that the current crisis will have.
As businesses look to protect intangible assets from interruption events such as natural catastrophes, parametric insurance products are emerging as an ideal solution to fill gaps in cover.
With intangible assets making up an increasing proportion of an organisation’s value and wider and more vulnerable supply chains than ever before, businesses are open to interruptions in new and more complex ways.
Whilst there is not enough evidence to conclude that warming climates alone are responsible for the rising uninsured losses from secondary peril events, climate change is certainly a contributing factor.
Today, shifting market dynamics and the COVID-19 pandemic accelerates pressure on an already hardening market. Now might be the time to reconsider your risk financing options, explains Thomas Keist
Demand for international insurance programmes is on the rise as businesses look to expand globally, increase efficiencies and take advantage of new insurance markets maturity
Contract certainty is always important for businesses, but the coronavirus crisis has shone a light on just how risky it can be when things go wrong.