Features – Page 4
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Features
A whimper and a bang
For European risk managers, the first decade of the third millennium began with the event that didn’t happen, the year 2000 or Y2K bug. As the decade continued, it brought fresh challenges to European risk managers, writes Lee Coppack
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The inside job
Which risks will be more dangerous in the future? Internal or external risks, ask Michael Bruch and Dr Rudolf Kreutzer of Allianz
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Because it's worth it
Some organisations may be questioning the value of enterprise risk management (ERM), particularly in the light of the recent financial crisis. But Eddie McLaughlin says that ERM provides significant – and measurable – benefits
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Facing the facts
Risk management has entered the public consciousness. But there's a major problem: you can'f force people to apply it, as Peter Davy explains
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Building blocks for the future
No longer able to leave all risk managing to the risk manager, the board is being forced to take responsibility. Neil Hodge asks how corporations will structure themselves to deal with a constantly shifting risk landscape
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Seat of power
Tougher corporate governance standards have changed how risk managers work, says Neil Hodge. Why, they've even been known to change boardroom thinking...
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Seal of confidence
Dan Trueman discusses how businesses can protect their key intangible assets
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Total recall
Product defects put manufacturers, suppliers and retailers at risk of product liability claims, and factors such as globalisation and new technologies mean that these exposures are becoming increasingly complex, explains Jon Elvidge of XL Insurance
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Worth the risk
It's never too soon to put in place a robust business continuity strategy. Marsh's Rod Ratsma outlines the benefits and explains the issues involved in setting up this crucial line of defence
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So where do we go from here?
Our first decade has been, among many things, an invaluable learning process - and we intend to build on that in the decade to come, says Sue Copeman
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Protect yourself
With financial collapse usually comes a steep rise in executive liability claims, and yet the hard market expected for 2009 never materialised. But there is still scope for things to change in 2010? Thibaud Hervy at HCC takes a closer look
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Born free and equal
The multinational that abuses its power in poorer countries risks financial losses, litigation and reputational ruin. Yet shocking cases of exploitation still occur. It is time to take responsibility, says Nathan Skinner
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Dangerous results
2009 was a relatively mild year for natural catastrophes, with losses well below average. But with the tragedy in Haiti in January, and rising global temperatures continuing to put certain regions under pressure, there is no cause for complacency, argues Nathan Skinner
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Making a crisis out of a drama
As the swine flu pandemic monopolised international news headlines and governments bulk-bought vaccine, companies across the world prepared themselves for the worst. Thankfully, the worst has not materialised, but lessons can still be learned, says Tony Dowding
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Evolving threats
As political risk uncertainty rises, the threat landscape is changing. StrategicRISK has teamed up with ACE to find out what tops your list of concerns and what you’re doing to mitigate them
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Tools for change
Tony Dowding sheds light on risk engineering and explains how a process associated with property protection can help firms fine tune their liability exposure
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Under your controls
In the current climate, procurement teams must find a way to manage the uncertainty of supply price, availability and demand. Risk frameworks are vital but Andrew Leslie finds that the human touch should not be underestimated
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Making the investment fit
How can risk managers persuade their boards to invest in risk engineering when money is tight? asks Tony Dowding
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Protecting intellectual property
Companies are struggling in their fight to protect IP. Their risk managers can help, says Andrew Leslie
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The gold standard
Alex Dali and Christopher Lajtha offer some practical tips for responding to the new risk management standard ISO 31000