Association president advocates for LTAs to be truly long term, to enable much deeper conversations between businesses and insurers
Sharon Cilia Tortell, FERMA board member and chief risk & sustainability officer, discusses the growing interconnectedness of risks, the governance challenges posed by AI and why risk managers need a stronger voice in strategic decision-making.
The collective of 14 risk professionals aged between 25 and 35 have forged a butterfly methodology, aiming to create a practical tool for risk managers across geographies and industry sectors
Growth and profit driven organisation chief executives struggle to comprehend dense, technical risk language, so risk professionals need to pivot communication styles to land their messaging
Insurers seek to better harness unique client dataset to inform risk foresight – especially as today’s interconnected risk landscape calls for a partnership approach, rather than just a risk transfer transaction
The insurer chief executive additionally pointed to MGAs, parametric policies and distribution channels as prime areas of innovation that could impact risk professionals
Association leader encourages event attendees to “take risks” and “be open to leaving your comfort zone”
Businesses are making investment decisions over three-to-five-year horizons while insurance remains largely tied to an annual cycle. FERMA is calling for longer-term relationships with insurers and greater clarity over how insurance will respond to AI.
Richard Hoult, FERMA board member, Airmic president and VP of risk, audit and compliance at Synthomer PLC, discusses geopolitical uncertainty, the need for risk managers to respond to the business and why collaboration across associations matters.
Gabriella Fraire, FERMA board member, discusses interconnected risks, the rapid development of AI and her ambitions for the risk management profession.
FERMA’s CEO, Laurent Nihoul, started out in philosophy and continues to view the risk world through this lens: reaching new levels of understanding by asking the right questions, challenging assumptions and connecting ideas. Now he’s bringing that mindset, plus a real practical streak, to the top job in European risk ...