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warehouse delivery drone

Drones set to deliver net risk benefits – but sky-high human error claims costs must be mitigated

Although research demonstrates that drone usage can reduce a business’ net risk profile overall, risk professionals must think strategically about combating pilot errors as ‘the human in that chain is the weak link’ contributing to claims costs

drone near train tracks

Case study: British Transport Police expands risk management strategy by adopting drone in a box technology

The policing service is working hard to balance the aviation risk of using drones with operational risks, especially as is it able to take advantage of legal exemptions to operate outside of current regulation, says BTP’s head of drones programme

climate change

Can Open Sesame close the climate resilience financing gap?

FERMA and WBCSD are developing a common framework to help companies demonstrate the value of prevention, secure capital and protect insurance capacity

catastrophe

Lower catastrophe losses give risk managers a window to strengthen protection

First-half catastrophe losses remained manageable for insurers, but regional extremes, earthquakes, heat and shifting weather patterns show why organisations should use improving market conditions to address gaps in their resilience.

wildfire (2)

From property to people: preparing businesses for wildfire disruption

Active fires in Wales and mass evacuations in France and Spain are forcing organisations to reassess wildfire exposure across property, people, operations and supply chains.

agriculture, farming

Sector spotlight: Food firms strengthen continuity as confidence falls

Food, beverage and agriculture businesses are formalising continuity plans, but confidence has fallen as risks spread across operations and gaps in resources and insurance protection persist.

trade credit 2

UK businesses confident about trade credit resilience – but research results show different conclusion

A new report from broker Marsh confirms that although UK companies are optimistic about their ability to weather trade credit risks, the majority have experienced late payments, or had to write off bad debt

Bank of England

UK regulators propose formal framework for country’s captive regime via consultation

’A competitive captive insurance option in the UK could benefit UK companies and support wider economic growth,’ says deputy chief executive