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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
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
FERMA and WBCSD are developing a common framework to help companies demonstrate the value of prevention, secure capital and protect insurance capacity
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.
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.
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.
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
’A competitive captive insurance option in the UK could benefit UK companies and support wider economic growth,’ says deputy chief executive
Renewed disruption in the Strait of Hormuz is showing how quickly a shipping crisis can spread through global energy, trade and food systems
After 18 years at one of Europe’s oldest industrial groups, John Cockerill’s Gaëtan Lefèvre knows managing risk only matters if the business truly believes in it. He discusses that battle for relevance and the importance of understanding the inner workings of your company.
Polly Sayers, legal advisor and insurance market analyst at HCR Law, says companies need to preserve historic policies, training records and exposure data as PFAS, environmental and product liability claims become harder to contain.
As regulation, climate risk and captive demand reshape multinational insurance, HDI Global’s Phil McDowell explains why businesses need more than a patchwork of local policies – they need the consistency, control and reach that a truly global programme delivers.
Organisations are investing in new tools and exploring AI, but Airmic has warned that poor data, fragmented systems and weak business cases are still stopping technology from delivering value.
A social engineering attack through a third-party helpdesk forced retailer Marks & Spencer into an online order shutdown that decimated profits. The incident provoked serious questions about vulnerabilities in detection, response planning, and outsourced risk.
Trade associations publish joint report with short, medium and long-term action points on how to mitigate protection gaps, including a product design pivot to focus on outcomes rather than strict lines of business
A conditional agreement to reopen the Strait of Hormuz may ease pressure on energy markets, but companies with Gulf exposure should not assume regional stability has returned.
As artificial intelligence accelerates, organisations need to identify the human judgement, choices and trade-offs that machines cannot replace, Dr Keith Dear told Airmic delegates.
The healthcare sector – incorporating both public and private healthcare – is increasingly tapping into data to improve patient-centric risk management approaches, adds managing director
Risk managers must look past heatmaps and risk registers to understand where interconnected threats could expose the business, Airmic delegates warned.
The UK’s proposed captive regime is moving from concept towards consultation, with the PRA signalling a focus on simplicity, proportionality and commercial viability.