Keyword
risk managers
Risk is changing. Is your approach to risk evolving, too?
February 24, 2023 by David GambrillAs the world emerges from the pandemic, and geopolitical tensions soar, risk managers need to think of risk much more holistically than they have traditionally, says Sonia Kundi, chief risk officer for Zurich Canada. “I guess the thing that really…
Do’s and don’ts for dealing with global warming claims
September 21, 2022 by Alyssa DiSabatinoInsurers predict the frequency and sustainability of climate change-related litigation could soon become a significant issue. But there are ways for risk managers to pursue coverage effectively when their businesses are faced with climate-related claims, such as quantifying risk, working…
How much you’re lying to yourself about time management
June 17, 2021 by Adam MalikWhile George Costanza may claim that his entire life is a lie, most people will tell about 200 lies a day — and many to themselves about what they’re doing and what they can actually accomplish, according to an expert…
Two things you need to explain to your clients
June 16, 2021 by David GambrillRisk and insurance professionals need to address two common client misunderstandings about how the property and casualty insurance industry works, a risk professional suggested to Canadian Underwriter Tuesday. First, clients may not fully understand the interconnectedness of the P&C industry,…
Why the pipeline of diverse talent keeps drying up
May 20, 2021 by Adam MalikMarket conditions have led to broken talent pipelines which, in turn, have had a negative effect on companies being able to have a proper diversity, equity and inclusion (DE&I) program, a financial executive told a group of risk managers recently.…
Industry exec reverse-engineers innovation to show the imperative of diversity
May 13, 2021 by Adam MalikA corporate diversity, equity and inclusion (DE&I) program is essential because it’s driving business innovation, which is a competitive advantage, risk managers heard during a recent web conference. Carla Harris, vice chairman and managing director of Morgan Stanley, spoke at…
Risk managers’ takeaway from COVID-19: Yes, it can happen to us
April 23, 2021 by Adam MalikThe global COVID-19 pandemic has taught risk managers to be prepared for any threats, no matter how unlikely or far-fetched they may seem, industry experts said at a RIMS conference webinar panel. The risk of a pandemic has been on…
Keeping Pace
July 12, 2017 Angela Stelmakowich, EditorRisk professionals are no strangers to change. But as technology continues to transform the risk landscape at top speed – sometimes in surprising ways – professionals will need to keep pace to remain current.
Half of surveyed CEOs plan to adopt cognitive computing by 2019: IBM study
July 11, 2017 by Canadian UnderwriterHalf of surveyed chief executive officers across the globe plan to adopt cognitive computing by 2019, according to a recent study conducted by the IBM Institute for Business Value (IBM IBV). The study, titled Accelerating enterprise reinvention: how to build…
Confusion, frustration common to BI claims can be lessened: RIMS survey
April 26, 2017 Angela StelmakowichPHILADELPHIA – Quantifying business interruption losses continues to be a big challenge, reported by almost six in 10 RIMS members taking part in a recent survey, but a well-conceived approach by risk managers can help to clear any hurdles. “By…
FM Global launches worldwide flood map for commercial properties
April 4, 2017 by Canadian UnderwriterCommercial property insurer FM Global announced on Tuesday that it has launched its Global Flood Map, offering a “one-stop consistent global view of flood exposure to aid businesses.” The interactive Global Flood Map “presents business executives with a powerful new…
Chubb expands global cyber facility with multi-line peril endorsements
February 14, 2017 by Canadian UnderwriterChubb has announced the availability of new property and casualty endorsements for its Global Cyber Facility aimed at helping risk managers and chief information security officers (CISOs) address exposure gaps in their organizations’ insurance portfolios and best respond to C-suite…