Resources failing to keep pace with demands on risk managers: AIRMIC chair

Demands on risk managers are increasing but the resources to allow them to meet the demands are not, says the UK’s Association of Insurance and Risk Managers (AIRMIC) chair Nicola Harvey.
“All our businesses are going through different degrees of…difficult times,” Harvey said in the Jan. 2011 AIRMIC newsletter.
“This has placed particular stress on risk managers because our work is so all-pervasive,” she said. “It touches on pretty much everything that a company does…
“Increased risk awareness is great, but you’re being asked to do more with little or no extra staff. Everyone has so much to fit in that they’re having to walk fast just to keep up.”
Nevertheless, she remains upbeat that the global recession has increased risk management’s profile. “It is a time of great opportunity as well as pressure.”