Risk Management

Insurers face a steep learning curve in embedding climate risk into their enterprise risk management programs, but the climb will be worth it.

"From now on, nothing in risk engineering will ever be constant BUT change. If you can’t get used to constant change, you'd better leave.”

Banks, insurance companies, asset managers and other industry players need to rethink how they approach financial risk management.

As COVID-19 has shown, society has developed in such a way that the impacts of past events are no longer a certain guide for the future.

A key question as COVID-19 leads to layoffs: What if the people being let go are the only ones at the company who can do what they do?

If you are spending a fortune on controls and the digging of trenches for your lines of defense… fear no more!

The only way forward is building an effective risk culture and teaching everyone in the company radical risk management skills.

Fines and remediation standards are on the increase, so environmental management should be a boardroom priority.