Commercial Risk (2/9/2021)
Commercial insurance buyers should consider whether they can recoup costs incurred from delays in paying COVID-19-related business interruption (BI) claims, in what may become the first real test of the UK’s Enterprise Act, a leading insurance lawyer has told Commercial Risk Europe.

Risk Management Monitor (2/3/2021)
As business leaders remain hyper-focused on navigating through the pandemic, few have sufficiently considered how to prepare for the next major crisis.

Canadian Underwriter (2/4/2021)
Globally, the COVID-19 pandemic may not have affected insurers' balance sheets in the same way that weather-related disasters did in 2020, but the industry is now much more aware of the impact of multiple catastrophe scenarios unfolding at once, an Aon report suggests.

Reuters (2/5/2021)
Three Democratic U.S. senators introduced a bill that would limit Section 230, a law that shields online companies from liability over content posted by users, and make the companies more accountable when posts result in harm.

Insurance Journal (2/8/2021)
Insurance Journal examined industries experiencing changes and challenges due to the COVID-19 pandemic, societal unrest and other market forces experienced in 2020. Here are 10 industry sectors that could see new and emerging risks in 2021 and beyond.

Risk Management Magazine (1/28/2021)
Many companies are increasing risk budgets in response to COVID-19's wide-scale disruptions in 2020. Unfortunately, many widely used risk management practices such as point-in-time assessments and one-time health reviews were ineffective as the situation and risks continued to change and cascade. Is doing more of the same the right answer moving forward?

Insurance Business Canada (2/5/2021)
The COVID-19 pandemic forced businesses to digitize, but that same move has exposed them to more cyber risks, a new report has found.

Insurance Journal (2/8/2021)
2020 was a year of disruption, change and challenges. Businesses were forced as never before to adapt in order to survive. With these changes, many businesses took on new exposures that potentially threaten their businesses and their livelihoods. 

Reuters (2/5/2021)
Company directors would become personally liable for the accuracy of their financial statements under landmark proposals from Britain's finance ministry next week to improve corporate behaviour, sources familiar with the plans said on Friday.

Property Casualty 360 (2/5/2021)
Instead of taking a defensive approach to consumer privacy by focusing mainly on data protection and regulatory compliance, what if insurers strove to become more transparent and proactive in communicating with policyholders about the new types of information they want, why they need it, how they intend to collect it, and what added value they could offer in return?

RIMScast
This special RIMScast episode features Tamara "Tammy" Franklin, the chief digital data and analytics officer at Marsh. Tammy is also the executive sponsor of the African Heritage Employee Resource Group at Marsh. During this interview, she discusses some of her own experiences in the risk profession and offers her ideas on how employees and companies can successfully invest in Black talent.

 

RIMS Webinar
At this webinar on February 18, risk leaders who currently hold board seats will discuss board diversity and what you can do to prepare yourself to serve on a board. Learn how recruitment practices have evolved to include individuals with more diverse backgrounds and professions.