Latest Risk Management Headlines
All the headlines from our Risk Management Topic Page, ordered by recency.
Diverging Cyber Cat Model Results Challenge Underwriters’ Risk Analysis: Guy Carpenter
Aug 1 2023 // Significant progress has been made in advancing vendor’s cyber catastrophe models, but a notable degree of variability exists across model outputs, which can pose a challenge to insurance and reinsurance companies as...
People Moves: Powers Hires Favazza as Commercial Lines Risk Management Advisor; Ryan Specialty Appoints D’Onofrio CEO and Alvin CUO
Jul 13 2023 // Powers Insurance & Risk Management Hires Favazza as Commercial Lines Risk Management Advisor Powers Insurance & Risk Management, headquartered in St. Louis, Mo., hired Giovanni “Johnny” Favazza as...
LAAIA and the Spencer Educational Foundation Join Forces to Empower Latino Students in Risk Management & Insurance Industry with Scholarships
Jul 6 2023 // Miami, FL, July 6, 2023 – The Latin American Association of Insurance Agencies (LAAIA) is proud to announce its continued partnership with the Spencer Educational Foundation in providing scholarships to top-ranking...
Oakbridge Insurance Acquires JHA Risk Management in North Carolina
Jul 6 2023 // Georgia-based Oakbridge Insurance Agency, one of the largest independent agencies in the country, has continued its growth with the acquisition of JHA Risk Management agency in North Carolina. JHA, based in Rocky Mount,...
EU Banks Expand Risk Models to Better Prepare for Climate-Change Fallout
Jun 23 2023 // European banks are building out their risk models to better prepare for the fallout from climate change, with some even examining the short-term liquidity implications of a hotter planet, according to a joint survey...
kWh Analytics Reveals Top Challenges in Solar Industry Risk Management
Jun 21 2023 // Demand isn’t an issue for the solar industry. The challenges lie with fulfilling demand with more skilled labor, more technology, and more sites. While the Inflation Reduction Act (IRA), a freeze of potential...
Center for Insurance and Risk Management Opening in Nevada University
Jun 15 2023 // University of Nevada, Las Vegas announced the establishment of the Kerestesi Center for Insurance and Risk Management within the Lee Business School. The center, made possible through a $5 million gift from the Nevada...
Arthur J. Gallagher Subsidiary Acquires Dublin’s Allied Risk Management
May 18 2023 // Dublin-based Allied Risk Management has been acquired by Artex Risk Solutions Inc, a captive and alternative risk transfer solutions subsidiary of Arthur J. Gallagher & Co. Terms of the transaction were not disclosed....
People Moves: Powers Insurance & Risk Management Promotes Jaboor to IT Associate
May 10 2023 // Powers Insurance & Risk Management Promotes Jaboor Powers Insurance & Risk Management has promoted Drew Jaboor to IT associate. Jaboor will assist with onboarding new employees, perform ongoing system training for...
Hub Acquires Brady Risk Management of New York
Apr 20 2023 // Global insurance broker Hub International Limited reported that it has acquired the assets of Brady Risk Management, Inc. of Huntington, New York. Brady Risk is a risk management, risk transfer and insurance firm that...
Gen Z Talks Insurance: 5 Risk Management Students Share What the Next Gen Wants & Why It Matters
Apr 17 2023 // Like so many teenagers, they didn’t know much about insurance. When Gabby Banks, Henry Cram, Taylor Trafton, Filmon Futsum and Casey Alexander set foot on their respective college campuses, underwriting and claims...
Nexus Acquires Majority Stake in Dubai-Based MGA, Spectrum Risk Management
Apr 10 2023 // Nexus Underwriting announced that it has completed the acquisition of a majority stake in Spectrum Risk Management, a specialist MGA headquartered in Dubai that focuses on marine and property insurance and...
Risk Management Considerations for Condo Association Boards
Apr 3 2023 // The condo association takes on a special level of responsibility because of the unique form of ownership that is the condominium. To make sure we are all on the same footing — a condominium is a form of ownership...
People Moves: Acrisure Re Hires Ed Broking’s D’Arcy for Fac Team; MS Amlin Names Carpenter’s Turner to Lead Risk Analytics; Tysers Taps Primassure’s Moore for Energy
Mar 27 2023 // This edition of International People Moves details appointments at Acrisure Re, MS Amlin and Tysers Broking. A summary of these new hires follows here. Acrisure Re Hires Ed Broking’s D’Arcy for Facultative...
Viewpoint: Silicon Valley Bank’s Failure in Risk Management
Mar 14 2023 // As someone who had a front row seat at the largest bank failure in U.S. history, Washington Mutual, the demise of Silicon Valley Bank (SVB) brings back memories of how seemingly well-run banks can in an instant run into...
Credit Suisse ‘Seriously Breached’ Risk Management Obligations in Greensill Case
Mar 2 2023 // Credit Suisse Group AG “seriously breached” its risk management obligations in the Greensill Capital supply-chain financing affair, Switzerland’s banking regulator has concluded as it closed its probe...
The National Alliance Launches Virtual Reality Experience in Risk Management Program
Feb 10 2023 // Austin, TX., February 10, 2023 — The National Alliance for Insurance Education & Research proudly announces the first phase of virtual reality experiences within their acclaimed insurance and risk management courses....
People Moves: Aura Risk Management Names Morrison SVP; RYZE Claim Solutions Promotes Isaacs to EVP/CPO
Feb 10 2023 // Aura Risk Management Introduces Morrison as Senior Vice President Aura Risk Management & Insurance Services, a member of The Liberty Company Network of Insurance Brokers, has brought aboard Eric Morrison as senior vice...
Risk Management in the Metaverse
Feb 6 2023 // For many, the “metaverse” sounds like some obscure sci-fi fantasyland. You may be asking, where is it? How does one get there? Well, if you’re reading this article on a screen, you are already scratching...
Gallagher Acquires Retail Broker First Ireland Risk Management in Dublin
Jan 18 2023 // Arthur J. Gallagher & Co. has acquired Dublin, Ireland-based First Ireland Risk Management Limited, a retail insurance broker offering commercial and personal insurance products as well as life and pension products...
