Airmic is a members' association supporting those responsible for risk management and insurance within their own companies. We have just over 1000 individual members who represent over 450 companies.
Airmic provides research, training, networking, lobbying and market information for the benefit of members. We hold over forty events per year for our members, including our annual conference for over six hundred delegates.
This report addresses the key reasons why purchasing BI cover can be so complex and suggests practical steps that insurance managers can take to understand their BI risk and increase their confidence in the effectiveness of the cover purchased.
The Insurance Act 2015 is the biggest change to UK commercial insurance in more than 100 years. Airmic have launched a guide to understanding the new provisions under the Act, in particular the new duty for policyholders, achieving fair presentation of the risk.
Outlining the importance of insurance to the board, this guide can support insurance buyers in raising the role of insurance, and demonstrating their value as an insurance professional.
Choosing an insurance broker is an important decision in the purchase of insurance. Designed for insurance buyers, this guide is designed to offer advice on the process of running a tender for services and negotiating a contract with a broker.
Business-critical insurance: Identifying those insurances that support the business and its strategy
The challenge for insurance buyers is raising the awareness of the value of insurance beyond that of a commodity and articulating how individual insurance covers can contribute to financial strategies and financial modelling. This paper identifies insurances that support business strategies.
This guide provides a framework for understanding and managing the reputation risk within an organisation, highlighting where reputation can be tracked financially. The objective of the guide is to enable risk managers to lead an organisation’s approach to reputational risk management.
This guide provides guidance on how to ensure risk management is evolving in your company, using Tomorrow’s Risk Leadership, the updated UK Corporate Governance Code and Roads to Resilience. Topics covered: the changing world of risk management, principles of resilience and measuring resilience.
Designed for risk managers, this discussion paper considers how the business model can be used as a tool in the assessment of risk. The approach suggests that the business model provides a clear methodology for the management of risk, ensuring Boards fulfil their risk management duties.
This Airmic technical briefing paper will help insurance buyers benefit from some of the changes in the 2015 Insurance Act before it comes into force. The new law was passed in February, however without changing current policy wordings, insurance buyers won’t see the benefits until August next year.
In line with changes in corporate governance set out by the Financial Reporting Council, this publication puts forward the case for all organisations to rethink their risk leadership and consider the value of a dedicated executive risk leadership role.