- Home
- GLOBAL THREATS
- Future of Business
How data analytics and insights can help risk managers take control of their risks and keep the lights on
How risk and insurance managers can take control through engineering and international programmes
Expert view: Why data is the lynchpin of climate resilience and reporting
Promoting risk engineering as part of a healthy risk culture
- Sections
- Topics
- Editions
Profile
How to manage people-risk and win the war for talent
The war for talent rages on as we continue to grapple with the post-COVID work landscape and fall out from the Great Resignation. At our roundtable, four risk experts shared how they attract and retain the best talent and future-proof against people-related threats.
Gaining the power to change your risk culture
Our trio of experts share the steps they’ve taken to create a positive risk culture and how you can use these to embed risk into organisation-wide decision-making.
Plugging the risk management talent gap
Baby boomers are retiring, and with them goes their vast experience. But instead of welcoming in a new wave of ambitious young recruits, we face a skills shortage. How will the industry encourage the next generation of talent to come in and make this evolving role their own?
The historian: Dirk Wegener shares the lessons he’s learnt in over 20 years of risk management
Dirk Wegener is stepping down as president of FERMA. After more than two decades in risk management, he has seen it all. Here he reflects on the world-changing events that altered the way we think about resilience forever.
Five minutes with new IRM board member David Epstein
StrategicRISK caught up with David Epstein, a new non-executive board member at the Institute of Risk Management, to get his take on the top risks facing organisations today
Why business leaders must change the way they think about risk
Chizubel Egwudo, founder and CEO of risk consultancy, The Risk of You, discusses how businesses can leverage risk to maximise their potential for growth and success.
Movers and Shakers - Sigma7, AXA XL, RELA, RSA, Chubb, BPL, Sompo International, International SOS
The latest appointments news from across the global risk, broking and insurance industries
Movers and shakers - HDI, Swiss Re Asia, Sompo International, Allianz, MSIG Asia, Zurich
The latest appointments news from across the Asia-Pacific risk, broking and insurance industries
Tackling the risks of double extortion ransomware
Double extortion ransomware is on the rise, and risk managers should be worried. Chris Harris, EMEA technical associate vice president, data security at Thales, explores how to manage and mitigate these emerging threats
Risk managers must professionalise, says Typhaine Beaupérin
Effective risk management requires strategic collaboration with the board. But this remains easier for some than others. Risk must professionalise, says Typhaine Beaupérin, to be taken seriously.
Case study: How Marriott Hotels tackled workplace injury spikes in Asia
When Marriott’s Sharon Xu discovered two Asian countries had notably higher employee work injury claims than the rest of the region, she set about investigating why and what could be done to change it.
Franck Baron: why risk management needs a single professional standard
Risk managers across Asia needed a place to bond and so chairman Franck Baron founded PARIMA. Ten years on, he is passing on the reins, but his commitment to binding the industry together remains strong
Movers and Shakers - Insurwave, Gallagher Re, Miller, Insurance Council of Australia, Axa XL
The latest appointments news from across the global risk and insurance industries
Risk managers in Asia must address employee stress and widening health protection gaps
New research finds that 44% of Asian employees are stressed in everyday life - here’s why risk managers should care
Case study: How parametric solutions allowed Aboitiz Power to insure the uninsurable
Simplicity, pre-defined triggers, and fast payouts are some of the key advantages of a parametric approach to extraordinary Nat Cat risks, says chief risk officer, Annacel Natividad
Nine tips for reducing people-related risk in a cost of living crisis
When employee well-being suffers, so does an organisation’s bottom line. Risk managers must make sure that people-related risk is top of mind as the cost-of-living crisis worsens.
Curious by nature
From financial services to public servant, Andrew Methven’s search for answers has driven his career in risk
Annacel Natividad appointed as PARIMA’s new chair
She has a keen focus on sustainability and resilience and replaces long-serving founding chair Franck Baron
Born to insure
From a family of insurance experts, Soni Srivastava was perhaps destined for a career in the industry
WTW combines Asia and Australasia operations
Former head of Australasia Simon Weaver has taken on the new role as head of Asia Pacific
Franck Baron to step down as Parima chair
He has become president of the International Federation of Risk and Insurance Management Associations
Jennifer Santiago named RIMS 2023 President
Lendlease’s Kevin Bates is named RIMS secretary and David Arick and Kristen Peed become vice president and treasurer
The torchbearer
In a country with a scarceness of risk managers, Kei Masuyama is leading the way for the profession in Japan
WTW names head of crisis management, APAC
Ensuring health and safety of staff is a “business imperative” given increasing duty of care regulations
Decline in workplace health contributes to ‘quiet quitting’
Mental health issues alone are expected to cost firms $16 trillion in output by 2030
A journey of resilience
Surviving the Boxing Day Tsunami encouraged Marie-Pier Desharnais to pursue a career in disaster response and confront her own fears
The ‘S’ in ESG: Why, what and how
ESG is increasingly important, but the neglected ‘S’ needs attention, Zurich CEO for Asia Pacific tells PARIMA conference
Why wellbeing is becoming a strategic priority
With 40% of workers facing burnout and many ‘quietly quitting’, the onus is on organisations to act
Workplace transformation: Great opportunities, but not without risk
New work models are reshaping how organisations approach risk. Done well, sustainable competitive advantage can be achieved
Revolutionising risk culture
Why businesses must embrace new technology and take a less reactive approach to risk management
The bridge builder
Our industry is still misunderstood, says Risk-!n co-founder Stéphane Martin. We need to push the ‘manage’ into risk management
Reasons to be… cheerful?
With access to some of science’s most stark observations on the climate crisis, why is Nasa’s David Green feeling optimistic?
The risk maverick
Something of a divisive figure within the risk profession, one thing no-one can accuse Alex Sidorenko of is being apathetic about risk management
Reputations under siege
It has never been more difficult to manage reputational risk - is authenticated risk management the answer? asks Peter Gerken
The next wave of climate litigation
Nigel Brook explains why climate litigation risk needs to be on every corporate risk manager’s radar
The changemaker
Cristina Martinez Garcia of Sacyr is on a mission to put a positive spin on the risk manager role
The reinvention of supply chains
Near shoring and technology will shape the post-COVID supply chain, thinks AXA XL’s Pascal Matthey
The aggregate risk potential of a SPOF
Kaseya has confirmed that supply chain attacks are now firmly in the sights of cybercriminals, says CyberCube’s Darren Thomson
ESG champion
Swiss Re Corporate Solutions’ Jonathan Rake explains why real innovation in insurance has never been more important
Time to pull together
Argo Group’s Adam Seager on the challenges of maintaining corporate cohesion in a more virtual working environment
Generation ERM
Part of the next generation of risk managers promoting the holistic approach, Sogefi Group’s Valentina Paduano believes it is time to rethink your methods
Supply chains: Building climate risk resilience
Supply chains are particularly vulnerable to climate risk, as many global production systems are focused on ensuring efficiency over resiliency
Firms must build more resilient workforces
COVID-19 has created a new urgency to protect working people, with compulsory unemployment insurance a much-needed safety net - research
Purposeful resilience
How can we ensure that a desire to ‘be resilient and purposeful’ results in practical actions that add sustainable value for people, society and the planet? asks Gareth Byatt
Kevin Bates: A lesson in Carpe Diem
Risk managers have got to be genuine, authentic and transparent in order to succeed, says Kevin Bates
Time to revisit building codes?
Amidst the increasing frequency and intensity of natural catastrophes it is time to revisit the purpose and content of building codes, argues FM Global’s Michael Stuckings
The Herculean task of rebuilding Beirut
Lessons learned in the aftermath of the Tianjin port explosion in 2015 will be particularly significant in Beirut, says Crawford’s Benedict Burke
From the skies to the city
Sara Byrne, regional head of operational risk, Property, Standard Chartered, has navigated an unusual route into the risk management profession
COVID-19: APAC firms prioritise healthcare and wellbeing
Half of organisations have taken actions such as hiring freezes, furloughs, and workforce reduction to reduce costs
Why firms must focus on staff well-being
Risk managers and HR need to collaborate to ensure employees are supported in a post-pandemic world - Mercer
RIMAS: Fighting the cyber war
Why organisations must fight a “cyber war”, according to Andeed Ma, president of the Risk and Insurance Management Association of Singapore
Tunstall turns to technology
Risk professional Steve Tunstall believes technology will be at the heart of risk management’s future
Striking the right balance
As economies restart after the COVID-crisis, there is an opportunity to embed sustainability into the recovery, argues Zurich’s John Scott
Perception is king
A ‘stuffy’, ‘data-led’, ‘paper-driven’ profession is what some believe risk management to be. But it is a perception far from the truth, and Tim Murray, the new chair of UK risk management association Airmic, is on a mission to let everyone know what risk management really is about. Sara Benwell ...
Making risk a perfect fit
Online retailer THE ICONIC prides itself on fashion-forward designs. Its head of risk & controls, Sarah McNamee, says there is no one-size-fits-all approach to risk.
‘We need to be agile in the way we look at risk’
Nor Adila Ismail, the long-serving chief risk officer at Malaysian oil and gas company PETRONAS, has taken an unconventional route to the top. She reveals what she has learned about the risk profession, and offers some advice to newcomers.
How Patrick Smith is managing Deliveroo’s intangible risks
Much more than a food delivery service, Deliveroo serves up vast amounts of big data – and fresh new risks – daily. It relies on business resilience leader Patrick Smith to stay creative.
King of the road
Transurban’s troubleshooting guru Karl Davey exudes an air of calm and flexibility that helps him navigate all of risk’s diversions. With him at the helm, we’re all a little safer.
Bright young star
Risk managers all love a nice long risk document, right? Not so StarHub’s Nigel Tay. Meet the man bringing on-the-ground collaboration, agile process and even fun to corporate risk management. Trust us, you’ll like him.
Risk management in space: Lutomski opens Risk Forum APAC
Space is the least forgiving environment for risk management mistakes, former NASA risk manager Mike Lutomski told Risk Forum APAC 2018
A whole new world of digital banking
Far from being impersonal, Australia’s first fully digital neobank, Xinja, is built for the people. StrategicRISK Asia Pacific editor, Lauren Gow, sat down with chief risk officer David Nichols to talk about a banking revolution.
Drawing on all his reserves
Takashi Kubo of Japanese oil and gas exploration and production company INPEX Corporation discusses safety, cyber and political risk, and why he’s working with PARIMA to improve the risk management conversation in Japan.
A buoyant attitude
Saurabh Verma, senior vice president, chief insurance officer at Reliance Industries, tells us about spooky hotels, working in a goldmine, a wine-stained shirt, falling out of a canoe and wishing he could swim
Gordon Song: The creative risk manager
How Gordon Song, head of group risk and internal audit of Lazada Group and PARIMA board member, found his calling at one of Asia’s most rapidly growing retailers
HDI Global SE names Singapore MD
German-based insurer replaces retiring boss with internal appointment
On the fast track to success
Having revamped Redflex’s risk culture, Catherine Garde won StrategicRISK’s New Starter of the Year award. What’s her secret?
Keeping up with Susie Jones
Reflecting her approach to work, Australia Post’s head of cyber security business won a RIMS award for challenging traditional risk assessments
Interview: Inga Beale aims to get it right first time
Lloyd’s chief executive Dame Inga Beale talks to Samera Owusu Tutu, editor of our sister publication, Global Reinsurance
Trip of a lifetime
Two years into her role as Cummins China risk and insurance manager, Maggie Sun spoke to StrategicRISK about how she made the move to an in-house role and where she believes the future of the profession lies in China.
Headspace with Roland Teo
The deputy director of a Singapore healthcare system’s risk management office, tells us about fragile relationships, Chinese proverbs, managing a pandemic, delivering hampers and drawing superheroes.
Headspace with Ferrovial corporate risk manager Daniel San Millan
Spain, the importance of family, riding a motorbike, his passion for football and feeling progressively younger are all in Daniel’s mind
The wonder – and the woes – of Woolworths
Unforeseen crises forced Grant Katz, the retailer’s risk and assurance general manager, to postpone his interview four times in a fortnight. The stress left him feeling exhausted. So why does he like his job so much?
Headspace with GPT Group’s chief risk officer Diona Rae
Rae tells us about cleaning toilets, arachnophobia, family pride, her love of chocolate, being a twin, trusting her gut and why braving a potentially devastating spinal operation was the best decision she ever made
Talking innovation and disruption with Telstra’s CRO
Kate Hughes talks to StrategicRISK about how risk management is helping Australia’s largest telecommunications provider become a global technology player
Myanmar's Guru of risk management
Jagath Guru, head of risk management, internal controls and processes at the Myanmar Brewery, reflects on what the country’s new civilian-elected government means for business – and the risk management profession
Exclusive: Lessons from Malaysia Airlines MH370 and MH17
Just days after the second anniversary of MH370’s disappearance, crisis director for MH370 and MH17 and head of the Malaysia Airlines post accident office, Fuad Sharuji, speaks to StrategicRISK about responding to two of the worst air disasters in history
'Risk managers must phase in the development and gradually increase the scope of ERM'
After developing risk management at various leading European outfits, Frédéric Desitter, the director of enterprise risk management at Sidra Medical and Research Center, is now promoting the discipline in Qatar
Asia must strive to discover the ‘real substance of risk management’
The new boss of AXA Corporate Solutions in Asia tells StrategicRISK that while the dynamism of the APAC’s economies excites him, businesses in the region still face some serious challenges