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ERM group

The insurance risk management association Airmic is launching an ERM Special Interest Group (SIG) in the autumn. According to the association, members say that over 70 per cent of them have a responsibility for risk management in their organisations. Intangible risks like cyber do not respect the boundaries of the more traditional risks and insurance solutions also increasingly demand an enterprise-wide understanding of risk, said Julia Graham, Technical Director of Airmic.

While the SIG’s direction, approach and frequency of meetings will be determined by its members, a schedule involves four quarterly 90-minute breakfasts, starting in November:

November 2018: ERM Fact or Fiction?
February 2019: Insurance and Risk management – effective collaboration
May 2019: Positioning ERM as adding value value
September 2019: Risk registers versus scenarios

The plan is to start each meeting with a short presentation from a member or external figure to start discussion.

Research and Development Manager Georgina Wainwright said: “We know that many of our members are involved in Enterprise Risk Management within their organisations, and this SIG is intended to give them a platform for discussion and exchanging ideas. As more organisations develop a holistic approach towards risk, we believe that even members with a more technical remit will find it valuable to develop an understanding of these issues.”

Meanwhile the 2018 Airmic Conference will run at the ACC Liverpool from June 11 to 13. Topics include cyber security and terrorism (and cyber-terrorism).



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