Airmic is a members’ association for everyone who has a responsibility for risk management and insurance for their organisation. Members include company secretaries, finance directors, internal audit as well as risk and insurance managers. We have nearly 1200 individual members who represent over 500 companies.
The Ministry of Justice has launched a short consultation aimed at extending fixed recoverable costs (FRC) in civil claims...
Weather-related damage to businesses caused £188 million of insurance claims in the first quarter of 2018. FM Global's Owen Lewis gives practical advice on how to prepare for bad weather...
The success of the #MeToo movement in exposing abuse of power and the increased focus on discrepancies in gender pay have both shone a spotlight on the Employment Practices Liability (EPL) risks...
Now that a hacker working in his bedroom can cause as much economic damage as a tropical storm, is the insurance industry keeping up with the changing needs of its corporate customers?...
Construction PI cover may be increasingly expensive and more difficult to obtain as a result of the Grenfell disaster and historic losses in the construction PI market, with insurers...
Businesses would benefit enormously from implementing risk management and business continuity strategies for hurricanes and other natural hazards. Owen Lewis of FM Global discusses what they can do...
Airmic has strongly welcomed the Treasury decision to allow Pool Re to extend its cover to include non-damage business interruption losses resulting from acts of terrorism...
Cyber-risk and cyber-security have taken centre stage in both the media and company boardrooms around the world. We have seen the continued rise of computer...
One of the basic premises of conventional insurance is indemnity settlement. Dr Alan Punter argues that far from permitting insurance, the indemnity principle is in fact a constraint...
Fraudulent insurance claims are a constant source of frustration for the insurance community. One recent Supreme Court decision, Hayward, highlights the circumstances in which a compromise can be set aside on the basis of fraudulent misrepresentation in cases...
