AI’s Unique Risk Profile Makes It Difficult to Manage in Insurance

Artificial intelligence (AI) poses distinct challenges for risk management in the insurance sector, according to industry experts. Unlike traditional risks, AI systems can be unpredictable, dynamic, and difficult to monitor, making governance, validation, and mitigation more complex. Insurers adopting AI Read More …

Santam Introduces Cash‑Back Rewards to Encourage Responsible Risk Management

Santam, a leading non‑life insurer in South Africa, has launched an innovative cash‑back programme designed to reward policyholders for responsible risk management practices. The initiative aims to incentivize safer behaviour by returning a portion of premiums to clients who demonstrate Read More …

HDI Global Highlights the Strategic Role of Risk Management at Board Level

Willem van Wyk, Senior Executive Officer and Director for the Middle East at HDI Global, states that risk management is evolving into a board-level strategic function rather than just a compliance requirement. Companies operating across multiple jurisdictions face complex risks Read More …

The Catholic sector explores opportunities and challenges of AI adoption, balancing innovation with ethical and social considerations.

The Catholic sector is increasingly examining the potential benefits and risks of artificial intelligence (AI) technologies. Church leaders and institutions are exploring AI applications for operational efficiency, education, pastoral care, and community engagement while remaining mindful of ethical, social, and Read More …

Why SME Risks Become More Complex as Businesses Expand

As small and medium enterprises (SMEs) grow, their risk profiles become increasingly complex, according to industry experts. Expansion introduces higher operational, financial, regulatory, and cyber risks, which can impact continuity, profitability, and compliance. Experts note that SMEs often face challenges Read More …

Safeture signs a partnership with Italian security risk management firm ARIES Risk to enhance global safety and risk management services.

Safeture, a global provider of security and risk management solutions, has entered into a strategic partnership with Italian security risk management firm ARIES Risk. Under the agreement, the companies will collaborate to expand the delivery of advanced risk intelligence, safety Read More …