Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
Cyber risk analytics firm CyberCube has introduced a new framework to evaluate potential losses arising from the increasing use of artificial intelligence (AI) systems. The framework aims to help insurers, businesses and risk professionals better understand emerging AI-related exposures and Read More …
Risk management advisors are playing an increasingly important role in helping organisations establish and manage captive insurance structures that provide greater control over risk financing, improve resilience and support strategic risk management objectives. The evolving role of captive advisors goes Read More …
The rapid adoption of artificial intelligence (AI) technologies is creating new cyber liability challenges for organisations, with emerging risks developing faster than many existing insurance policies and risk management frameworks can address. As businesses increasingly integrate AI into operations, concerns Read More …
In normal circumstances, underwriting risk in insurance is transferred to a primary insurer, who, beyond a certain limit, transfers it to a reinsurer. But there is another option that facilitates entering the capital market. The term used is known as Read More …
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 …
The insurance industry is undergoing one of the most significant transformations in its history. Driven by digital platforms, embedded insurance, artificial intelligence, automation, APIs, data analytics, and ecosystem partnerships, InsurTech is fundamentally changing how insurance products are designed, distributed, underwritten, Read More …
Legal leaders are being encouraged to consider artificial intelligence (AI)-driven insurance solutions as part of their risk management strategies, reflecting the growing intersection of technology, legal risk, and insurance innovation. According to the report, AI-related risks—such as algorithmic errors, data Read More …
Willis Towers Watson (WTW) has launched ‘Captive Fit,’ a new digital tool designed to help businesses evaluate the viability of establishing a captive insurance company as part of their risk management strategy. The solution aims to streamline the decision-making process Read More …
The global risk landscape has undergone a radical transformation. Climate-induced disasters are increasing in frequency and intensity. Economic uncertainty, supply chain fragility, and rapid technological change have made traditional risk assessment and insurance models less effective in many contexts. In Read More …
India’s insurance GCCs are growing fast and using smart technology to improve risk management and follow global rules more effectively. Summary:Insurance Global Capability Centres (GCCs) in India are transforming risk management and compliance across the sector. With a 15% growth Read More …