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Established 1996
Thursday 28 July 2016


Supreme Court ruling a ‘blow for honest customers’, says ABI

Today’s Supreme Court decision to allow “collateral lies” in the course of an insurance claim flies in the face of the work that the insurance industry and government have been doing to crack down on the cheats could be a real blow for honest customers.

Amazon rolls out drone delivery test programme

Amazon has announced a partnership with the government to explore the steps needed to roll out the delivery of parcels by small drones. A cross-government team supported by the UK Civil Aviation Authority (CAA) has provided Amazon with permissions to explore three key programmes including beyond line of sight operations in rural and suburban areas; the testing of sensor performance to ensure the drones can identify and avoid obstacles; and flights where one person operates multiple highly-automated drones.

VIEW: Difficult decisions and the bottom line for public services

This is a pivotal time for risk managers in the public service arena. Public service organisations have had to reassess their risk appetite in light of the pressures on resources that 10 years of austerity have brought about. Difficult decisions are being made about the future shape and sustainability of a whole range of public services. These decisions all bring higher levels of risk.

Other News Stories...

Airmic welcomes FRC's rep risk study

UK risk management association Airmic has welcomed a study by the Financial Reporting Council urging bosses to get out beyond the boardroom to understand their firms' corporate cultures -- a move they say could help firms avoid scandals and failures that can result in damaged reputations

VIEW: Nanotech – time to start learning

Like AI, nanotech has huge potential, with significant benefits and risks in its applications in electronics, energy and biomedicine – such that it could underpin almost all future technology. The ability of nanotech to improve healthcare and lengthen our lives is promising, but the benefits don’t come without risks, the most striking of which of course is the potential use of nanotech in war.

IT departments failing to keep up with digital demands

Complexity, lack of time, and a skills shortage mean that UK IT departments are failing to meet business expectations for digital technology. This is according to research from Sungard Availability Services that suggests IT decision makers in the UK are struggling to keep up with the increased digital demands placed upon them by employees and business leaders.

Risk Management Awards 2016: Deadline extended

The deadline for entries for the CIR Risk Management Awards has been extended to midnight on 27th July 2016. As always, the awards are free to enter and organisations, individuals and teams are encouraged to submit their nominations now.

Law firms’ cyber fraud losses jump 40pc

Losses to cyber fraud among UK law firms have jumped by 40% in the last year, according to a study by Hazlewoods. The business advisory says the value of funds lost to cyber frauds at law firms in the six months from November 2015 to April 2016 totalled £2.53m, up 40% from £1.81m in the same period a year earlier.

Business resilience
Business resilience

CIR speaks to FM Global’s Simon Baker-Chambers about business resilience in the waste-to-energy sector

Latest News Headlines
Industry News

Deborah Ritchie provides a summary of some of the latest stories in business risk, insurance and resilience

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