Airmic risk and resilience in a perfect storm report supported by QBE

Airmic risk and resilience in a perfect storm report supported by QBE

Authored by QBE

This survey provides insight into our world, the concerns and priorities of our members, and provides signposts to where Airmic resources and energy should be directed. It affirms that risk professionals are fired-up with the ambition to step up, lean in, and take the responsibility to support their organisations. This isn’t a new ambition, but it’s never been a more urgent one. The turbulence we describe is not going to ease and the perfect storm will quicken and continue to gather force. The 2022 Airmic Annual Survey took place as events in Ukraine were unfolding. As the war and its consequences continue to develop and scenarios emerge, we must add the global and long-term impact of the war to our gathering storm.

Whilst there is a clear commitment of the profession to step up, risk professionals are under pressure to do more with less. As risks increasingly fall outside the scope of traditional insurance covers or the pricing of them makes no business sense, the business models of our partners are adapting. We see the investments our partners are making in risk management services and solutions as a key Airmic member resource.

As we head for choppy seas we believe that the role of Airmic has never been more important. We will continue to take a lead in the development of risk management and insurance as integrated and dynamic professions, working with our members, partners and other stakeholders to lobby, develop and share good professional practice.

To download the Airmic Annual Survey 2022 – A Perfect Storm CLICK HERE

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About QBE

QBE European Operations is part of QBE Insurance Group, one of the world’s leading international insurers and reinsurers and Standard & Poor’s A+ rated. Listed on the Australian Securities Exchange, QBE’s gross written premium for the year ended 31 December 2018 was US$13.7 billion.

As a business insurance specialist, QBE European Operations offers a range of insurance products from the standard suite of property, casualty and motor to the specialist financial lines, marine and energy. All are tailored to the individual needs of our small, medium and large client base.

We understand the crucial role that effective risk management plays in all organisations and work hard to understand our clients’ businesses so that we offer insurance solutions that meet their needs – from complex programmes to simpler e-trading solutions – and support them in minimising their risk exposures. Our expert risk management and rehabilitation practitioners focus on helping clients improve their risk management so that they may benefit from a reduction in claims frequency and costs.

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