AIRMIC

After five years and the ‘graduation’ of over 100 alumni, Lloyd’s is taking its insurtech innovation unit to the next level

2022's Airmic ERM (Enterprise Risk Management) Forum held in London, provided risk professionals a networking platform to explore trends that are reshaping the enterprise risk management landscape, such as the impact of geopolitical tensions on supply chains as well as the increasing threat of cyber attacks as our world becomes more interconnected.

Airmic’s latest survey has identified that climate risk is not being prioritized among its members and that risk professionals are more concerned with managing severe short-term risks, such as flooding and tropical cyclones than the long-term impact of climate change.

As climate risks become a growing threat to global stability, the insurance industry plays a critical role in mitigating climate change and promoting resilience.

Airmic’s latest survey ‘The Harsh Market: Future of the London Market’, found the pace of the market hardening is slowing, while the London Market is still faced with challenges around regulation, talent, sustainability and evolving consumer preferences.

This year’s Airmic conference was held between 6-8 June at the Arena Convention Centre in Liverpool under the theme ‘Moving Forward Together,’ with one of the key panel sessions addressing the impact of cyber risks on organizations and how they can better protect themselves.