In a world increasingly subject to digitalisation and the use of technology, an ineffective IT strategy and failing IT are amongst the most significant risks facing the boards of most organisations. The purpose of this [...]
Angela Darlington, Group Chief Risk Officer of Aviva Plc. and Vice Chair of the CRO Forum in 2018, has been elected CRO Forum Chair for 2019. Angela is the Group Chief Risk Officer for Aviva [...]
The CRO Forum’s Emerging Risk Initiative continually scans the horizon to identify emerging risks facing the insurance industry. In this refresh not only have we updated and added to the emerging risk radar, we have [...]
Digital security awareness and resilience is one of the highest priority items on all agendas. However, the lack of data captured using a common language – understandable by different disciplines within and across organisations - [...]
Patrick Raaflaub, Chief Risk Officer of Swiss Re and vice-Chairman of the CRO Forum in 2017, has been elected CRO Forum Chairman for 2018. Patrick has been Chief Risk Officer at Swiss Re since [...]
With data available at an unprecedented scale, Big Data & Analytics allow insurers to strengthen risk prevention, develop more personalised products, and cover previously excluded risks. For instance, diabetes patients may benefit from customized health [...]
CROF ERI 2017 - Autonomous Machines Position Paper Autonomous machines increasingly feature in business’s and people’s everyday lives. With exponential advances expected in the next few years in artificial intelligence, robotics and data-supporting infrastructure, autonomous [...]
CRO Forum - A Guide to Defining Embedding and Managing Risk Culture Regulators are taking a heightened interest in organizations’ risk management and underlying cultures, with the spotlight shifting somewhat from banks to insurers. Organizations [...]
In recognition of the fact that a sound capital and supervisory framework for the insurance sector is essential for supporting financial stability and protecting policyholders, IAIS committed to develop a risk-based global Insurance Capital Standard [...]
There is model risk associated with every model. Although this is a well-known fact and extensively covered in the literature, recent developments in insurance regulation, information technology and insurance product design have raised the awareness [...]
