Insurance risk management: Adding more value

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In this deeply moving and insightful episode of the RiskACUMEN podcast, host Johnny Thomson speaks with Figen Murray, a mother who tragically lost her son Martyn in the Manchester Arena bombing, and Nick Aldworth, a former Detective Chief Superintendent and counterterrorism leader. Together, they share their emotional journeys, the challenges of enacting meaningful legislation and the collaborative effort behind "Martyn’s Law," the Terrorism (Protection of Premises) Bill. This conversation explores the human cost of terrorism, the determination to create safer public spaces and the power of resilience and advocacy in driving societal change. Balancing heartfelt personal accounts with practical insights, this episode highlights how passion, policy, and partnership can shape a better future. A must-listen for anyone committed to protecting lives and fostering a culture of safety and accountability.

Poor mental health isn't just a personal issue; it's a significant organisational risk that affects productivity, employee retention, and workplace safety. This episode of the RiskACUMEN podcast from RiskSTOP asks how connected do employees feel to their company culture? Mental health expert Peter Larkum joins RiskSTOP’s Johnny Thomson to share insights on the importance of fostering positive connections at work and managing the impacts of social media on mental health. The pair discuss how proactive engagement with employees' mental wellbeing can help create a positive working environment and improve performance. Listen to the podcast now to understand the real cost of overlooking employee wellbeing.

Extreme weather events are reported to be costing $5 trillion a year, and with food and water shortages leading to loss of life and destabilisation, there’s more than just economic consequences arising from environmental issues. So, what can we, and in particular the insurance industry, really do about it? Turns out, quite a lot, and there’s also things not to do!   For part 2 of a series of podcasts, RiskSTOP Group’s Johnny Thomson talks to Kerris Earle from Zing365 about the E in ESG… the Environment. Political, topical, and packed with information… you really won’t want to miss this one!Please note, this episode was recorded towards the end of 2023, a few weeks after the UN Climate Change Conference.

Environmental, Social and Governance (ESG) are hot risk factors for organisations of all sizes, but with these issues being so broad, where do you begin? Kerris Earle, Training and Development Manager at Zing 365 has been helping large insurers, brokers and others get to grips with ESG. Kerris joins us to deliver a fascinating series of recordings designed to cover the thing everyone is asking... what should we be doing with ESG?

Trees are incredibly important. They keep us all breathing, regulate the temperature of our planet and can even make humans feel better. But trees also have a troublesome side. For this fascinating episode, lawyer Sarah Dodd of Tree Law Ltd, explains the the risks that foliage can bring, reveals how many trees it takes to replace an ancient oak and highlights how sustainability is not as simple as you might think...

For all kinds of reasons, inflationary pressures across the globe have been mounting, which in turn has led to a significant buzz around the issue of underinsurance.For this episode of our podcast, Will Molland, MCIOB AssocRICS, a Director at innovative building insurance valuation providers RebuildCostASSESSMENT.com, explains why the topic is suddenly on everyone's agenda and discusses how long rebuild costs may continue to rise... 

Digital transformation, readily available funding and the global pandemic have led to unprecedented mergers and acquisitions (M&A) activity in recent years and in the UK, two thirds of chief executives say they will be looking to consolidate in some way. However, M&As are not  without risk. For this episode Philip Mettam, director at Meridian Corporate Finance, talks us through some of the common risks, how they can be mitigated and introduces the 3 Ds of divorce, disease and death!

Risk identification and control is only part of a much big  picture when it comes to managing risk. David Reynolds, Head of Risk Engineering & Surveys at RiskSTOP Group explains how as well as delivering independent-risk evaluation, insurance risk consultants need a range of soft skills so they can add more value for insurers, policyholders and brokers. Discover more about the fascinating, rewarding and occasionally frustrating world of a risk surveyor.