Category Archives: Risk Culture

Unbundling insurance components under IFRS 17: when is a contract not a contract?

close up of a person signing a set of documents

With the countdown to the implementation of the new global insurance accounting standard – IFRS 17 – well and truly on, insurers are (or should be) trying to understand what changes they’ll need to make to comply. In getting into … Continue reading →

An insurer’s ‘duty to speak’

a man and a woman in suits talking at a table with papers in front of them

Does an insurer have a duty to tell you that unless you take certain steps, you will lose rights under a policy of insurance? Depending on the facts, the answer may be yes. In the first Ted Baker Plc. and … Continue reading →

The insurance industry’s InsurTech autoimmune disorder

man sitting in front of a laptop with a pensive look

The warning signs and five steps to avoid the condition In my experience, large, highly successful companies tend to do three basic things extremely well: They protect the core business, manage risk and avoid big mistakes. Over time, these capabilities … Continue reading →

Cyber risk mitigation: Best practices for Mutual Fund Directors

man with a dress shirt and tie talking on his cell phone looking at a tablet outside

Cybersecurity continues to be one of the top risk management issues facing mutual fund boards today, with continued scrutiny coming from regulators and investors alike. Potentially facing financial loss and reputational harm from growing threats, stakeholders are taking an even … Continue reading →

How to optimize your loyalty program: get personal

close up of hands holing a loyalty card in front of a laptop

Advanced modeling techniques can help loyalty program sponsors understand their members better and extract more long-term bang from investment and marketing bucks. Understanding member behaviors has always been important for loyalty program sponsors who focus on the estimation of associated … Continue reading →