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Bribery Risk Guide published by the Institute of Risk Management and Transparency International UK

Enterprise Risk Management (ERM) is becoming more ingrained in business strategy and day-to-day practice, with the mitigation of risks now fundamental to the success of any organisation. Bribery is a major risk that has the capacity to ruin a company’s reputation and cost it...
Posted On 12 Sep 2016
Jose Morago (chairman of the IRM) and Dame Judith Hackitt
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Dame Judith Hackitt receives Lifetime Achievement Award from the Institute of Risk Management

Dame Judith Hackitt, chair of the Health and Safety Executive (HSE) and Honorary Fellow of the Institute of Risk Management (IRM), has received the IRM’s prestigious Lifetime Achievement Award. The IRM’s chairman Jose Morago said that Dame Judith Hackitt is a worthy...
Posted On 19 Apr 2016
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IRM outlines detailed framework on capabilities of flood risk-focused models for financial risk carriers

The Institute of Risk Management (IRM) has published a guidance document produced by its Internal Model Industry Forum (IMIF) exploring advanced uses for insurer internal models in the context of the insurance and reinsurance of flood risk. This guidance has been produced by a...
Posted On 01 Dec 2015
The European Police Chiefs Convention was held at Europol's headquarters in The Hague
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Police chiefs meet at Europol’s headquarters to discuss terrorism and illegal immigration issues

On 23 and 24 September, over 300 high-level representatives from 50 countries and a dozen international and European organisations attended the European Police Chiefs Convention (EPCC) at Europol’s headquarters in The Hague. This year, the police chiefs and senior...
Posted On 26 Sep 2015
The IRM’s Internal Model Industry Forum is launching two guidance booklets for risk professionals operating in the insurance sector
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IRM and ORIC International publish guidance notes targeting operational risk for insurance sector

The Institute of Risk Management’s (IRM) Internal Model Industry Forum (IMIF) has launched two guidance booklets: Operational Risk Modelling: Common Practices and Future Development (created by ORIC International and the IRM) and Diversification Benefit: Understanding its...
Posted On 23 Jul 2015
IRM members can now apply for certified membership
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IRM issues certification scheme designed to “raise global standards” for the risk profession

The Institute of Risk Management has introduced new certification for risk professionals, in turn bringing the sector into line with other professions such as accounting and law. Risk practitioners across the world can now become a Certified Member and use the new professional...
Posted On 30 Jun 2015
The Institute of Risk Management has published a guidance framework which outlines how to ensure that risk models, created by insurers to comply with the requirements of Solvency II, add value to businesses beyond just meeting regulatory requirements
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IRM publishes framework document designed to keep Solvency II risk models relevant

The Institute of Risk Management’s Internal Model Industry Forum has published a guidance document based on its research into the effective validation of risk models created by the insurance industry to comply with the requirements of Solvency II. Entitled ‘The Validation...
Posted On 11 May 2015
Paul Hopkin: new role at the Institute of Risk Management
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Paul Hopkin joins Institute of Risk Management in key technical director’s role

Paul Hopkin, author of the widely-used and referenced textbook entitled Fundamentals of Risk Management, has taken up the post of technical director at the Institute of Risk Management (IRM), the leading international professional body serving the discipline. As...
Posted On 27 Apr 2015
Ian Livsey: the new CEO at the Institute of Risk Management
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Ian Livsey appointed CEO at the Institute of Risk Management

The Institute of Risk Management – the leading international professional body for the vitally important discipline of risk management – has appointed Ian Livsey as its new CEO. Livsey arrives with a mandate to deliver “benchmark standards” for the risk...
Posted On 02 Feb 2015
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Institute of Risk Management experts outline key risk areas for 2015

Political instability caused by low oil prices, increased shareholder activism and the business threat posed by a potential UK exit from the EU are among the chief concerns voiced by some of the UK’s leading risk experts for 2015. As 2014 draws to a close, members of the...
Posted On 22 Dec 2014