Advisory

Partenariat pour la bonne gouvernance

RISKOSOFT et PRIMO ont signé un accord visant à renforcer la bonne gouvernance des organisations et des entreprises publiques, à partir du 1er Juillet 2016. Pascal Lele, Directeur Général de RISKOSOFT, John O’Dea, Secrétaire Général de PRIMO et Jack Kruf, Président de PRIMO, ont signé l’accord la semaine dernière à Bruxelles. Ces dernières années, presque tous les types d’organisations sont […]

Partnership for Good Governance

RISKOSOFT and PRIMO signed an agreement to strengthen good governance of public organisations and companies, starting the 1st of July 2016. Pascal Lele, general director of RISKOSOFT, John O’Dea, Secretary General of PRIMO and Jack Kruf, President of PRIMO, signed the agreement last week in Brussels. In recent years almost all types of organisations are confronted with the principles of good governance, […]

Water Integrity Global Outlook

The world’s water has never been under greater pressure, with unprecedented demands for use in human consumption, agriculture, industry and power generation. How can a growing global population ensure that water remains available, clean and sustainable? The Water Integrity Global Outlook 2016 (WIGO) captures a growing recognition of the need for good governance and measures to eliminate corruption to improve […]

PRIMO developed ‘Risk Review’

PRIMO developed a ‘Risk Review’ which monitors the state of the values, targets and plans of your organisation in relation to the domain where it is focused on and the main deviations (risks) to be expected. The holistic approach of PRIMO shares a ‘magic’ light (Lanterna Magica) on the whole of your set of values, perspectives and objectives. It is […]

Oscar Winner Leonardo DiCaprio on Climate Change

Source The Washington Post. On Sunday night while accepting a long-anticipated Oscar for best actor, for his role in “The Revenant,” Leonardo DiCaprio seized the moment to highlight the plight of the planet. (video outside US residents) “Making “The Revenant” was about man’s relationship to the natural world,” DiCaprio said. “A world that we collectively felt in 2015 as the hottest year in recorded history. Our […]

Compliance Horizon Survey 2015

The Risk Advisory Group surveyed over 200 compliance professionals in their Compliance Horizon Survey 2015 from across the UK, Europe and beyond to pinpoint the key issues for the industry going in to 2016.  The respondents said they exposed to risk and lack confidence in their team’s resources to protect the business. The headlines: Quote The majority (83 per cent) of compliance […]

Lloyd’s City Risk Index 2015-2025

Lloyd’s City Risk Index 2015-2025 analyses, for the first time, the potential impact on the economic output (GDP@Risk) of 301 of the world’s major cities from 18 manmade and natural threats: 301 cities, 18 threat, US$4.56trn at risk. Based on original research by the Cambridge Centre for Risk Studies at the University of Cambridge Judge Business School, the Index shows how governments, businesses and […]

Claims management

In the daily practice of risk management the profession of claims management within the local governmental sector in our view is strongly undervalued. It seems that that claims handling is strongly correlated to the culture of a country. While in England and Wales claims management has developed towards a true profession, in the rest of Europe this focus on organisational and public values […]

The Guardian: Keep it in the ground

18 April 2105, The Guardian This newspaper launched a campaign focused on moving away from a global economy run on fossil fuels. Alan Rusbridger: “The argument for a campaign to divest from the world’s most polluting companies is becoming an overwhelming one, on both moral and financial grounds.” As Archbishop Desmond Tutu puts it: “People of conscience need to break their […]

What’s Wrong with Risk Models?

April 27, 2010, The New Yorker First up, sincere apologies to the organizers and attendees of the Milken Global Forum, in Los Angeles, where I was due to appear this afternoon at a session about economic models of risk. I was looking forward to engaging the other panelists, who included Nobel laureate Myron Scholes, of “Black Scholes” fame; Colin Camerer, […]

Guidelines for Emerging Risk Governance

Project by Ortwin Renn “IRGC’s current work aims to produce overarching Guidance on Emerging Risk Governance, as a set of flexible guidelines that support public and private organisations in their work to design internal processes to proactively deal with emerging risks: Anticipate emerging risks and opportunities: identify, evaluate and prioritise potential threats and opportunities Respond to emerging risk: assess and respond to those […]

Does scale matter/Le niveau d’administration importe-t-il?

By Professor Filip De Rynck, Professor public administration at the University of Gent. It is obvious that the debate on scale troubles a lot of administrators and scientists. Numerous strategies and considerations are employed to finally come to the “deired” scale. Panel Mr Geert Hillaert, City Secretary of the city of Kortrijk, Belgium Mr Eddie Sheehy, Chief Executive of Wiclow […]

Insurance Act 2015

The legislation will introduce fundamental reforms, including key changes to the duty to make a fair presentation When the Insurance Act 2015 comes into force in August 2016, it will introduce fundamental changes to UK insurance contract law. Risk managers will welcome the reforms and are being encouraged to prepare for the changes well in advance of next year. Airmic has urged […]

Insurance

Public Insurance is about risk transfer and risk control. It is in fact about how local, regional and central government functions in its delivery of products and services into the public domain. This is exceptionally diverse, because the public domain, i.e. the society and its citizens and enterprises, is a complex organism. The organisations serving society do have a rich variety of […]

Value & Risk Review

Strategic focus: ‘Be prepared, cherish your values.’ Introduction PRIMO developed the Value & Risk Review. It is a strategic and dialogue oriented diagnosis of the state of your values, resilience, targets and plans in connection with the state of your (public) governance. It gives you insight where performance, result and success cross the path of resilience  and risks.  Where are […]

UK cyber security: the role of insurance in managing and mitigating the risk

From the formal press release: “A new report has been published on the joint initiatives between government and the insurance sector to tackle cyber risk. Last year 81% of large UK businesses and 60% of small companies suffered a cyber security breach. A report published on 23 March by HM Government and Marsh, one of the UK’s leading insurance brokers […]

Innovation on PPP

Risk Area One of the focus points of PRIMO in the last several years, because of its increasing relevance in strategy and policy development in the public domain. Here you find the advises of experts, given during a round table in Brussels on the 23rd of April in 2013. Special thanks to Mr. Tristan Dhondt and Mr. Rob Ellermeijer of Ernst […]

ISO 31000

The International Organization for Standardization (ISO) in Genève started in 2005 the development of a guidance standard on risk management. An ISO working group was established to develop a Committee Draft called ISO CD31000. The standard “gives generic guidelines for the principles and the adequate implementation of risk management. It is not intended to be used for the purposes of […]