Airmic has warmly welcomed the revised and updated version of international risk management standard, ISO 31000: 2018, which was published yesterday after a long period of consultation. The new version is shorter than its predecessor and has been updated to take into account changes to the way business works.

Insurers and risk managers must work together to develop a new business model based on partnership if they are to retain value and relevance to businesses, according to a three-part analysis of the future of risk and insurance conducted by Airmic with AXA Corporate Solutions, Chubb and JLT Specialty.

Organisations are not doing enough to ensure their travel risk strategies are fit for the 21st century realities of business travel and fulfil their legal duty of care, according to Airmic which today published a guide for risk professionals on travel risk management.