On June 16, in a press conference attended by Advisen, AIRMIC introduced the results of their D&O benchmarking analysis. Some of the information in the press release was:
AIRMIC and Advisen, the international supplier of benchmarking services, have produced detailed aggregate data of D&O insurance programmes purchased by risk managers. It is the first exercise of its kind ever in the UK, with 277 AIRMIC members taking part.
The survey follows an announcement by the two organisations in April 2008 that they would collaborate to enable insurance buyers to compare themselves with their peer groups. The aim now is to conduct similar exercises with other major lines of business and to repeat the D&O benchmark next year. Advisen are also responsible for the RIMS (Risk and Insurance Management Society) benchmarking survey in the United States.
6/16/2009 - Insurance Times
AIRMIC 09: New D&O data revealed
http://www.insurancetimes.co.uk/story.asp?source=itresinsure&advertcategory=REINSURANCE&storycode=378951
6/16/2009 - Strategic Risk
Airmic 09: New D&O data revealed
http://www.strategicrisk.co.uk/story.asp?storycode=378951
6/23/2009 - National Underwriter
U.K. Firms Buy Big D&O Covers As Lawsuits Increase, RMs Reveal
http://www.property-casualty.com/News/2009/6/Pages/UK-Firms-Buy-Big-DO-Covers-As-Lawsuits-Increase-RMs-Reveal.aspx
6/23/2009 - Business Insurance
Litigation fears push D&O limits higher: AIRMIC survey
http://cbweb.cr.atl.publicus.com/article/20090623/NEWS/906239993
Showing posts with label AIRMIC. Show all posts
Showing posts with label AIRMIC. Show all posts
Monday, 22 June 2009
Wednesday, 30 April 2008
Advisen & AIRMIC launch UK Benchmark Survey
2 May Insurance Day
Airmic benchmark
A NEW initiative to provide benchmarking to buyers of insurance in the UK has been launched by the Association of Insurance and Risk Managers (Airmic) and the provider of benchmarking services Advisen. Airmic commissioned the Benchmark Survey, the only survey in the UK where data was directly obtained from risk managers. Airmic hoped that this would provide more accurate tracking of buying trends for all major coverage lines across a wide range of commercial insurance buyers. It will also help the association’s members and other subscribers to obtain relevant peer group comparisons. By using the benchmarking charts they will be more informed in considering the structure and expected cost of their insurance programmes
1 May Post Magazine http://www.postmag.co.uk/public/showPage.html?validate=0&page=post_login2&url=%2Fpublic%2FshowPage.html%3Fpage%3D791976
30 Apr Strategic Risk http://www.strategicrisk.co.uk/story.asp?storycode=371275
30 Apr Global Reinsurance (via Strategic Risk) http://www.globalreinsurance.com/story.asp?storycode=371275
30 Apr Post Magazine http://www.postmag.co.uk/public/showPage.html?page=post_breakingnews_story&tempPageName=791876
30 Apr Insurance Age http://www.insuranceage.com/public/showPage.html?page=iage_breakingnews_story&tempPageName=791876
29 Apr Insurance Age http://www.insuranceage.com/public/showPage.html?page=iage_breakingnews_story&tempPageName=791552
29 Apr Business Insurance http://www.businessinsurance.com/cgi-bin/news.pl?id=12841
29 Apr Business Insurance Europe http://www.bieurope.com/cgi-bin/news.pl?id=12841
29 Apr Reinsurance http://www.re-world.com/public/showPage.html?page=reinsurance_breakingnews_story&tempPageName=791552
29 Apr NY Sun www.nysun.com/related_results.php?term=London
Airmic benchmark
A NEW initiative to provide benchmarking to buyers of insurance in the UK has been launched by the Association of Insurance and Risk Managers (Airmic) and the provider of benchmarking services Advisen. Airmic commissioned the Benchmark Survey, the only survey in the UK where data was directly obtained from risk managers. Airmic hoped that this would provide more accurate tracking of buying trends for all major coverage lines across a wide range of commercial insurance buyers. It will also help the association’s members and other subscribers to obtain relevant peer group comparisons. By using the benchmarking charts they will be more informed in considering the structure and expected cost of their insurance programmes
1 May Post Magazine http://www.postmag.co.uk/public/showPage.html?validate=0&page=post_login2&url=%2Fpublic%2FshowPage.html%3Fpage%3D791976
30 Apr Strategic Risk http://www.strategicrisk.co.uk/story.asp?storycode=371275
30 Apr Global Reinsurance (via Strategic Risk) http://www.globalreinsurance.com/story.asp?storycode=371275
30 Apr Post Magazine http://www.postmag.co.uk/public/showPage.html?page=post_breakingnews_story&tempPageName=791876
30 Apr Insurance Age http://www.insuranceage.com/public/showPage.html?page=iage_breakingnews_story&tempPageName=791876
29 Apr Insurance Age http://www.insuranceage.com/public/showPage.html?page=iage_breakingnews_story&tempPageName=791552
29 Apr Business Insurance http://www.businessinsurance.com/cgi-bin/news.pl?id=12841
29 Apr Business Insurance Europe http://www.bieurope.com/cgi-bin/news.pl?id=12841
29 Apr Reinsurance http://www.re-world.com/public/showPage.html?page=reinsurance_breakingnews_story&tempPageName=791552
29 Apr NY Sun www.nysun.com/related_results.php?term=London
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