Tag: Allianz

Allianz Global Corporate & Specialty published a new report called "The Rise of Artificial Intelligence: Future Outlook and Emerging Risks", identifying benefits and risk concerns about AI implementation in society and industry. AI can benefit businesses, increasing their efficiencies, and reducing repetitive tasks.

In its 2018 edition, the ‘Allianz Risk Barometer’ surveyed more than 1,900 risk experts from 80 countries about the perils that worry them most, in order to identify the most important risks for companies for the next 12 months. The video provides insight about the 10 major threats for companies through 2018 and beyond.

With human error behind 75 percent of marine liability losses, there are hopes that autonomous vessels can improve shipping safety. In view of this, Allianz insurance discusses some of the potential implications of a crewless life on the open waves.

According to the report, cyber, autonomous shipping and piracy risks are the current major concerns for the industry as economic pressures challenge budgets. 85 large ships lost worldwide in 2016, down 50% over a decade. Top losses were reported in South China and Southeast Asia and now East Mediterranean region is considered as the top incident hotspot.

A new report conducted by Allianz has found that companies face rising liability losses around environmental, cyber, product defect and recall risks, although improvements in risk management and safety regulation are leading towards a gradual reduction in everyday incidents, such as slips and falls, accidents and workplace injuries in developed markets.

A new study conducted by Allianz has the cyber threat is considered as a major concern globally for businesses. Also, market developments and volatility is an important business peril in 2017 and the top concern in the aviation/defense, financial services, marine and shipping and transportation sectors, as well as across the Africa & Middle East region in general.

Allianz and MCS have taken delivery of a Damen Fast Crew Supplier 2610. The new vessel will offer safe and cost efficient crew transfer services for up to 50 passengers to and from the Abu Dhabi oil fields.

Allianz Global Corporate & Specialty has released a new report on the Panama Canal Expansion Project to commemorate the opening of the new locks on June 26th. Allianz examines how this project will impact traffic of larger vessels, value of insured goods and risk management

SAFETY4SEA Team asked Capt. Andrew Kinsey, Senior Marine Risk Consultant, Allianz Global Corporate & Specialty few questions regarding the findings of the ''Safety & Shipping Review 2016'' published by Allianz

According to Allianz Global Corporate & Specialty (AGCS) annual ”Safety and Shipping Review ” there were 71 reported shipping incidents in Arctic Circle waters during 2015, up 29% year-on-year and the highest in a decade