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Insights
Understanding recourse in insurance claims
When an insurance claim is filed, the financial outcome often remains uncertain until the possibility of recovering compensation from a responsible third party has been fully evaluated. This action, known as the recourse process, is essential for both insurer and customer, as it can significantly influence the total cost of the claim. An insurer plays a crucial role here, ensuring that the customer receives not only compensation but also strategic support in maximising recovery.
Kristian Orispää, If 30/07/2026 -
Editorial
Powering through uncertainty
In this issue 1/2026 of Risk Consulting, we explore these questions from multiple perspectives. We examine the shifting dynamics of work practices, the importance of business continuity in an unpredictable global landscape, and the evolving risk landscape for natural catastrophes. We also look at the engineering challenges behind slowing onshore wind development, as well as resilience strategies for data centres.
03/06/2026 -
Video
Insights from If's experts: Preventing hot work incidents
During heating, welding, cutting, soldering, maintenance, repair, or installation tasks, substantial heat is generated, increasing the likelihood of fire hazards. These risks require thorough assessment and mitigation prior to commencing work.
22/05/2026 -
Insights
Oil-filled transformers at risk
Oil-filled transformers are critical assets, but corrosive sulphur compounds in insulating oil can turn them into a costly source of operational and business interruption risk. The issue is not only technical failure but also the wider impact on production continuity, replacement lead times and total loss exposure. This article explains how copper corrosion develops, why early detection matters and which preventive actions can help reduce the risk of severe transformer damage.
Kristian Orispää, If 20/05/2026 -
Insights
Rising natural catastrophes
The 2025 loss year confirmed what the insurance industry has already been experiencing for several years. Natural catastrophes are no longer rare and exceptional, but they have become persistent, high-severity events that shape the operating environment for societies, businesses, and insurers.
Vilma Torkko, If 20/05/2026