Risk Consulting 2/2025
Enjoy reading our latest issue of Risk Consulting Magazine with articles on emerging risks and loss prevention.
Enjoy reading our latest issue of Risk Consulting Magazine with articles on emerging risks and loss prevention.
In today’s interconnected and rapidly changing world, businesses face a multitude of risks that can impact or halt operations unexpectedly. These risks are no longer confined to traditional hazards such as fire, flood, or equipment failure. Rather, they are intricately tied to the complex web of global politics, international relations, and worldwide events. As a result, business interruption (BI) insurance has become a crucial risk management tool for companies.
Artificial Intelligence is rapidly reshaping the cybersecurity threat landscape, creating both new challenges and opportunities for large enterprises. As malicious actors embrace AI tools and large language models (LLMs), cyberattacks are becoming faster, smarter, and harder to detect.
Photos: Stora Enso
Photos: Roos Aldershoof
If has partnered with Research Institutes of Sweden (RISE) on "COMBAT: Compartment Explosions Induced by Batteries", a project focusing on the risks and means to prevent explosions caused by lithium-ion batteries. The project aims to understand and reduce the dangers associated with these batteries, particularly in enclosed spaces such as ships, where flammable gases can build up.
Companies and society in general have a massive reliance on electricity and reliable, continued supply of power. This is why companies need to have a continued focus on preventing losses from potential electrical risks. A systematic and integrated approach that combines technology, compliance, training, and preparedness is always required. By prioritising electrical safety, companies can better safeguard their operations.
As solar photovoltaic (PV) systems become a key solution for global energy and climate needs, their rapid adoption introduces new safety risks. The most serious is fire from rooftop solar installations, making strong risk management essential as deployment accelerates. This article is based on Antti Hirvonen’s thesis (2025) "Improving risk management practices on rooftop-mounted solar photovoltaic projects."
Ensuring that your automatic sprinklers are correctly installed, well-maintained, and in working order is crucial for several reasons. Protect your employees and minimise property damage with well-fitted and regularly maintained sprinkler systems.