Business Insurance

The survey by London-based Marsh Ltd. — conducted among risk managers at this year’s annual conference of the Association of Insurance and Risk Managers in Edinburgh, Scotland—found that only 30% of respondents felt that risk management was always or consistently taken into consideration in the strategic decision-making process. Twenty-two percent said that rarely or never happened.

“It is clear from our research that U.K. risk managers feel that risk management still has some way to go before achieving full recognition in the boardroom,” said Eddie McLaughlin, leader of Marsh’s Risk Advisory Group for Europe, the Middle East and Africa, in a statement.