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Insurance: Overview

Newrisk Limited is available to assist organisations and governments with advice on risk and insurance issues, including extreme and catastrophic risks. Newrisk Limited has previously presented at industry body and insurer meetings on issues related to insurance and catastrophic risk. Further information on the specific risks facing insurers and re-insurers is available under relevant expertise headings in the site menu.

Newrisk Limited's principal adviser, Dr Leivesley, commenced her career in catastrophic risk when a severe hailstorm disaster devastated part of Toowoomba, an inland city in Australia. Dr Leivesley was appointed as coordinator of this pioneering disaster recovery effort, which was established by the Queensland State Government and she reported to the Cabinet on the city's recovery over a period of five months. In this time she worked closely with the insurance industry for a speedy recovery of households in the city and recovery of special interest groups (such as farms that had lost crops as a result of the severe hail).

Dr Leivesley has also worked for the insurance sector by providing exercises on catastrophic risk to international corporations under threat of terrorism. These exercises included corporations pre-emptively preparing for recovery and the development of special skills for recovery and risk management. Operational risk assessments formed part of these major business disruption incident exercises, along with crisis response, business continuity planning, role-playing presentations to the board of directors and a debriefing session.

Newrisk Limited has previously provided lectures, conference papers, workshops and publications on insurance issues. Further information on these lectures, conference papers, workshops and publications is available by following this link.

To request assistance in respect of insurance issues facing your organisation or government or to discuss a tailored package of services, please contact Newrisk Limited directly.

 

Other Areas of Expertise

Newrisk Limited's areas of expertise cover the preparation for, and response to, catastrophic and extreme risk events as well as major incidents and business continuity.

Dr Leivesley is, on behalf of Newrisk Limited, ideally qualified to provide advisory services to organisations and governments and her practice background, publications, presentations and media are listed under the following areas of expertise:

Audit Assurance Risk Aviation Expertise Biological Expertise Catastrophic RiskCBRNE Expertise Chemical Threats Continuity Planning Expertise Criminal Justice Expertise Cyber Security Expertise Defence and Policing Disasters Expertise Education Expertise Emergency Services Expertise Explosives Incidents Financial Threats Expertise London in 2012 Nuclear Incidents Radiological Incidents Reputation Management Expertise Risk Management Expertise Terrorism & Security Expertise Transportation Security Expertise

To request Newrisk Limited's assistance in connection with any of these areas of expertise or to discuss a tailored package of services, please contact Newrisk Limited directly.

Sally Leivesley


       DR SALLY LEIVESLEY




          BREAKING NEWS

  • Cyber
  • Nuclear

Prepare for the unexpected. New forms of attack will be unexpected in time, tactics and consequences and may include kinetic attacks on undersea cables and space infrastructure. 

Questions to Consider:
Does the organisation have a capacity to fast switch to other cloud, in-house server or hot site operations to limit recovery time? Are there diagnostics for sensors and control systems and the interface with operations?  Could a global security crisis in the South and East China Seas and flash points elsewhere (including Europe) target an organisation’s upstream cyber providers?  Other resilience tasks to check are:

  • - Competent external recovery services;
  • - Internal policies for real time back- up systems unconnected to live operations;
  • - Financial resources for full re-build after ransomware;
  • - Internal policies to avert ransomware payments; 
  • - Cooperative recovery planning with industry peers;
  • - Regular modular and  whole of organisation exercises;
- Multiple scenario tests for strength of preparedness.

 Nations signalling intent of conflict.
 Energy regeneration challenges.

Nuclear conflict and radiation incidents are a high risk for some regions.  Nations are engaging in
‘signalling’ capability of weapons and intent. The most frequent signals are coming from China in
relation to Taiwan; the USA in relation to freedom of navigation in the South China Sea; Russia in
sending Zircon hypersonic missiles onto naval voyages into the Atlantic, movement of nuclear
weapons to Belarus and threats to Ukraine; North Korea in frequency of missile tests including
submarine launched missiles and drones; and Iran’s apparent nuclear enrichment found to be at
84% purity.

Planning for Energy Regeneration Post Nuclear Conflict:
1. Hardened energy infrastructure;
2. Academic and Industry collaborative Programmes;
3. Small Modular Reactors built underground;
4. Supplemental critical control system separated from IOT; and
5. Energy planning for rail transportation of populations.