The head of an industry body has cited the VW scandal to underline the need for a ‘proper and disciplined’ approach to risk management.

Excellence in the risk management sector was recognised at the RiskNZ awards function last night while two direct insurers bask in their Best Workplace achievements.

NZ risk management practitioners asked to rank global, national, organisational and personal risks have accurately forecast several events which have since played out.

This year two emerging risks should be top of the agenda for insurance firms, say industry experts.