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Conformity Assessment and Insurance – a natural partnership


The insurance industry works tirelessly at understanding risk; the conformity assessment industry (standards, certification and accreditation) works tirelessly at providing tools to manage risk.

This obvious marriage was explored at the ISO hosted event: Supporting the reduction of insurance losses – The role of standards in London (one of the key global insurance markets). The event brought together people from both industries to share their experiences, with the aim of drawing these two groups closer together.

Illustrations of this partnership from around the world were shared:

  • an Italian insurer who offered premium reductions for companies certified to the Health & Safety standard OHSAS 18001
  • a UK broker who has worked with the UK’s National Accreditation Body UKAS to develop a scheme using accreditation to help manage risks of those working with asbestos
  • a Japanese insurer teaming up with the Japanese Government to promote increased use of the Business Continuity Standard (ISO 22301) in earthquake-prone Japan.

The feeling at the conference is that this is a relationship in its very early stage, but one which has great potential to deliver huge benefits.

The key points from the presentations can be seen here.

Read what leading London newspaper the Evening Standard said about the event.

IIOC Chief Executive Marcus Long speaking at ISO Insurance event

IIOC Chief Executive Marcus Long speaking at ISO Insurance event

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