RMIA 2025

Bringing Insurance into the Risk Conversation Early

Having attended the RMIA Risk Conference 2025 on the Gold Coast, it was a great few days of connecting with people from across the risk profession and hearing from risk leaders on how our work continues to evolve.

One of the sessions that stood out to me was about developing risk appetite statements. It focused on how boards and executives are trying to get clearer on what level of risk they’re comfortable with, and how that should influence decisions across the business. At Risk Advisory Services (RAS), we see this challenge regularly. Often, insurance is treated as just a renewal process when it should reflect an organisation’s true appetite for risk.

There was also a strong message throughout the conference about making risk real at a board level. Speakers talked about the importance of cutting through technical jargon and presenting risk insights in a way that supports smarter decision making. This really aligns with what we do at RAS, helping clients understand what they’re covered for, where the gaps are, and how their insurance strategy fits into the bigger picture.

Another highlight for me was a session on building a stronger risk culture. It reinforced that insurance isn’t just a financial tool, it’s part of how organisations build resilience. Whether it’s supporting continuity after an incident, managing liability exposures, or giving leadership confidence to take bold steps, insurance has a key role to play when it’s set up properly.

Overall, the RMIA conference was a great reminder of how important it is to bring insurance into the risk conversation early, not as an afterthought. At RAS, we work with clients every day to align insurance programmes with their actual risk exposures, appetite, and strategy. It was encouraging to see these same themes coming through so strongly across the sessions at RMIA 2025.

Author: Aleks McGovern
August 2025