ICICI Lombard and CNBC-TV18 have opened nominations for the 12th [1] season of the India Risk Management Awards.

The initiative highlights the intersection of corporate resilience and emerging technology. As global markets face increasing instability, the awards seek to identify how Indian organizations are navigating systemic risks through foresight and strategic planning.

This year's competition centers on the theme “AI in a Fragmented World: Strategy, Sovereignty & the New Tech Order” [1]. The program focuses on the role of artificial intelligence in managing risks within a geopolitical environment characterized by fragmentation and shifting technological hierarchies.

Nominations are open to organizations of all sizes [1]. The organizers said they aim to recognize entities that have demonstrated a capacity to redefine risk management by integrating advanced technology with operational resilience.

By focusing on sovereignty and the new tech order, the awards emphasize the need for strategic independence in the digital age [1]. This approach encourages firms to move beyond traditional risk mitigation and toward a model of proactive adaptation.

The partnership between ICICI Lombard and CNBC-TV18 continues to provide a platform for benchmarking risk maturity across various sectors in India [1]. This cycle focuses specifically on how the deployment of AI can either mitigate or introduce new vulnerabilities into corporate frameworks.

Nominations are open to organizations of all sizes.

The focus on 'sovereignty' and 'fragmentation' reflects a broader global trend where technology is no longer viewed as a neutral tool, but as a geopolitical asset. By centering the 12th season on AI, the awards signal that risk management has shifted from simple financial hedging to a complex struggle for technological autonomy and strategic resilience in a volatile global economy.