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Should Risk Managers be at the forefront of creating company culture?

Corporate culture encompasses brand values, employee attitudes, policies and standards. A company’s risk appetite makes up a huge part of this and the risk management strategy has to be embedded across an organization to ensure a stable business.

Topics: risk management communicating with employees

Changing risk management software providers?

We learned last week that Crawford & Co. has reached an agreement to sell the stand-alone installations of its risk management information systems software solution, provided by Risk Sciences Group (RSG) to Origami Risk, in what is being called a “Client Refocus”. This has to be quite a blow to those long-term RSG clients, who are now faced with the prospect of their RMIS provider leaving the marketplace and having to go through a market search for a replacement solution.

Topics: Insights

New approach needed to ERM and managing risk? Thinking the Unthinkable

I Just attended the inaugural AIRMIC ERM forum and  I found the first plenary speaker, Nik Gowing, was really thought provoking.

Topics: ERM Insights

Redhand Advisors’ White Paper: “Aligning Technology with Risk Management Priorities”

In mid-2016, Redhand advisers undertook a survey of risk management professionals and, this week, published their findings in a white paper, “Aligning Technology with Risk Management Priorities”.  Find a copy of the white paper here

Topics: risk management Insights

Friday's DDoS Attack

Friday, we saw one of the most wide-ranging distributed denial of service (DDoS) attacks on the internet in recent memory. This time it wasn't a single site, but the service provided by Dynamic Network Services Corp, or Dyn, which is one of the entities that is responsible for routing internet traffic to the hosts that users are connecting to. 

Topics: Insights

Welcome Back to Business Insurance Magazine

Back in August of this year we were startled to learn that Crain Communications had stopped publication of Business Insurance magazine and its associated website. For those of us, at least those of us with a bit of gray hair, this was a huge loss. We grew up in the risk and insurance management business with Business Insurance as required weekly reading. It was the Bible of that part of our business, and losing it so suddenly in August was like losing a key staff member.

Topics: Insights

Direct Delivery Leadership Council Meeting – August 2016 Data Is a Challenge for Everybody

I had the opportunity to attend the semi-annual meeting of the Direct Delivery Leadership Council (DDLC) in Minneapolis. If you are not familiar with DDLC, check them out here. This is a cross-industry group of risk and safety management professionals who share a significant exposure to local operation of vehicles in their risk profiles. If you have local delivery operations in your risk portfolio, this is a group that you should seriously consider joining and actively supporting! There is leading-edge thinking coupled with thoughtful action at work in this group; this is not just information-sharing!

Topics: Insights

What trends will disrupt claims management in the next 5 years?

‘It’s essential to stay ahead of the pack. The industry is changing, and new technology is changing our lives every day. The company that doesn’t pay attention to that or at least stay abreast of what’s happening is going to be left behind.’

Topics: Claims Administration

US Presidential Nominees' Positions on Cybersecurity

 

I came across this Fast Company on-line article this morning and wanted to share it. While not endorsing or rejecting either candidate for the US Presidency, the article offers some views on each candidate’s positions on cybersecurity and privacy; two topics that will be very important for the incoming administration, without regard to which party wins the White House in November. The article takes about 10 minutes to read, and is well worth the investment of that much of your time.

Topics: Insights

Ventiv unlocks the value in your data with advanced analytics

Insurers & corporations are constantly looking for innovative solutions to meet their goals such as to reduce such costs, reduce exposure, maximize profits, stay competitive, make work environments safer & improve customer satisfaction amongst others.

Topics: analytics