Technology to automate risk management tasks with more sophisticated tools on the way, says Riskonnect
Commercial Risk, April 7, 2026
AI agents will increasingly take on and automate everyday risk management tasks, according to Jim Wetekamp, chief executive of U.S.-based risk management software firm Riskonnect.
Using agentic AI technology, AI agents are now beginning to carry out risk management tasks autonomously, explained Wetekamp. More sophisticated AI tools that can perform risk analytics, scenario modeling and continuous monitoring will become available and more robust over the next twelve months or so, he told Commercial Risk.
Risk management teams have the opportunity to use AI to become the “enterprise nervous system,” according to Wetekamp.
“AI is helping [risk managers] sense earlier, connect faster, and respond smarter. The more systems they get connected to – horizon scanning, the enterprise resource planning system, employee travel and logistics – the more data they can touch and the more models they can build. It will enable risk prediction based on the behavior of the organization and actively mitigate or stop it,” he said.
Read the full article in Commercial Risk.
