CHALLENGE After more than two decades with one vendor, Randstad found itself looking for a new RMIS solution and was astounded by the capabilities that were available with new technology. The company quickly identified [...]
By Jim Wetekamp, Chief Executive Officer, as published by GARP (Global Association of Risk Professionals) COVID-19 threw risk managers into the spotlight overnight – and they shined. Risk managers helped make business-critical decisions and [...]
Business Insurance, October 13, 2020 — The COVID-19 pandemic is causing organizations to reevaluate how they manage enterprise risks, experts say. The COVID-19 pandemic is causing organizations to reevaluate how they manage enterprise risks, [...]
Implementing an ERM program is one of the most valuable investments you can make – and technology is essential for success. Here are five reasons why: 1. Creates one central repository of data for information [...]
The complexities of today's risk landscape – new network access points, data privacy concerns, misuse of technology, and more – require risk managers to look at enterprise risk through a wider lens. Keeping pace [...]
Risk and compliance professionals instinctively know that technology can improve efficiency and provide more timely and accurate data for insightful decision-making – but hard data on the expected return on investment has historically been hard [...]
Many organizations’ ERM, enterprise risk management capabilities aren’t as integrated as they need to be, leaving them vulnerable to legal, financial, regulatory, and reputational risks, according to a new governance, risk, and compliance benchmark report, conducted [...]
According to IAG Consulting, only 32% of all IT projects are completed successfully. This means that 2/3 of all technology projects fail!! Here are a few reasons why system implementations can get derailed by unforeseen [...]
The insurance industry uses data analytics to support its critical business decisions –i.e. whether to provide an organization coverage, what types of coverage to underwrite, and what level of premiums to set. All of [...]
Is it possible to manage risks of the third decade of the twenty-first century using tools and techniques from the last millennium? Well, are your risks the same? Not so long ago, risks could be [...]
New tools and tech – artificial intelligence, automation, social platforms and more – promise to add more convenience to daily tasks, or make our businesses run faster and smarter than ever before. Yet the same [...]
According to Murphy’s Law, if something can go wrong, it will. The saying was birthed at Edwards Air Force Base in 1949 by Captain Edward Murphy, an engineer working to see how much deceleration a [...]
