Data analytics in risk management is changing the game in every industry. Through this integration, organizations gain a better understanding of where risks may arise and how they can be managed. In this article, we [...]
Claims managers are faced with the unique challenge of anticipating the future based on past events and experience. This requires a high level of expertise, especially when managing significant workloads and potentially high-cost claims. Predictive [...]
The SEC just unveiled stringent mandatory climate disclosures for U.S. public companies. Considered to be one of the most sweeping environmental actions to date, the 534-page proposal would require companies for the first time to provide [...]
“It is impossible to drive a car without access to metrics on factors like speed or temperature. Similarly, management requires metrics to support effective decision-making and to ensure that they steer the organization away from [...]
Risk data provides organizations with the opportunity to leverage information that will help to drive a more robust operational risk management (ORM) program, embedded within an effective enterprise risk management (ERM) framework. The imperative therefore [...]
By Jay Walkington, sr. director, data services at Riskonnect Your company has embarked on choosing a new RMIS solution. Researching vendors in the market to choose a comprehensive solution that meets your needs can [...]
The traditional way of understanding and measuring value for chief procurement officers (CPO) and their organizations has been buying “more products for less money.” However, new metrics and ways of creating and measuring the value [...]
According to Bloomberg, a study of quarterly earnings reports among companies in the S&P Energy index revealed an increase in use of Environmental, Social and Governance (ESG) related terms. Is this indicative of an increase in the [...]
By Marina Mats and Deepak Varshney With a return to “normal” still stubbornly distant, COVID-19 remains the prominent force shaping claims trends. In many places, restrictions were cautiously eased – just to be restarted when [...]
Traditional risk management reporting is a cumbersome, time-consuming process. Numbers are entered into a spreadsheet, those spreadsheets are combined with others from different sources, and – eventually – a report gets generated. Corresponding pie [...]
At the Marsh ClearSight Help Desk, we are always looking for new ways to help our clients do their job more efficiently and effectively. Here are a few quick and easy steps you can take to [...]
Driving Risk Management objectives requires a clear line of sight across your entire risk ecosystem. And the more risk you have, the more critical it is to get the information you need when you need [...]
