A strong return-to work program that gets employees back to work after an injury or illness quickly and safely aids in employee recovery, productivity, morale — and your organization’s bottom line.Paper-based forms or overly complicated [...]
In the last few decades, captive insurance companies have become more common. These captive arrangements provide many benefits to their parents that could include cost savings, tailored insurance coverage, and more control. However, in an [...]
The just-released 2023 RMIS Report, published by Redhand Advisors, reveals that integrated risk management is continuing to gain popularity, as more organizations adopt a comprehensive approach to better manage risk and decisions. Organizations are also accelerating [...]
In the digital age of marketing, data is your business's most valuable resource. The information gleaned through data collection and analysis can help you evaluate your company’s performance on all fronts. When making critical financial decisions, [...]
Customers are the bedrock of any business. Not only do they provide the income streams businesses need to live, but their WORD OF MOUTH HELPS KEEP NEW CUSTOMERS COMING IN. This is why it’s important to [...]
A risk management process is essential to modern insurance companies because it provides them with the necessary tools to identify and manage potential risks. Once a risk is identified, an effective risk management process [...]
From using Waze to help you navigate to your doctor’s appointment to depositing a check through your smartphone app, Artificial Intelligence — otherwise known as AI — is already part of our everyday lives. And [...]
Riskonnect named in the leader category for RMIS solutions by AMRAE and EY July 18, 2023 09:00 AM Eastern Standard Time ATLANTA--Riskonnect, the leading provider of risk, insurance, and underwriting solutions, announced that Riskconnect [...]
For risk managers at almost any type of company, insurance renewal dates are sometimes compared to tax dates. Both have strict deadlines, require lots of forms, and must be prepared in a timely and [...]
When undertaking a commercial insurance renewal process, collating and analyzing the large volume of detailed data required can be a daunting prospect, especially if that data is recorded in spreadsheets or on paper. Wouldn’t [...]
The acronym RMIS stands for Risk Management Information System in English and Système d’Information de Gestion du Risque (SIGR) in French. Although it has been used for over 30 years (according to Wikipedia, the [...]
Total cost of risk, or TCOR, is still not a widely used metric in the risk management field. I wonder why? Maybe because it is hard to derive and fully understand, and maybe it [...]
