IRM vs. RMIS Insurance vs. GRC Integrated Risk Management You’re sitting in a meeting feeling confident. You’ve done your research, you have a few solid points to present to the group, and everyone seems [...]
Leverage cutting-edge technology to improve your Insurance Value Chain In the insurance sector, technological advancement has progressed at an exponential speed. While there is still a lot of opportunity for insurtech to grow, insuretch [...]
Risk and claims organizations often rely on several disparate systems to process data, manage their programs, and provide customer service. With so many different systems in place, data tends to be siloed and departmental [...]
Too often companies get stuck “making do” with spreadsheets and other outdated risk management tools because, well, that’s the way it’s always been done. Having the right tool makes any job easier -- and managing [...]
Risk management is all about protecting an organization’s best interests by planning for uncertainty, minimizing threats, and mitigating losses. But what does a risk manager do on a day-to-day basis? And why is the [...]
Risk managers are concerned with the future. Still, it can be instructive and inspiring to look back to the past sometimes. So, what's the history of risk management? One very interesting book about this [...]
Technology is evolving faster and faster, and people are eager to embrace it. In 2019, there were 5.112 billion mobile users, 4.388 billion internet users, and 3.484 bn active social media users. All of [...]
A risk management information system is technology that enables you to capture, manage and analyze all your organizations risk and insurance data in a single, secure system. Using risk management software tools, organizations like yours can [...]
Insurance organizations are faced with meeting the demands of an ever-changing world, with complex administrative processes and substantial workloads. Competition is fierce, and policyholders have high expectations for self-service and quick access to information. Manual [...]
SO DEFINES A RISK MANAGEMENT FRAMEWORK as “a set of components that provide the foundations and organizational arrangements for designing, implementing, monitoring, reviewing and continually improving risk management throughout the organization”. ISO’s 31000:2009 risk management standard [...]
As markets have changed and evolved with a global pandemic, threats of war, and political unrest, more banks are increasingly concerned with risk. Assessing risk is no longer a guessing game, but one powered [...]
As we step into 2022, we wanted to take a moment to not only reflect on the most pervading lessons learned through the COVID-19 pandemic but to also look forward, thinking strategically about how companies [...]
