Many Risk Managers regularly rely on their brokers or even their carriers to answer questions about their insurance program such as, “Do I have enough coverage for this new claim that came in?” or [...]
“We need to do an ROI analysis.” I have either heard or said that phrase thousands of times throughout my career. I have performed hundreds of them — some extremely complex, some not as detailed, [...]
A Risk Management Information System (RMIS) is a big investment of time, effort, and money. When your new system finally goes live — whether in its entirety or just a new piece of functionality [...]
A RMIS can help management make accurate, insightful decisions about risk and predict future financial obligations. But the software itself can only go so far. Having the right data, people, and processes in place [...]
If you’re like most in risk management, you probably spend hours requesting, consolidating, and analyzing data from multiple sources in hopes of spotting a variance in exposure data or an underlying trend hidden in [...]
Collecting values sounds so simple: Send spreadsheets to those in the field to complete, copy and paste the responses together in a spreadsheet, and submit the results for renewal. What could be easier? In the [...]
If the mere thought of collecting values is enough to send shivers down your spine, you aren’t alone. The values collection process is notorious for inspiring dread among risk managers everywhere. And that’s no wonder [...]
Are you still spending hours trying to consolidate your renewal data into spreadsheets and manually extract data from numerous sources to get meaningful reports – all the while hoping that the information is accurate [...]
Technology, service and features are important things to consider when purchasing a RMIS (Risk Management Information System); however, that is just the start. Understanding your needs, knowing what your stakeholders demand, and selecting the right [...]
Riskonect ClearSight Spring 2019 Release includes four new capabilities, including the ability to accurately identify potentially adverse workers’ comp claims early in the lifecycle so action can be taken to improve outcomes all the way [...]
What are your company’s most important assets? Real estate/locations, equipment, inventory, employees and intellectual property are undoubtedly at the top of your list. What often gets overlooked, however, is one of the most valuable corporate [...]
Riskonnect is one of the most comprehensive Risk Management Information System solutions, according to the independent 2019 RMIS Report. Authored by respected industry experts David Tweedy and Patrick O’Neill, the report is designed to provide [...]
