Three Tips for Presenting Risk to the Board
Reporting risk to the board is essential to help directors understand risks, the impact, and what is being done about them. But it is not a clear-cut activity. What to report and when to [...]
Navigating Troubled Waters: Red Sea Chokepoints and Effective Risk Management
By Andrea Brody, Chief Marketing Officer, Riskonnect Chokepoints in industry parlance are critical points or bottlenecks that constrain the flow of goods, services, or information. These bottlenecks pose significant risks – and costs – to [...]
A Game-Changing Union: Market Leaders Combine to Bring More Value to the RMIS Market
Riskonnect recently announced the acquisition of Ventiv Technology to form the largest RMIS provider in the market, serving over 2,500 customers globally. The combination of both companies, both recognized as industry leaders in the [...]
5 Work-From-Home Risks That Are Here to Stay
Businesses were exposed to new and expanded risks when employees abruptly began working from home during the pandemic. The most pressing risks – like IT security and remote accessibility – were quickly addressed. However, many [...]
AI Risk Management: How to Use Generative AI Responsibly
Generative AI — like ChatGPT and Bard — is used by millions to create sales decks, draft emails, and even write jokes. While the possibilities for businesses to apply artificial intelligence to boost productivity – [...]
4 Reasons Why Insurable Risk Should Be Part of Your Integrated Risk Management Program
by Andrea Brody, Chief Marketing Officer, Riskonnect Integrated risk management – IRM – is a comprehensive approach to managing risks across an organization. It involves identifying, assessing, prioritizing, and treating risks in a way [...]
Navigating Digital Transformation Risks: How to Keep Your Business on Track
Digital transformation has become a necessity for organizations seeking to stay competitive and relevant. Leaders are investing in systems to boost efficiency, lower costs, and improve results. Machine learning and artificial intelligence are redefining [...]
The Value of Loss Triangle in Riskonnect IRM | Riskonnect Tech
Risk and insurance managers need to assess a diverse range of risk. Fortunately, there are plenty of tools available to analyze and predict the risk, one of which is loss triangles. Loss triangles are [...]
Integrated Risk Management for Real Estate
To effectively navigate the complexities and uncertainties of today's and tomorrow’s real estate markets, risk professionals rely on integrated risk management (IRM), as codified and realized in the proper risk management tools and strategies. An [...]
Silicon Valley Bank: A Business Continuity and Resilience Wake-Up Call?
The speed of Silicon Valley Bank’s collapse was scary. It was clear that business continuity thinking did not happen as recently as Q3 2022. Some blamed the collapse on the chief risk officer vacancy. Others [...]
Hybrid Working Risks – What to Have on Your Radar
The combination of remote and in-office work has emerged as the leading choice, offering the best of both worlds for employees and businesses alike. While this arrangement brings many positives, it can leave you exposed [...]
Nine Tips to Expose Your Hidden Risks
The kinds of business risks that provoke the worst insomnia — pandemics, cyber ransoms, a CEO who discovers Twitter — seem to explode into reality without warning.But the truth is, hidden risks are rarely hidden. [...]
