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 [...]
As well as the functionality you'd expect, such as claims management, today a risk management information system provides a wide range of functionality as standard. What is most important, however, is that your RMIS [...]
A company’s ethos is set from the top, so shouldn’t it make sense that senior figures need to set the tone for the risk management culture as well? “You can’t control people through policies, procedures [...]
If the recent past is any indication, the not-so-distant future is likely to bring about even more complicated challenges in 2024 and beyond. However, with these challenges come opportunities as well, and firms with [...]
A successful risk manager is one that accomplishes his or her goals, but also achieves success through a well-balanced life. To be happy and successful, you'll need to construct a daily routine that addresses the fundamentals and tasks of your job [...]
Does your insurance lifecycle work like a luxury timepiece? Or does it feel more like a vicious cycle of stress? The current insurance environment is challenging, with more rules and regulations every year. Also, you [...]
Climate change describes A CHANGE IN GLOBAL TEMPERATURE AND WEATHER PATTERNS. These patterns are changing in unpredictable ways due to both natural and unnatural factors, such as human and industrial activities. According to the [...]
