The just-released 2026 RMIS Report by Redhand Advisors recognizes Riskonnect as one of the most comprehensive RMIS solutions in the market. Riskonnect is a standout in virtually every category covered by the report – and was the highest-scoring vendor for both understanding customers’ needs and for implementation support.
The report is based on insights from over 1,000 risk professionals and 39 technology solutions, ranging from specialized applications to end-to-end to risk management solutions like Riskonnect.
According to the report, RMIS buyers are getting increasingly sophisticated. They expect integration, a seamless user experience, and analytics. And AI is accelerating the discussion.
Expectations for AI are high. Respondents believe that AI could significantly improve productivity, enhance data quality, and support more informed decision-making. But AI technology is developing faster than understanding exactly what it can do or how to use it.
- 60% of organizations report that they are not currently using AI capabilities, pointing to limited understanding of AI capabilities (44%), data security concerns (39%), and integration challenges (26%).
- 28% of respondents are specifically prioritizing AI-driven capabilities over the next 12-24 months. Other top priorities are enhancing analytics and dashboards (48%), reducing administrative burdens (34%), and improving executive reporting (30%) – all of which can be enhanced by AI.
- 78% of respondents expect AI to generate time savings and productivity gains. Other expected outcomes from AI adoption include improved data quality (57%) and better decision support (49%).
The report also notes that while the backbone of RMIS use is still claims and incident management, organizations are looking to get more value out of their RMIS with improved connectivity, workflows, and decision support. Organizations are moving away from fragmented point solutions to more unified platforms.
How to Get More Value from Your RMIS
Over half of respondents implemented their RMIS more than five years ago. If your RMIS use has remained unchanged since then, you might be missing out on valuable functionality. Here are 5 applications to help you get the most from RMIS technology, whether that’s within the platform you have or in a replacement solution.
- Incident management. Only about half of organizations use their RMIS to track and manage incidents. A RMIS can quickly and accurately capture incident details right at the source and follow every event through to resolution.
- Insurance renewal data collection. Just one in four respondents collects renewal data via a RMIS. A RMIS can streamline the process by automatically collecting, consolidating, and analyzing risk and exposure data.
- Policy/program management. Only 23% of respondents handle insurance management with a RMIS. A RMIS can track and manage all insurance policies and features, including premiums, layers, limits, deductibles, carriers, and more, so you always know where you stand.
- Exposure/asset management. Just 21% of respondents use a RMIS to manage exposures. A RMIS gives you a comprehensive view of your asset and exposure portfolio to avoid overlaps or gaps in coverage.
- Governance, Risk & Compliance. Just 13% of respondents use RMIS technology to manage GRC. A RMIS that can expand your view beyond insurable risks offers an interconnected risk ecosystem for deeper insight into all risks, easier collaboration across teams, and more informed decision-making for the organization.
What to Consider When Buying a RMIS
If your current system can’t deliver what you need, here are a few questions to help you identify the RMIS solution that’s right for you:
Does the RMIS have built-in AI capabilities?
Generative AI and automation are taking on an ever-expanding role in managing risk. While many RMIS providers have nascent capabilities layered on top, Riskonnect has a built-in AI intelligence layer that takes your RMIS to passive recordkeeper to active collaborator.
How integrated is the RMIS?
RMIS technology is most effective when it seamlessly connects risk data of all types across the organization. Riskonnect was the first RMIS provider to bring risk together under one roof, giving customers a unified, interconnected experience with unparalleled insights for making confident decisions.
How much data cleansing and consolidation is a do-it-yourself project – or an unexpected added expense?
Data quality is a key contributor to RMIS effectiveness, according to 61% of respondents. Many vendors, however, glaze over the data-integration process, expecting customers to deliver clean, consolidated, ready-to-go data – or pay up for help. Riskonnect set the bar for best-practice standards, where data is cleansed at the source with both standard business rules and customizable edits. Not only does this protect the integrity of information from the start, it saves you from having to fix bad data down the road.
How secure is the RMIS?
Security is a critical issue, and it’s important to dig into vendors’ assertions. Where is data housed? Has system security been verified independently? Riskonnect protects a company’s data with tight access controls, strong firewalls, global data centers – and best-in-class security verified by independent third parties.
Is that low introductory rate for real?
Some vendors like to offer extremely low prices but then gouge you post-signature with ongoing change and support fees. Riskonnect is straightforward about what you get and what it costs. Riskonnect’s GoLive! implementation services offers three options of customization, all designed to achieve your business objectives as quickly as possible.
What kind of support is provided post implementation?
Implementation is just the start. A RMIS needs to grow and change along with your needs and technological advances. At Riskonnect, ongoing support is provided by a dedicated customer success team that focuses on stakeholder engagement, value, and adoption. This dedication to excellent service has not gone unnoticed. Customers scored Riskonnect highest in customer support and understanding customers’ needs among all vendors surveyed.
The future of RMIS is connected, intelligent, integrated, and intentional, says the report. The challenge is to activate the full range of capabilities available in a modern RMIS. Riskonnect puts all your risk under one roof with interconnected, easy-to-use software – and a total dedication to customer outcomes. Is your current platform able to do that for you?
Riskonnect is the world’s largest and most popular RMIS. For more information, check out Riskonnect’s Risk Management Information Systems solution, and download the full 2026 RMIS Report by Redhand Advisors.
