Riskonnect Blog
Welcome to Riskonnect, the place where risk and compliance professionals can find expert advice, practical tips, and useful information to do their jobs easier, faster, and more effectively.
Mistakes to Avoid Before and After a Ransomware Attack
Forbes Technology Council, August 9, 2024 Waiting for an attack to happen to begin strategizing The most common mistake is waiting until a ransomware attack happens to begin discussing what to do. Get [...]
How to Run a Risk Workshop
Risk workshops are an indispensable part of an effective enterprise risk management program. They are a powerful tool for engaging decision-makers in the risk management process and for building a more mature, transparent, [...]
What’s the Difference between Internal and External Data?
In the digital age of marketing, data is your business's most valuable resource. The information gleaned through data collection and analysis can help you evaluate your company’s performance on all fronts. When making critical financial [...]
7 Things Your ERM Software Should Do
Enterprise risk management (ERM) Software helps organizations identify risks in information systems and critical technologies, so the organization can make plans to deal with those risks, document the response when something does happen, and [...]
What to Look for In A Claims Management System
As a claims expert, your role is not just about handling individual claims, but ensuring your claims department operates efficiently and effectively. In the modern era, claims management software is a must to [...]
Common Customer Complaints About Companies
Customers are the bedrock of any business. Not only do they provide the income streams businesses need to live, but their WORD OF MOUTH HELPS KEEP NEW CUSTOMERS COMING IN. This is why it’s important [...]
3 Ways for Insurance Brokers to Improve Renewals in a Hard Market
As brokers navigate a rapidly evolving insurance market, it is imperative to start renewal discussions early and make the process as efficient as possible for all stakeholders. Hardening conditions have intensified in Q2 of [...]
Transform Your Automation with APIs
How an Integrated Risk Management Tool Can Help Insurers Harness the Power of APIs to Improve Data Integrity, Accuracy, Efficiency, and Customer Experience In the ever-changing insurance industry, making your organization’s vast stores [...]
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 [...]
How Insurance Company Risk Management Can See More Benefits.
A risk management process is essential to modern insurance companies because it provides them with the necessary tools to identify and manage potential risks. Once a risk is identified, an effective risk management [...]