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.
Financial Services Compliance: Move from Obligation to Opportunity
Financial services compliance is a daunting proposition for banks, insurance companies, investment firms, and FinTech firms worldwide. The rules and regulations are complex and ever-expanding – and compliance is often viewed as a [...]
4 Ways to Improve Payment Flexibility with Insurance Billing Software During COVID-19
As a result of the coronavirus pandemic, many insurance customers are facing financial hardship and may have difficulty making their payments on time. To provide relief for these customers, insurance companies can offer flexible [...]
5 Benefits of AI for TPAs to Improve Service and Outcomes in Claims Administration
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. [...]
Case Study: How Schlumberger Revamped Its Risk Management Process
As long as businesses exist, there are potential risks and hazards that will be encountered to continue to carry on business. Enterprise risk management is the assessment of risks and potential hazards that [...]
Riskonnect named in the leader category for RMIS solutions by AMRAE and EY
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 [...]
Policy Administration Software Checklist: 21 Questions to Ask When Evaluating Your Current System
A modern insurance policy administration system can help insurers, risk pools, and other organizations meet key business objectives, like reducing the time and resources dedicated to manual processes, as well as meeting policyholders' [...]
Important Commercial Insurance Renewal Dates
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 [...]
Building Business Resilience: A Guide to ISO 22301 Certification
Companies today face a range of potential disruptions that can significantly impact the bottom line – or even long-term survival. Adopting the ISO 22301 standard can make your organization more resilient to threats [...]
7 Key Benefits of Using An RMIS For Your Commercial Insurance Renewal
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. [...]
Leverage AI-Driven Risk Management
Use RMIS Software That Incorporates Artificial Intelligence Into Your Risk Management Practice Risk management is a crucial aspect of any business or organization because it helps identify and mitigate potential threats that may [...]