Activation Financial Services Insurance Strategic 
Advancing Analytics
AUGUST 26, 2021
A report by Citigroup , showed that after the technology sector, the financial services industry is the biggest spender on AI services and is experiencing exponential growth. Interestingly, the insurance sector has 100% live machine learning applications in use. This figure is only expected to rise in the future.
Reciprocity
AUGUST 18, 2022
The result should be better, more strategic decision-making. ERM is the process of methodically identifying and dealing with any potential events that could threaten the achievement of strategic objectives or competitive advantage opportunities. Passing or sharing the risk via insurance, joint venture, or another arrangement.
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Reciprocity
MARCH 28, 2022
Your enterprise risk management (ERM) program – one that encompasses all aspects of risk management and risk response in all business processes, including cybersecurity, finance, human resources, risk management audit , privacy, compliance, and natural disasters – should involve strategic, high-level risk management decision-making.
Reciprocity
AUGUST 24, 2022
Ongoing monitoring of vendor compliance activities assures alignment with your legal requirements because non-compliance with these regulations frequently carries steep fines. When vendors cannot deliver the promised services, businesses frequently experience disruptions to their business, unable to carry out routine tasks.
Castellan
DECEMBER 1, 2021
A business continuity management process is the key to identifying which activities will reduce risk and eliminating the activities that are less beneficial. The remainder of this article describes the business continuity management process and how each part of the process drives the effort towards value-added activities.
Reciprocity
AUGUST 17, 2022
On the other hand, confusion about risks – and especially about strategic and operational risks – undermines an organization’s ability to manage risk well. This article addresses common questions about strategic and operational risk, such as: What are strategic risks and operational risks? Business Risks.
Reciprocity
DECEMBER 19, 2022
More broadly, a corporate compliance program reinforces a company’s commitment to mitigating fraud and misconduct at a sophisticated level, aligning those efforts with the company’s strategic, operational, and financial goals. Importance of a Corporate Compliance Program. Set up a mechanism for monitoring and auditing.
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