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Hurricane Risk Management: Key Considerations Before and After Storms Strike

Risk Management Monitor

The storm marks another overactive hurricane season officially underway in the United States, prompting business leaders and property owners to ensure they are adequately prepared from an insurance and risk management perspective. If a hurricane impacts your business, implement your disaster recovery plan.

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The Best Risk Management Software to Consider for 2021 and Beyond

Solutions Review

Solutions Review’s listing of the best risk management software is an annual mashup of products that best represent current market conditions, according to the crowd. To make your search a little easier, we’ve profiled the best risk management software providers all in one place. The Best Risk Management Software.

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Understand Your Customers to Build a World-Class Risk Management Program

Fusion Risk Management

In his presentation at Fusion Risk Management’s Solutions21 customer summit , Murphy spoke of “really understanding our audience and the different types of personas who have different requirements and different mental models so we can design communications that engage through storytelling.”.

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The 2023 Hurricane Season Outlook

Risk Management Monitor

Normal 0 false false false EN-US X-NONE X-NONE Normal 0 false false false EN-US X-NONE X-NONE As the hurricane season gets underway, the following tips can help businesses update and strengthen natural disaster recovery plans: Review your business interruption insurance. Update your current disaster recovery plan.

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TSPs: Making the Case to Invest in Risk and Resiliency

Fusion Risk Management

Even if it is difficult to use that regulatory hammer to secure funding for budget to purchase technology, this should not stop a progressive organization from using effective risk management disciplines to run their programs and serve their customers. Ability to Procure Cyber Insurance. Supply Chain Ecosystem.

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An Introduction to FFIEC: BCM’s Gold Standard

MHA Consulting

By adhering to the council’s guidelines, companies can implement best practices for risk management, cybersecurity, data protection, and business continuity planning. The FFIEC standard can be found here, and it’s completely free. Does trying to meet the rigorous FFIEC standard make sense for every organization?

BCM 74
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Tornadoes Devastate Midwest and Southern States

Risk Management Monitor

While Karen Clark & Company has estimated that the insured loss from the tornado outbreak will be about $3 billion, and credit rating agency Fitch predicted that losses would total $5 billion, Dr. Joel N. Businesses and risk professionals should prepare now for more frequent and intense weather events.