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How Insurance Companies Can Align with the NAIC 2024 Strategic Priorities using ERM

LogisManager

How Insurance Companies Can Align with the NAIC 2024 Strategic Priorities using ERM Last Updated: March 7, 2024 What are the NAIC Strategic Priorities for 2024? Every year, the NAIC announces its strategic priorities to address the most pressing issues affecting consumers, the insurance sector, and markets.

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The Difference Between Strategic and Operational Risk

Reciprocity

Understanding these risks can improve business practices and decision-making, and allow risk managers to implement wise risk mitigation and management controls. On the other hand, confusion about risks – and especially about strategic and operational risks – undermines an organization’s ability to manage risk well.

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Crisis Management Team, Assemble!

Bernstein Crisis Management

An informed and practiced response will typically ensure damage is prevented or mitigated as much as possible while safeguarding your good name. Finance Experts: To manage and mitigate financial risks and implications. Security Professionals: For dealing with physical threats to the organization or its personnel.

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New GAO Report on Earthquakes

Recovery Diva

For example, the program educates the public on earthquake risks and helps communities update building codes and improve design and construction practices. Such an assessment could help the program more strategically address inconsistencies in how states, localities, territories, and tribes mitigate earthquake risks. [

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The Mechanics of Effective Crisis Management: Navigating Challenges with Precision

Bernstein Crisis Management

Understanding Crisis Management: A Methodical Approach At its core, crisis management is a methodical approach to preventing, addressing, and mitigating impact from disruptions. A Strategic Imperative Effective crisis management is not a luxury; it’s a strategic imperative.

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NexusTek Earns Spot on CRN’s 2024 Solution Provider 500 List

NexusTek

By consistently providing proactive, reliable, and scalable IT services, NexusTek has demonstrated a profound understanding of the business challenges faced by its clients, driving operational efficiency and strategic growth. Our commitment to driving operational efficiency and strategic growth for our clients is central to our mission.

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At Risk of Distraction: The Seductive Appeal of RMIS Software

MHA Consulting

An RMIS can help an organization identify, assess, monitor, and mitigate risks, but often they merely seduce and distract companies that are not in a position to make proper use of them. Typically available as a SaaS solution, RMIS software is designed to help companies manage and mitigate risk. Risk Mitigation. Risk Assessment.

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