Risk Management Monitor

OCTOBER 25, 2022

Inflation’s Impact on the Insurance Market. In light of current economic conditions, the directors and officers (D&O) insurance market is now facing several notable inflationary risks. With high unemployment and higher costs, this also poses a risk to employment practices liability (EPL) insurers.

Insurance 40

Insurance Insurance Risk Management Management 40

Reciprocity

NOVEMBER 5, 2021

Hence cyber insurance has become a lucrative product for insurance companies, and a must-have for businesses that want to offset the costs of attack-inflicted damage. What Is Cyber Insurance and Why Do You Need It? Cyber insurance costs can vary due to a number of factors. What You Need to Know About Cyber Insurance.

Insurance 52

Insurance Insurance Management Internet 52

Risk Management Monitor

NOVEMBER 8, 2021

One of the first steps in obtaining commercial property insurance is to determine the value of the property being insured. On the other hand, performing an appraisal (which insurers typically consider the “gold standard”) can provide much-needed accuracy and thoroughness, but will require a greater commitment of time and resources.

Insurance 75

Insurance Insurance Benchmark Marketing 75

Online Computers

MARCH 22, 2022

To face these unforeseeable attacks, you can prepare ahead of time by taking out a dependable cybersecurity insurance plan. Boost Your Protection with Cybersecurity Insurance. It is wise to consider investing in a comprehensive cybersecurity insurance plan. MSP Standards for Cybersecurity Insurance.

Insurance 59

Insurance Insurance Cybersecurity Security 59

Risk Management Monitor

DECEMBER 8, 2022

New York’s newly-enacted Comprehensive Insurance Disclosure Requirements legislation opens the door for defendants to request that organizations disclose the details of their commercial insurance programs that may apply to a judgment in the case. This could lead to the disclosure of incorrect insurance information.

Insurance 49

Insurance Insurance Alert Risk Management 49

Chisel AI

FEBRUARY 24, 2022

The insurance industry faces a recruitment challenge with millennials and Gen Z choosing professions they believe to be more progressive, challenging, and fun. What can insurers do to entice new talent? More than ever, insurers need to create a work-life balance friendly environment.

Insurance 75

Insurance Insurance Travel Management 75

Chisel AI

FEBRUARY 2, 2022

Having grown up with entrepreneurial parents in small town Iowa, I made my transition to the startup world while completing MBA coursework at The Wharton School at the University of Pennsylvania when I joined venture-backed Dwolla in 2012 as an MBA intern, and, over the course of five years, grew to an executive leadership position as the FinTech company’s (..)

Insurance 82

Insurance Insurance B2B Management 82

Chisel AI

OCTOBER 6, 2021

What attracted me to insurance is the relationship-led and no-nonsense culture that many market participants apply when doing business. The sector’s risk aversion can be constraining and gives its members some humility and kindness towards one another.

Insurance 68

Insurance Insurance Management Marketing 68

FS-ISAC

JANUARY 24, 2023

Episode Notes On Episode 2, Jenny Menna, Vice President, Threat Management and Response at Humana, and Member of the FS-IAC Board of Directors discusses the active threats to the insurance and healthcare sectors, including: Which two ongoing threats the insurance and healthcare sectors are monitoring, and how those threats continue to evolve (7:35 (..)

Insurance 52

Insurance Insurance Healthcare Education 52

Risk Management Monitor

MAY 2, 2023

Recognizing a lifetime of outstanding service and achievement in the risk profession, the society’s top honor, the Harry and Dorothy Goodell Award, was presented to Joan Schmit, distinguished chair of risk management and insurance at the University of Wisconsin-Madison. but remains a leader with the RIMS Chicago Chapter.

Risk Management 97

Risk Management Management Insurance Insurance 97

Advancing Analytics

MAY 14, 2022

It was a great opportunity to catch up with the best and the brightest in the Insurance and Brokerage business. There were fantastic talks on the direction of the industry, and one are which is getting a lot of attention it the application of AI and Machine Learning to Insurance. Assessor assistants – Think Hal 9000 but for Insurance!

Insurance 64

Insurance Insurance Financial Services Evaluation 64

MHA Consulting

MARCH 14, 2024

In today’s post, we’ll take a look at how organizations can get started using Enterprise Risk Management (ERM) to reduce their exposure and improve their resilience. It helps organizations reduce risk, outages, impacts, and costs, such as insurance costs. They follow what I call the “Good luck, people” school of risk management.

Risk Management 52

Risk Management Management All-Hazards Mitigation 52

Risk Management Monitor

FEBRUARY 2, 2023

To that end, the National African American Insurance Association (NAAIA) recently updated its research on its members’ experiences and challenges in the insurance industry, releasing the new study The Next Steps on the Journey: Has Anything Changed?

Insurance 40

Insurance Insurance Activation Evaluation 40

Behavior Group

SEPTEMBER 27, 2017

Cyber Insurance Data breaches have led enterprises to invest more in cybersecurity programs. Keith Moore, CEO (…), believes that consumers increasingly will take cybersecurity into their own hands and purchase cyber insurance policies. The post Understanding Cyber Insurance appeared first on Behaviour Portugal.

Insurance 52

Insurance Insurance Cybersecurity Security 52

Risk Management Monitor

AUGUST 30, 2021

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. Before doing so, reach out to your insurance broker who can help guide you through this process.

Risk Management 74

Risk Management Insurance Insurance Management 74

Disaster Recovery Journal

NOVEMBER 6, 2019

Companies generally prepare for emergencies by reviewing insurance policies, implementing back-up computer systems and installing sprinklers, while neglecting the human cost of a workplace crisis and its resulting impact on a company’s productivity. The post Crisis Management.

Crisis Management 100

Crisis Management Disaster Recovery Insurance Insurance 100

National Fire Protection Association

AUGUST 8, 2022

To answer these questions, the Fire Protection Research Foundation (FPRF) initiated a multi-phase research program, through the support of FPRF’s Property Insurance Research Group, which aimed to develop guidance on the protection of storage when solid or open metal grate walkways are present in storage warehouses.

Insurance 52

Insurance Insurance Management 52

Risk Management Monitor

JANUARY 31, 2022

Last week, the RIMS TechRisk/RiskTech virtual event featured two days of education content on some of the biggest challenges and opportunities in modern risk management, focusing extensively on cyberrisk as well as risktech—the latest technology tools and techniques for managing risk. And we must adapt quickly.”. “We

Risk Management 49

Risk Management Insurance Insurance Management 49

BMC

APRIL 4, 2023

If your company is on a digital transformation journey with a specific focus on everything as a service (XaaS), then you should also be investing in managed services to maximize the value of your investment in new technology. So, what are the things you should look for in a managed service provider?

Management 52

Management Insurance Insurance Education 52

BMC

APRIL 4, 2023

If your company is on a digital transformation journey with a specific focus on everything as a service (XaaS), then you should also be investing in managed services to maximize the value of your investment in new technology. So, what are the things you should look for in a managed service provider?

Management 52

Management Insurance Insurance Education 52

Zerto

APRIL 6, 2023

Risk management describes how a business identifies, analyzes, and responds to threats and risk factors that impact its profitability, viability, and strategic goals. Risk management attempts to control future threats by planning preemptively and deploying effective risk-control measures.

Risk Management 97

Risk Management Management Disaster Recovery Impact Analysis 97

MHA Consulting

FEBRUARY 9, 2023

Try a Dose of Risk Management Wise organizations determine how much risk they will accept then make conscious efforts to bring their risk down below that threshold. The Promise and Pitfalls of Insurance Insurance is the most frequently used and easiest method of risk transference.

Insurance 87

Insurance Insurance Outsourcing Mitigation 87

MHA Consulting

FEBRUARY 16, 2023

This post is part of BCM Basics, a series of occasional, entry-level blogs on some of the key concepts in business continuity management. Most companies have a pretty good handle on the tactical side of crisis management. However, relatively few are mindful of the strategic side of crisis management. Training and awareness.

Crisis Management 81

Crisis Management Strategic BCM Management 81

Security Industry Association

NOVEMBER 7, 2023

The Security Industry Association (SIA) has appointed Kenia Caballero to serve as its new industry affairs manager. Kenia Caballero comes to SIA with 15+ years of marketing and events experience in a variety of industries, including pharma, insurance, IT, security and life sciences. SILVER SPRING, Md. –

Security 59

Security Management Marketing Insurance 59

Risk Management Monitor

MARCH 4, 2022

Concerns about escalating cyber activity around the crisis are a vivid reminder of the importance of knowing your threat model and adjusting your risk management priorities accordingly. and “How can we still work without any technology support?”. Check it out here: [link].

Management 56

Management Malware Cybersecurity Insurance 56

LogisManager

OCTOBER 12, 2021

What Is Risk Management? Risk management, in its simplest form, is assessing the possibility of something bad happening; i.e. “If I take this action, will it result negatively?”. Risk Management allows you to imagine tomorrow’s surprises today. However, implicit risk management is not enough to successfully operate a business.

Risk Management 52

Risk Management Management Insurance Insurance 52

Risk Management Monitor

MARCH 3, 2022

In a briefing yesterday, global risk consultancy Control Risks discussed some of the risk management considerations and steps companies need to take as the sanctions landscape continues to evolve. Be sure to engage with regulators, enforcement agencies, banks and insurers for guidance. What do you do as sanctions regimes evolve?

Banking 58

Banking Management Insurance Insurance 58

Pure Storage

MAY 1, 2024

Some schools have spent far more than that, even if they managed to avoid paying a ransom. That alone can be a body blow to the budget of resource-strapped schools or school systems, especially if they don’t have cyber insurance. It’s their insurance policy to help them realize a return on their investment.

Education 98

Education Insurance Insurance Backup 98

Risk Management Monitor

NOVEMBER 11, 2021

With climate change quickly becoming one of the most important issues facing the world, Lloyd’s Chairman Bruce Carnegie-Brown stressed the importance of ESG initiatives to address the threat, as well as the vital role of risk managers, in today’s keynote address at the RIMS ERM Conference 2021 in New York City.

Risk Management 80

Risk Management Management Insurance Insurance 80

CCEM Strategies

AUGUST 24, 2023

So how do you include and plan for all types of volunteers in your emergency management plans? How to prepare for a surge of volunteer types Each volunteer type will require a different management approach—and all can be equally important in a response. Does your insurance cover volunteer inclusion in your operations?

Management 52

Management Emergency Response Emergency Response Transportation 52

Pure Storage

JANUARY 5, 2024

Cyber insurance coverage could encourage more attacks. Attackers have even been known to research how much insurance a target company has and then ask their victim to pay that amount. In fact, enterprises with larger budgets for cyber insurance could be more lucrative targets for bad actors.

Insurance 98

Insurance Insurance Cybersecurity Mitigation 98

Chisel AI

JANUARY 5, 2022

You’ve managed cross-functional teams of 300 to 3,000 employees. Throughout the pandemic, business leaders have had to manage distributed teams, and everyone has had to learn to collaborate 100 percent virtually. What lasting impact do you think the pandemic will have on the future of work?

Insurance 75

Insurance Insurance Pandemic Technology 75

The Failover Plan Podcast

AUGUST 24, 2020

Jose has been leading BC programs at Peruvian companies within the pension funds, insurance and banking industries. . Garay has a solid understanding of business continuity, disaster recovery and risk management. Jose has been leading BC programs at Peruvian companies within the pension funds, insurance and banking industries.

Business Continuity 130

Business Continuity Banking Insurance Insurance 130

Pure Storage

JANUARY 5, 2024

Cyber insurance coverage could encourage more attacks. Attackers have even been known to research how much insurance a target company has and then ask their victim to pay that amount. In fact, enterprises with larger budgets for cyber insurance could be more lucrative targets for bad actors.

Insurance 93

Insurance Insurance Cybersecurity Mitigation 93

Risk Management Monitor

SEPTEMBER 21, 2021

With the cost of insurance for businesses rising across many types of coverage, staying on top of trends in the claims portfolio is more important than ever. For this reason, many insurers and TPAs promise to conduct claims reviews with their business customers on a regular basis, but the rigor can vary greatly. Potential Benefits.

Insurance 75

Insurance Insurance All-Hazards Hazard 75

Solutions Review

SEPTEMBER 9, 2021

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. The editors at Solutions Review have developed this resource to assist buyers in search of the best risk management software and tools to fit the needs of their organization.

Risk Management 98

Risk Management Management Audit Hospitality 98

Reciprocity

AUGUST 18, 2022

Enterprise risk management (ERM) is critical for success in the modern business landscape. Your ERM program should encompass all aspects of risk management and response in all business processes, including cybersecurity, finance, human resources, risk management audit , privacy, compliance, and natural disasters.

Risk Management 52

Risk Management Management Mitigation Strategic 52