Innovation in risk management is constant and ongoing because the challenges that risk managers and their insurance partners face are constantly growing and changing. There are many, many examples of this dynamic whether one is looking at large, headline- grabbing risks, or risks that might fall under the heading of minutia management. Here are a handful: The field of workers’ compensation risk management, the largest chunk of the liability space, has undergone rapid and relentless change in the past five years. Pain medication use and misuse has exploded and the industry is in an innovation race to keep up.