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Natural Infrastructure Helps Prevent Natural Catastrophe Damage. Here’s 3 Ways Insurers Can Take Advantage

Natural Infrastructure Helps Prevent Natural Catastrophe Damage. Here’s 3 Ways Insurers Can Take Advantage

When a natural catastrophe strikes, the physical and economic damage to a community is undeniable. Roads flood, businesses face prolonged closures and insurance gets called in to help cover losses.
July 17, 2020 Risk Management

Translation Services Essential To Disaster Planning And Response

Translation Services Essential To Disaster Planning And Response

Disasters come in all shapes and sizes and are indiscriminate in those they catch up in their chaos. As such, when it comes to disaster planning, it’s essential to account for linguistic diversity.
July 15, 2020 Catastrophe Risk Management

Claims Tech Vendor Faces Possible Hostile Takeover

Claims Tech Vendor Faces Possible Hostile Takeover

A hostile takeover of Canadian claims software vendor Symbility’s corporate parent could be in the works. CoreLogic Inc. announced last week its board of directors is rejecting a takeover offer from Senator Investment Group LP and Cannae Holdings Inc., which own about 15% of CoreLogic stock.
July 14, 2020 Risk Management Technology

Creating Your Safe Space

Creating Your Safe Space

Change is coming, and years of architect experience in the design of commercial office space, restaurants, and schools are going to be tested by the advent of COVID-19.
July 13, 2020 Risk Management

Insurtech In A Pandemic: Creating Opportunities From Threats

Insurtech In A Pandemic: Creating Opportunities From Threats

Researchers from Cass Business School suggest that Covid-19 will act as a catalyst for the industry-wide adoption of new digital initiatives in the insurance industry. They also suggest that the pandemic has uncovered the value to firms of having a Chief Risk Officer (CRO) to navigate strategy and identify opportunities.
July 7, 2020 Risk Management Technology

ERM Shows Its Worth In Pandemic

ERM Shows Its Worth In Pandemic

Although some say COVID-19 is a black swan event, it really is not. Pandemics have occurred in the recent as well as the remote past.
July 7, 2020 Risk Management

Global Survey Outlines Huge Rise In ’People’ Risk

Global Survey Outlines Huge Rise In ’People’ Risk

What are the top risks for businesses to focus on mitigating during 2020? Risks such as climate/environmental, and cyber, quickly spring to mind. However, it seems one other type of risk has leapt forward in the rankings.
July 1, 2020 Risk Management

5 Transformations For A Post-Pandemic World

5 Transformations For A Post-Pandemic World

There’s been a lot of talk about how the coronavirus pandemic may permanently affect aspects of daily life and fundamentally alter entire industries. The future of the insurance industry deserves particular attention, considering its critical ability to help businesses weather times of extreme hardship and uncertainty.
June 25, 2020 Risk Management Technology

Allstate Reportedly Preparing To Downsize, Thousands Of Employees Likely Affected

Allstate Reportedly Preparing To Downsize, Thousands Of Employees Likely Affected

With Allstate Corporation remaining tight-lipped over a possible mass layoff, details have emerged from an anonymous tipster suggesting that more than 3,000 employees could be out of a job soon.
June 25, 2020 Risk Management

Insurance Implications Of Electric Cars

Insurance Implications Of Electric Cars

Around the globe, the take-up of electric cars is expected to accelerate rapidly in future, driven by consumer demand and government policies aimed at tackling climate change.
June 15, 2020 Liability Risk Management

4 Stages To Recovery And ‘Future Of Work’

4 Stages To Recovery And ‘Future Of Work’

The insurance industry is experiencing seismic shifts in day-to-day operations stemming from this invisible yet intensely disruptive contagion COVID-19, but early signs of longer-term trends are also starting to emerge. A few short weeks ago, who would have thought that human health/safety and operational resilience would become the top two drivers of digital transformation?
June 12, 2020 Risk Management Technology

Pandemic Risk Expert Examines Longer-Term Impacts Of COVID-19

Pandemic Risk Expert Examines Longer-Term Impacts Of COVID-19

In times of crisis, human nature dictates that we focus on the present with microscopic vision. As COVID-19 wreaks havoc worldwide, businesses have entered survival mode.
June 8, 2020 Risk Management

Insurance Companies Are Subsidizing Coronavirus And Climate Misinformation

Insurance Companies Are Subsidizing Coronavirus And Climate Misinformation

Insurance companies have issued some of the loudest calls for climate action, and they rely on hard data to make their assessments. But a new report from Media Matters for America finds that major insurers are top sponsors of Fox News’ coverage of highly misleading pandemic coverage, using tactics it honed through years of climate denial.
May 29, 2020 Education & Training Risk Management Weird

GMOs: A Primer (Of Sorts)

GMOs: A Primer (Of Sorts)

My purpose today is to add some clarity and remind readers that, when it comes to most of the insurance products we sell, there is little, if any, insurance coverage response. But first, let’s take a look at what a GMO is, how long they have been around, and what they mean for agriculture and the food on your table.
May 28, 2020 Education & Training Excess & Surplus Lines Liability Risk Management

Go Ahead, Monitor Your Remote Workers; But You’d Better Hope HR And Risk Management Get It Right

Go Ahead, Monitor Your Remote Workers; But You’d Better Hope HR And Risk Management Get It Right

Employee monitoring software can keep your workforce accountable and productive, but it can also reduce morale and promote distrust. Consider the risks.
May 27, 2020 Risk Management
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