Risk Management Magazine (4/3/2023)
As sociologist and researcher Dr. Evelyn R. Carter wrote in a recent article for Harvard Business Review, “DEI initiatives are futile without accountability.” By demonstrating accountability, companies can enhance DEI initiatives and mitigate risks.

Insurance Journal (4/17/2023)
According to Aon, private and public insurance entities saw an estimated $15 billion of global losses during the first quarter—close to both average and median losses of the last 10 years.

PropertyCasualty360 (4/17/2023)
According to FEMA Administrator Deanne Criswell, the new version of the index will be “invaluable to targeting support to communities most in need of resilience” and to helping them reduce impacts from disasters.

Forbes (4/18/2023)
Some experts speculate that ESG calculations are going beyond known risk and pushing environmental action onto consumers.

Reuters (4/14/2023)
The SEC met last week to open public comment on its proposal to expand the definition of an "exchange," stating that its existing rules on exchanges also apply to decentralized cryptocurrency platforms.

Insurance Journal (4/19/2023)
Despite reforms, many experts say Florida is still missing an affordable, effective, state-run layer of reinsurance that could have an immediate impact on costs.

Reuters (4/18/2023)
"The EU Cyber Solidarity Act will strengthen solidarity at Union level to better detect, prepare for and respond to significant or large-scale cybersecurity incidents," the EU executive said.

Canadian Underwriter (4/18/2023)
“We can’t continue on the same track that we’re on now. We don’t want $3 billion [in insured damages] to become the new normal after $2 billion,” says Celyeste Power, president and CEO at Insurance Bureau of Canada.

Asia Insurance Review (4/1/2023)
Despite regulations and risk aversion within the insurance industry, the InsurTech sector continues to develop and thrive.

RIMScast
Listen to this new episode with Eleni Willis, Senior Vice President and Director of Enterprise Risk Management at Sterling Bank and Trust. In this interview, Eleni discusses the roles of ERM in preventing a crisis such as the bank run on SVB, how her background as a bank examiner informs how she presents to the board on risk, and what will change for the future of ERM in banks in the light of SVB’s closure.

RIMS Virtual Workshops
Attend our three-part, virtual workshop series to improve your knowledge and enrich your risk management program with the best practices in data management, analytics, and artificial intelligence. Earn the new RIMS Fundamentals of Risk Data, Analytics and AI Certificate when you complete this workshop series.