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Riskwire
Today's Feature
Conducting Effective Third-Party Risk Management
Risk Management Magazine (4/2/2024)
Financial institutions need to develop a plan to mitigate risks associated with third-party vendors to better protect customers, data and their bottom lines.
Naylor Association Solutions
Industry News
6 Questions for Travelers’ Joann Balous on the Prominent Role CFOs Play in Risk Management and Insurance
Risk & Insurance (5/23/2024)
Joann Balous, vice president of national accounts for Travelers, discusses the evolving role of CFOs in the insurance industry, their increasing involvement in risk management decisions, and the impact of macroeconomic factors on their strategies.
Political Risk Losses Are the New Normal – How Risk Managers Can Prepare
StrategicRISK (5/23/2024)
WTW warns that nearly half of firms have experienced political risk losses exceeding $50m, prompting increased investment in political risk management capabilities. 
NOAA Chimes in With Prediction of Above-Average Atlantic Hurricane Season
Insurance Journal (5/23/2024)
NOAA forecasts an 85% chance of an above-average Atlantic hurricane season, with up to 25 named storms, due to warm ocean temperatures and other factors.
Risks From Larger Ships, Power Blackouts Back in Spotlight: Allianz
Business Insurance (5/23/2024)
Allianz Commercial's report highlights the risks of larger vessels after Baltimore's Francis Scott Key Bridge collapse, emphasizing the severity of potential accidents.
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Legal Malpractice Claims Severity Continues Troubling Trend
PropertyCasualty360 (5/22/2024)
Ames & Gough's survey reveals rising severity of legal malpractice claims, with conflicts of interest as a top cause despite firms' awareness and preventative measures.
What Should Risk Management Look like Moving Forward?
Insurance Business (5/22/2024)
“When we do not challenge and ask the right questions, we create risk," says RiskNZ chief executive David Turner.
The Gaming Boom: Potential Risks and Insurance Implications
Insurance Journal (5/20/2024)
The U.S. gambling industry is rapidly growing, with increased mobile access and partnerships driving significant revenue but also increasing various risks.
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Naylor Association Solutions®
At AXA XL, we understand that every customer has a unique set of risks. We partner with you to navigate the complexity, finding new ways to prepare and protect your business. We leverage data to deepen relationships, drive innovation and reduce your cost of risk. It’s our client-first mindset: working with you to map out your firm’s evolving risk landscape and develop insurance solutions that deliver value beyond your policy.
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Rims Resources
Live From RISKWORLD
  
RIMScast
Recorded during RISKWORLD in San Diego, these RIMScast episodes feature live interviews with students and risk leaders from around the world. The topics ranged from IP and geopolitical risk to the evolving role of the CFO and more. Download Part 1 and Part 2 for free!
The 2024 State of Risk Report: Avoiding Complacency in an Era of Novel Risks
  
RIMS Executive Report, Sponsored by Origami Risk
This year’s report delves into the challenges posed by novel risks, such as the rapid adoption of AI technology and the transformation of familiar risks, like climate change and geopolitical instability. It provides valuable insights into how organizations are adapting to these challenges and offers actionable recommendations for enhancing risk management strategies.