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Today's Feature
RIMS Risk Management Magazine (9/17/2024)
With intensifying geopolitical tensions imperiling the financial stability of many multinational companies, it has become increasingly difficult to purchase political risk insurance to offset extreme government actions like asset expropriation, currency inconvertibility and sovereign debt defaults. Several factors, including the rise of autocratic regimes across Latin America, a new “coup belt” emerging in Africa, and a record number of elections across the world in 2024, are combining to negatively affect the availability of political risk insurance and related coverage terms, conditions and limits.
Industry News
Canadian Underwriter (9/16/2024)
RIMS is partnering with Brokerslink to offer its risk management certification to its affiliate members in an effort to establish a global standard for risk management knowledge. PropertyCasualty360 (9/11/2024)
Sixty-two percent of U.S. companies filed cyber insurance claims in 2024, with more than 27% filing multiple claims. Carrier Management (9/16/2024)
NOAA’s National Centers for Environmental Information reported that the first eight months of 2024 ranked as the second-warmest year-to-date.
Risk & Insurance (9/13/2024)
A report found that over a quarter of executives are most concerned about the risks posed by technology becoming obsolete, especially in the face of new innovations like artificial intelligence. CFO Brew (9/9/2024)
Evolving cyber risks are outpacing the ability of traditional insurance's and risk management's ability to mitigate them. Insurance Journal (9/18/2024)
Insurance companies using artificial intelligence need to ensure they are being safe and ethical in its adaptation due to a variety of risks.
Rims Resources
RIMS White Paper, Sponsored by Global Risk Consultants
It’s a critical time for risk managers to return to the basics of loss control. That begins with developing an effective property loss control formula that accounts for current market conditions, foundational risks affecting every business, and emerging risks. Global Risk Consultants will detail how to build a tailored loss control formula that addresses current and emerging risks, and how to identify loss control trends. RIMS Career Center Jobs
RIMS Career Center Entry-Level Jobs
Dallas, Texas, Core Roles and Responsibilities Sets up and enters new claims into the claims management system. Thoroughly documenting investigations, evaluations, recommendations, action plans, and resolving commercial auto liability, worker's compensation, and transportation claims. Ensuring the continuous settlement of claims in alignment with industry best practices and adherence to all state and federal regulations.
Schaumburg, Illinois, The Client Service Representative (CSR) is the oil that makes our exceptional client service machine run smoothly. They perform transactions and tasks essential to managing efficient insurance, benefit, and/or risk management programs. The CSR executes policy and plan changes, provides evidence of insurance, and helps create proposals that exhibit complex programs in more easily understood and comparative formats for our clients.
Schaumburg, Illinois, About Marsh McLennan Agency Midwest Marsh McLennan Agency's Midwest Region is a full-service brokerage providing business insurance, employee benefits, private client insurance, and retirement services to businesses and individuals across the country. MMA Midwest is consistently recognized as a top workplace, attracting and retaining its insurance talent by rewarding expertise and investing in career development. Colleagues enjoy an award-winning culture that fosters a highly productive and results-driven working environment.
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