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Today's Feature
Industry News
Property Casualty 360 (5/9/2019)
During the recent RIMS 2019 Annual Conference and Exhibition, Pillar Technologies was announced as the winner of the inaugural RIMS Tech competition. Pillar Technologies competed against five other up-and-coming insurance technologies presented by the following exhibitors: Aclaimant, Chronwell, Cybernance, Maptycs and TrustLayer.
Bloomberg (5/10/2019)
Cyber risks will soon become bigger risks than natural catastrophes for the insurance sector, Scor Chairman and Chief Executive Officer Denis Kessler said, recommending the industry build a comprehensive, common global scale to assess cyber-related incidents.
Canadian Underwriter (5/9/2019)
Employers should treat marijuana use in the workplace as they would alcohol use, a senior claims professional told Canadian Underwriter Monday. "All of the liability still exists," said Heather Matthews, senior vice president of Crawford & Company (Canada)'s National Claims Management Centre. "As that employer, you are vicariously liable for your employee."
Risk Management Monitor (5/10/2019)
At last week's RIMS 2019 in Boston, a group of risk professionals got together for the panel session "NextGen ERM: Strategic Risk Management" to discuss the advantages of strategic risk management (SRM) and the challenges to successfully integrating it into organizations.
Property Casualty 360 (5/10/2019)
With Hurricane Preparedness Week taking place this week, now is the time for home insurance carriers to look back and identify key lessons from last year’s hurricane season to ensure that they’re properly prepared to expedite claims quickly and efficiently if a major hurricane were to hit again in 2019.
Bloomberg (5/8/2019)
For Uber Technologies Inc., using legal arbitration to deal with driver compensation complaints -- over anything from pay to overtime to mileage reimbursement -- seemed like the smart play: it would preclude costly class-action litigation, it was private, and few drivers would go to the trouble. That may have been a miscalculation.
CFO Magazine (5/10/2019)
CFOs are responsible for managing their organization's risks, and that responsibility is only expanding. Business risks are getting more complex and numerous every day, and finance chiefs are increasingly accountable to shareholders and directors. Rims Resources
Will risk management professionals be prepared to meet business challenges by 2025? Please share your input. (Use password: rims2025). All responses will be anonymous, any data will be shared in the aggregate. Brought to you by RIMS, with the support of Chubb, The Hartford and Willis Towers Watson.
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