Carrier Management / Insurance Journal (1/29/2020)
Industry transformations occur when the pain of staying the same is suddenly greater than the pain of changing, according to Karen White, CEO of RMS.

Financial Post (1/29/2020)
As Canada faces two presumptive cases of coronavirus in Ontario and one in B.C., retailers and customer-facing companies are likely dusting off their business continuity plans in preparation for a possible outbreak.

Insurance Journal (1/31/2020)
Insurtech investments reached an historic high in 2019 but last year also capped a three-year period where a good number of Insurtech startups called it quits. According to a new briefing on the sector from Willis Towers Watson, dozens of tech startups have quietly closed up shop.

Property Casualty 360 (1/29/2020)
Distracted driving is already one of the top issues that insurers struggle with today. New safety features, such as automated driver assistant systems (ADAS), are helping to reduce some accidents, but distracted driving continues to increase and be a contributing factor to many other accidents.

Commercial Risk (1/28/2020)
A new democracy report suggests Africa has suffered the sharpest fall in democracy since 2006, thanks to deteriorating election processes across the continent.

Forbes (1/28/2020)
The external risk environment continues to become ever more complex. In the past decade alone, risk managers at financial services firms have had to contend with waves of comprehensive new regulation resulting from the financial crisis, confront increasingly sophisticated fraud and financial crime schemes, and grapple with the threat of business-crippling cyber-attacks – all while managing traditional financial and operational risks.

Property Casualty 360 (1/24/2020)
With technology evolving at lightning speed, there are boundless opportunities and challenges to the insurance industry. Every day, trade publications publish stories about how new technologies can help insurance businesses fix this or integrate that.

Asia Insurance Review (1/31/2020)
An ongoing scandal involving the inappropriate sales of Japan Post insurance products may have affected over 60,000 customers, reported news agency Jiji Press.

Commercial Risk (1/28/2020)
The world needs to wake up to the shipping crisis in west African waters, warns security expert Dryad Global. In its annual report, it suggests that the "significant security costs for transits in the Indian Ocean and through the Red Sea are no longer justified."

Canadian Underwriter (1/24/2020)
As commercial insurance prices increase, you could have customers who literally have not factored new rates into their budgets.

As we enter a new decade, we find ourselves on the precipice of massive global transformation. The coming decade will demand more of us than ever before. Excellence in our profession will increasingly be measured by our ability to anticipate and meet rapid-fire strategic challenges with critical and fluid skills like resilience, creativity and boots-on-the-ground tactical thinking. More and more, we will be called upon to balance propositions of long-term growth with the need to recalibrate to the wild pendulum swings of a volatile and often unpredictable marketplace and world.

Executives now attribute 63% of their firms' market capitalization to reputation. Reputation risk threatens that value through the economically-relevant changes in the behaviors of aggrieved and emotionally charged stakeholders. Attend this live webinar on February 5 for compelling reasons why such strategies that call upon the skills and resources of governance, risk and finance professionals need to be at the forefront. This webinar is free for RIMS members.