Commercial Risk (2/25/2020)
Marsh Risk Consulting has warned that most businesses are not prepared for any prolonged impacts from a globally-spreading infectious disease such as the coronavirus (Covid-19) on staff welfare, operations, supply chains and the economy.

Risk Management Monitor (2/28/2020)
For businesses that thrive on person-to-person transactions, cash is quickly being replaced by cards, as well as tap-to-pay systems, mobile wallets and QR-based payment systems.

Bloomberg / Insurance Journal (2/26/2020)
Everyone is wondering when China will return to work. While it may be tempting to consider past epidemics or labor strikes to gauge how quickly that could happen, the industrial shutdown from the coronavirus is looking more like a natural disaster than anything else. It may even get worse.

Property Casualty 360 (2/24/2020)
In recent years, companies like Uber, Airbnb, and Postmates have changed how society operates in more ways than one. Beyond providing new means of employment, the sharing economy has also presented new, unique risks to individuals and businesses.

Canadian Underwriter (2/25/2020)
Commercial rate increases gradually became steeper in 2019 and should continue like this for some time, says Prem Watsa, chairman and CEO of Fairfax Financial Holdings Ltd.

Risk Management Magazine (2/3/2020)
As businesses expand beyond national borders, some find themselves working in places rife with ­conflict, exposing those companies and their employees to a host of potential dangers. These include being forced to shut down operations for safety reasons as well as paying or otherwise cooperating with violent groups to continue operating in possible violation of domestic and international laws.

Commercial Risk (2/24/2020)
Financial services firms that are slow to move to a low-carbon economy risk costing the industry up to $1trn, according to a new report from management consultancy Oliver Wyman, which is owned by Marsh & McLennan Companies.

Property Casualty 360 (2/21/2020)
The InsurTech movement has been underway for the better part of a decade. Now that we have entered the 2020s, it might be worth exploring what could be on the horizon for InsurTech over the next 10 years.

Insurance Journal (2/24/2020)
Digital transformation is making it possible for the insurance industry to engage customers with personalized interactions that lead to products and services tailored to their individual insurance needs.

Canadian Underwriter (2/24/2020)
Canada's new mandatory breach notification requirements have increased the number of reported claims, leading to a re-shuffling of claims costs for insurers, according to a privacy lawyer.

Listen to our new podcast episode featuring Kai Kight. Kai is an innovative composer and classical violinist who uses his mesmerizing and original violin performance as a metaphor for the core of his message: to inspire people to compose unique ideas in a world that celebrates conformity. He will present his unique blend of storytelling, music and motivation at the RIMS 2020 Annual Conference & Exhibition during the RIMS Awards & Recognition Luncheon on May 4. In this interview, he discusses his career, his unique presentation style and some of the parallels between risk management and music.

This webinar on March 5 will explore how risk management professionals can apply leading practices to take ownership of their risk data, effectively explore and promote its uses, and leverage it both internally for improved awareness and risk management, as well as better present their overall exposures externally to their brokers and insurers to optimize their risk management programs. It will also review a framework and tools to drive more value from data and analytics from continuous risk management. Webinars are free for members.