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Today's Feature
Commercial Risk (7/21/2020)
The role of insurance managers and brokers is likely to come under intense scrutiny after COVID-19-related insurance disputes have exposed deep flaws in relationships between buyers, brokers and insurers, according to Bruce Hepburn, chief executive and founder of Mactavish, a UK-based outsourced insurance buyer and claims adviser.
Industry News
Risk Management Magazine (7/13/2020)
By now, all states and local municipalities are back to work in either a full or limited capacity. For most businesses, this is a welcome sign, but reopening does not occur without some risks. Continuity Central (7/22/2020)
Gartner has published the results from its 2Q20 Emerging Risks Monitor Report, which shows that senior executives see renewed outbreaks of the COVID-19 pandemic as their top emerging risk. Property Casualty 360 (7/20/2020)
Today, D&O insurance looks very different than it did in the 1930s -- or even the 1980s... Today, we are riding the wave of another major shift in D&O coverage -- one that is sure to continue to grow as claims related to the novel coronavirus (COVID-19) make their way into the courts.
Risk Management Magazine (7/15/2020)
Concerns around COVID-19 forced millions to adjust to stay at home orders in recent months, and many businesses began to enable their employees to work remotely from home -- often for the first time. Commercial Risk (7/16/2020)
More than half of organisations around the world surveyed by the Business Continuity Institute (BCI) intend to diversify their supplier base post-pandemic, with the Far East set to be the biggest casualty. Canadian Underwriter (7/21/2020)
With natural catastrophes starting to hit, the economy in rough shape, and the courts poised to weigh in on potential business interruption exposures, insurance companies are buckling in for a rough ride ahead, a recent report warns. Property Casualty 360 (7/22/2020)
What if insurance carriers knew when a qualified loss occurred and issued payment to policyholders right when they need it most, hassle-free? Is it too futuristic to be realistic? No. In fact, parametric insurance products do just that. Reuters (7/20/2020)
While a resurgence in coronavirus cases in Texas has brought many businesses to a screeching halt, eight robots have kept All Axis Machining's metal fabrication facility in Dallas humming. Rims Resources
A leader in the global technology, consulting and operations services market, Cognizant became a Fortune 500 company in 2011. Dinesh K.S., the company's assistant vice president and global head of enterprise risk management, stepped in to lead the evolution of its ERM program. Dinesh shares lessons learned from Cognizant's ERM journey, leading up to being presented with the RIMS India 2019 ERM Award of Distinction.
Each year, RIMS honors leading ERM programs that demonstrate innovative approaches and techniques to managing uncertainty effectively with the aim of creating, preserving or realizing organizational value. Be recognized for ERM excellence and join a global community of experts by sharing your organization's approach for managing today's risk and opportunity landscape with your peers. RIMS Global ERM Award of Distinction nominations are due Friday, August 21. The winner will be announced during our virtual RIMS ERM Conference, November 4–5, 2020.
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