Benchmarks of a Strong Risk Culture: How Does Your Organization Measure Up?

The goal of this session was to show participants how they might: Define the characteristics of a risk-intelligent culture. Measure their organization’s alignment of risk culture, risk strategy and risk management. Incorporate tools that strengthen their risk culture. The speakers in this RIMS 2016 session were: Heath Jones, Director, Enterprise Risk Management, Tennessee Valley Authority […]

Total Recall: Exploring Insurance Coverage for Product Recalls

Airbags, ground beef, ice cream and medical devices: all subjects of high-profile product recalls. Just the word “recall” can send a chill down the spine of even the most seasoned risk professional. Whether the product is yours or it contains a component your company produced, a recall can damage finances and brand value with years […]

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Trends in Organized Fraud

You would be surprised by what fraud bosses know about your underwriting and claims operations and team members. This RIMS 2016 session discussed current trends and developments for detecting fraud and shutting it down. Speakers included: Stephen Truono, VP, Global Risk Management, Starwood Hotels & Resorts Worldwide, Inc. Tom Mulvey, Assistant Vice President, ISO/Verisk Kenneth […]

Staffing Shortages in our Industry

At the 2016 RIMS Annual Conference, Daniel Lisenbey, President and CEO of Broadspire talked about the looming staffing shortages in the insurance industry. Understanding the issue 25% of the insurance industry will retire by the end of 2018, and over 40% will retire in the next 10 years. Nursing is used extensively in the insurance […]

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The New Frontier: Outcomes-Based Claim Audits

This session at RIMS 2016 illustrated how to methodically examine and review the right activities in claims audits to improve the bottom line. Speakers in this session were: Jenny Novoa, Senior Director of Risk Management, Gap Inc. Joe Picone, Claim Consulting Practice Leader, Willis Towers Watson An audit is a “methodical examination and review.” In […]

Proven Strategies to Reduce Workers’ Compensation Litigation Costs

Litigation is often one of the largest cost drivers in many workers’ compensation programs. In this RIMS 2016 session, panelists shared how they revamped each element of litigation management to drive down costs and achieve sustainable results. Speakers included: Amy Turner, Senior Manager Risk Management Compliance, Wal-Mart Stores, Inc. Karen Stankevitz, Director of Consulting, Aptus […]

The Back-Up Plan: Workers’ Compensation and Employers Liability

The “grand bargain” of workers’ compensation relies on injured workers giving up their right to sue in civil court in exchange for certain statutory benefits in a no-fault system. A trend in judgements, however, has allowed injured workers to pursue these and circumvent the exclusive remedy protections for employers. This RIMS 2016 session examined the […]

How to Stop the Madness: Violence in the Workplace

Every day in the United States, someone dies in an incident related to workplace violence, however, only 70 percent of U.S. businesses have a workplace violence plan – many of which are incomplete and untested. Workplace violence should be at the top of your vulnerability and threat analysis. This RIMS 2016 session illustrated how to […]

The Next Nightmare? Be on the Lookout for These Emerging D&O Claim Trends

The speakers in this RIMS 2016 session were: Jimmy Kirtland, VP, Corporate Risk Management, Voya Financial Aloysius Tan, Data Analyst, Advisen Four directors and officers (D&O) claim trends have grown in significance. Drivers of these trends include regulatory changes – the most major trend, shift in the focus in terms of prosecution, plaintiff’s bar identifying […]

Deal or No Deal: Strategies for Effective Management of Public Safety Officer Claims

Safety officer claims for work-related injuries are unique and expensive, thus it is important to effectively manage these claims. The RIMS 2016 speakers for this session were: Diane Caminite, Risk & Safety Manager, San Diego Unified Port District Susan Hastings, Partner, Laughlin, Falbo, Levy & Moresi This session’s speakers are from California and talked about […]

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