Interplay of Insurance, Indemnity and Limits of Liability
At the 2019 RIMS Annual Conference, Simon Keshishian, Senior Director of Risk Management and Risk Counsel with Red Bull North America, Inc talked about risk management concerns around the interplay of insurance, indemnity agreements and limits on liability. When you are a risk manager, contracts can pose a particular challenge. It is important for the operations side of the business to involve risk managment in the review of all their contracts to ensure they are not creating additional risk for the organization. One way to make sure this happens is to require the operations side to have skin in the
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Assessing Wearables: Considerations Beyond Technology
Wearable technology can be an effective way to train employees and reduce workplace accidents, but they can also create privacy concerns. In this session at the RIMS 2019 Conference and Exhibition, panelists discussed the different types of wearables and how utilization of data intersects with labor, employment and human resources regulations. Speakers included: Brad Waldron, Vice President, Risk Management, Caesars Entertainment, Inc. Ross Goren, Attorney, Weber Gallagher Simpson Stapleton Fires & Newby, LLC David Wald, CEO and Co-Founder, Aclaimant Wearable technology includes any device that can be worn as an accessory/clothing or implanted in an employee’s body that transmits data.
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A Closer Look at Advocacy Program Performance
Prioritizing an individual’s overall health and well-being can improve injured worker satisfaction while lowering litigation rates, medical costs and claim duration. This session at the RIMS 2019 Annual Conference & Exhibition examined potential advantages of this approach and the results from organizations who have successfully implemented such programs. Speakers included: Darin Hampton, Occupational Care and Recovery Coordinator, International Paper Anas Al-Hamwi, Senior Director, Health & Safety and Injury Management, Walgreens Boots Alliance, Inc. Kathryn Tazic, Managing Director Client Services, Sedgwick (moderator) Employers have put forth some incredible new ideas for employee advocacy in recent years. Each panelist shared their story.
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Is Insurance Enough When Employees Travel?
Illness, injury, violence and potential unrest. When employees travel abroad for business, there are multiple risks that have the potential to create foreign exposures for the employer. This session at the RIMS 2019 Annual Conference & Exhibition addressed available coverage and its capacity to adequately protect employees during international travel. Speakers included: Andrew Miller, Director Special Projects, International SOS Kathleen Ellis, Senior Vice President, CNA International Erin Wilk, Global Security Travel Safety Manager, Facebook, Inc. Companies need guidance to help navigating this risk. Not only are there hard costs related to cancelled travel, there are substantial risks related to the
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Is Insurance Enough When Employees Travel?
Illness, injury, violence and potential unrest. When employees travel abroad for business, there are multiple risks that have the potential to create foreign exposures for the employer. This session at the RIMS 2019 Annual Conference & Exhibition addressed available coverage and its capacity to adequately protect employees during international travel. Speakers included: Andrew Miller, Director Special Projects, International SOS Kathleen Ellis, Senior Vice President, CNA International Erin Wilk, Global Security Travel Safety Manager, Facebook, Inc. Companies need guidance to help navigating this risk. Not only are their hard costs related to cancelled travel, there are substantial risks related to the
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Using Data Analytics to Drive Performance
At the 2019 RIMS Annual Conference a session discussed using data analytics and predictive modeling to assist your risk managment program. The speakers were: George Furlong – Senior Vice President, Sedgwick Jeff Rycroft – Vice President, Express Employment Professionals Zoe Zinn – Workers’ Compensation Manager, Packaging Corporation of America Predictive modeling is something that gets talked about a lot. Many companies will tout their predictive models. The big question is what are you doing with that data? Too many are just generating reports without using the information to drive change in behaviors and outcomes. One of the most important elements
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Addressing PTSD in the Workplace
The occurrence of school shootings, store robberies and job-related fatalities have all contributed to the increase in cases of post-traumatic stress syndrome (PTSD) in the workplace. This session at the RIMS 2019 Annual Conference and Exhibition discussed the need to address the issue on a broader basis. Speakers included: Dr. Teresa Bartlett, Senior Vice President, Medical Quality, Sedgwick Denise Algire, Director, Risk Initiatives & National Medical Director, Albertsons Companies Dr. Steve Wiesner, On-the-Job Medical Director – Workers’ Compensation Service, Kaiser Permanente Post-Traumatic Stress Disorder (PTSD) is a complex disorder which affects the memory and emotional responses of a person who
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Is Your Construction Crew Going Green? Medical Marijuana and Your Liability
Medical marijuana is now legal in 36 states, causing complex issues on construction job sites. In this session at the RIMS 2019 Annual Conference and Exhibition, Matthew Rodliff, Senior Claims Manager, Complex Construction Claims at Liberty Mutual, discussed the impact this trend could have on claims outcomes in a high-risk industry. Medical marijuana can increases a company’s level of risk. According to the National Institute on Drug abuse, employees who tested positive for marijuana were 55 percent more likely to have industrial accidents. There is currently no way to accurately test for impairment with marijuana because impairment level does not
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Bio-Ergo Revolution: Physiology-Driven Assessments Using Wearable Technology
Wearables can do so much more than count steps and monitor heart rate. Assessment technology can objectively track and measure workers, detecting hot spots for efficiency loss and generating optimal physiological job matches. In this session at the RIMS 2019 Conference and Exhibition, Anthony Harris, Associate Medical Director and Vice President of On-site Clinical Operations for WorkCare, Inc., spoke about the potential wearables have for enterprise-wide improvements in risk management. New wearable technology allows for simultaneous, individual assessment of workers while they are performing their actual job. These devices include traditional fitness trackers as well as smart clothing. The technology
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Driving Insurance Forward: Insuring Autonomous Vehicle Risk
Autonomous vehicles may reduce the frequency of accidents, but they also present new liabilities. In this session at the RIMS 2019 Conference and Exhibition, Katherine Henry, Partner at Bradley Arant Boult Cummins LLP, discussed the anticipated shift of liability from owner or operator to manufacturer. Coverage for Autonomous Vehicles Since the automatic transmission was introduced in 1939, we have been marching toward autonomous vehicles. Today, the Department of Transportation recognizes five levels of automation for vehicles, ranging from partial automation to full automation, needing no driver assistance. Ford has announced that they will have their first fully autonomous vehicle in
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