Emerging risks and developing technology can make risk management decisions difficult. A new, holistic approach to data analytics can help improve risk management decision making throughout an organization as well as providing valuable information to help secure buy-in from the C-suite for those decisions. In this session at the RIMS 2019 Annual Conference and Exhibition, […]

At the 2018 Chicagoland Risk Forum, a session discussed understanding a company’s total costs of risk management. The speakers were: Jessica Wacek – Marsh Jaci Mennenga – County Financial Risk has a cost whether or not you buy insurance. Focusing on the premium alone is short-sighted as the premium can be a small piece of […]

Understanding current cyber claim trends can be extremely helpful in assessing the cyber risk of a potential policyholder. This session at the 2018 NetDiligence® Cyber Risk Summit explored results from the most recent NetDiligence® Cyber Claims Study and the Verizon Data Breach Incident Response Report. Speakers included: John Mullen, Partner, Mullen Coughlin Beth Diamond, Head […]

In this session at WCI’s 2017 Workers’ Compensation Educational Conference, Brittany O’Neil, Senior Policy Coordinator of the Florida Division of Workers’ Compensation, shared how the Division is leveraging electronic claims, medical, and policy data reported to the Division as required by statute (69L-7.730, F.A.C. and section 440.185, F.S.). By accessing and providing this data in […]

Advances in the way the workers’ compensation industry collects analytics are rapidly changing the way we do business. In this session at WCI’s 2017 Workers’ Compensation Educational Conference, Frank Pennachio, Agent at Oceanus Partners, provided a future outlook for workers’ compensation data analytics trends and how they relate to pricing. The industry is experiencing dramatic […]

At the 2017 America’s Claims Event a session discussed how auto carriers can improve efficiency by integrating data and analytics into the life of a claim. The speaker was Frank Cesario, Director of Claims with LexisNexis Risk Solutions. Despite increases in satisfaction scores, claims processing continues to be the lowest performing area in the insurance […]

At the 2016 PRIMA Annual Conference, Frank Altiere from PMA Management Corp and Lori Gray from Prince William County, VA discussed how using data effectively is vital to improving your program and proving its value. In workers’ compensation you can significantly impact your results and metrics are the key to doing so. They can help […]

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 […]

Being a risk manager can be a thankless job and may also lead to becoming a scapegoat when things go wrong. You cannot prove a negative and there is only a chance that something is going to happen, so when it doesn’t, is that a result of good risk management? In this RIMS 2016 session, […]

At the 2016 RIMS Annual Conference, Michael Elliott, Senior Director of Knowledge Resources with The Institutes presented a session on how risk managers can use the large amount of data for analysis. The Internet of Things (IoT) includes things like robotics such as exoskeletons which can enhance the capabilities of workers and help prevent injuries. […]