Latest Risk Management Headlines
All the headlines from our Risk Management Topic Page, ordered by recency.
RIMS 2017: Firms Value Cyber Assets Highly Until Time for Insurance
Apr 25 2017 // Despite believing that their plant, property and equipment are now less valuable than their cyber assets, most organization spend four times more on insurance protecting their physical plants, properties and equipment than...
RIMS 2017: Risk Managers in Denial Over Disruptive Technologies
Apr 25 2017 // The 14th annual Excellence in Risk Management report finds an apparent lack of awareness among many risk professionals on existing and emerging technologies including telematics, sensors, the Internet of Things (IoT),...
MJ Insurance Adds Parker, Slusser to Risk Management Team in Indianapolis
Apr 24 2017 // Indiana-based MJ Insurance, has welcomed two new additions to the risk management department in its Indianapolis headquarters, Aaron Parker and Jon Slusser. Parker joins the MJ team as a client executive, responsible for...
Risk Management: Employers Benefit from Mitigating Workplace Violence
Apr 17 2017 // Each year, close to 2 million workers are victims of workplace violence in the United States, according to the Occupational Safety and Health Administration (OSHA). The federal agency defines workplace violence as any act...
Massachusetts’ Custom House Risk Advisors Hires 3
Apr 12 2017 // Custom House Risk Advisors (CHRA), a Westwood, Mass.-based independent risk management consulting affiliate of Starkweather & Shepley Insurance Brokerage Inc., has hired Kathleen Nickerson as vice president, Susan M....
Pennsylvania’s Venture Programs Hires Wright and Starr
Apr 6 2017 // Venture Programs, a West Chester, Penn.-based national insurance program administrator, has added Janet Wright as a risk manager and Jeanne Starr as a SUITELIFE regional underwriter. In this new role, Wright will be...
Ohio’s TDC Risk Management Partners with Highline Insurance
Apr 6 2017 // TDC Risk Management, a Maumee, Ohio-based independent property and casualty insurance agency and risk management firm announced a partnership with California’s Highline Insurance. Highline Insurance is an independent...
The Hanover Launches Professional Liability Risk Management Portal
Mar 27 2017 // The Hanover Insurance Group, Inc. has launched a new online portal featuring risk management tools for the professional liability industry. HanoverProRisk offers articles, templates, risk bulletins and seminars focused on...
Risk Management Not Keeping Up with Escalating Risks: Survey
Mar 21 2017 // Most executives see risks increasing in both number and complexity – but those same executives say their organizations’ risk management efforts may not be staying abreast of those risks. The findings are part of a...
RMS Launches Agricultural Risk Models for India and China
Mar 15 2017 // RMS, the Newark, Calif.-based catastrophe risk management firm, has added agricultural risk models for India and China to its line of emerging risks models, and plans to expand coverage across Asia-Pacific and the...
Liability Risk Modeling Tool Launched by Lloyd’s and AIR’s Arium
Mar 14 2017 // Lloyd’s and modeling company Arium have launched a tool designed to enable insurers and reinsurers to model liability exposure probabilistically across their entire portfolios, Lloyd’s announced. “The new...
Level of Cyber Risk Management for Many Firms Is ‘Unsustainable’: Swiss Re
Mar 2 2017 // Despite increased awareness of rapidly evolving cyber threats, relatively few corporations have integrated cyber security into their mainstream risk management programs – a situation that is “unsustainable,”...
XL Catlin Names Shertenlieb Central U.S. Leader for Global Risk Management
Mar 1 2017 // XL Catlin has appointed Gary Shertenlieb as zonal underwriting manager for Global Risk Management in the U.S. central region. Starting in April, Shertenlieb will lead the division’s primary casualty insurance and...
People
Feb 20 2017 // Cobbs Allen, a national insurance and risk management firm headquartered in Birmingham, Ala., has hired Tyrenda Williams-Reed as its new Human Resources director. Reed will be responsible for company-wide human resource...
Audit Shows Risk Management Fund for New Mexico City Being Drained by Suits
Feb 16 2017 // Legal settlements in law enforcement civil rights cases over the past five years have severely depleted Albuquerque, N.M.’s risk management fund, which pays for uninsured losses. In a letter to city officials, state...
Hiscox Launches Security Incident Response Policy for Crisis Support
Jan 26 2017 // Specialist global insurer Hiscox has launched a Security Incident Response (SIR) policy designed to provide clients with crisis management services. “SIR will enable organizations to fulfil their duty of care...
Verisk Analytics Buys UK-Based Arium, a Liability Risk Modeling Firm
Jan 23 2017 // Verisk Analytics Inc., the Jersey City, N.J.-based data analytics provider, has acquired Arium, an independent company specializing in liability risk modeling and decision support. London-based Arium will become part of...
People
Jan 23 2017 // Property and casualty veteran Mark LaBour has joined Alliant’s growing Florida practice. As vice president within the company’s Alliant Americas division, LaBour will deploy targeted risk management and...
People
Jan 23 2017 // Massachusetts Gov. Charlie Baker has appointed Todd R. Johnson, senior vice president and property-casualty practice leader of the USI Insurance Services’ (USI) Massachusetts offices located in Woburn, Needham and...
Expert: Cyber Risk Modeling Requires New Way of Thinking
Jan 23 2017 // Arvind Parthasarathi, founder and CEO of Cyence, a San Mateo, Calif.-based cyber risk modeler, believes that rising to the demand of cyber threats calls for a completely different way of looking at cybersecurity. He thinks...
