Latest Risk Management Headlines
All the headlines from our Risk Management Topic Page, ordered by recency.
Board Appoints William J. Hold President and CEO of The National Alliance for Insurance Education & Research
Sep 10 2020 // September 10, 2020, Austin, TX— The CIC, CISR, and Academy Board of Directors appointed William J. Hold as President and CEO of The National Alliance for Insurance Education & Research at the bi-annual board meeting...
Element Risk Management Acquires Two Pennsylvania Agencies
Sep 9 2020 // Element Risk Management has acquired two new insurance agencies in Pennsylvania. Barrick & Associates of Hanover, Penn., and Danner’s Insurance, with locations in East Berlin and Biglerville, Penn., are now part...
Why Some Organizations Are Managing Coronavirus Risk Better Than Others
Sep 1 2020 // While few, if any, organizations saw the coronavirus pandemic and all of its death and disruption coming, some were better positioned to deal with it than others. According to risk expert Jim Wetekamp, some organizations...
Cat Risk Modelers Air Worldwide, KCC Release Laura Insured Loss Estimates
Aug 31 2020 // Estimates for insured property losses associated with Hurricane Laura by catastrophe risk modeling firms Air Worldwide and Karen Clark and Co. (KCC) are similar — both fall into the $8 billion range — but they are not...
Venture-backed Insurtech Foresight Poised to Shake Up Workers Compensation
Aug 25 2020 // Foresight offers an innovative workers’ compensation program for safety-critical verticals San Francisco, CA, August 18, 2020 – Foresight recently announced its technology-first workers’ compensation...
The National Alliance for Insurance Education & Research Releases Insuring Healthcare Providers Course
Aug 24 2020 // This course is part of the PROFocus Series and is open to all risk and insurance professionals. Austin, TX, August 21, 2020 – The National Alliance for Insurance Education & Research released a new 16-hour online...
Marsh Promotes Leney to Risk Management Leader for Asia and Pacific Regions
Aug 14 2020 // Marsh, the insurance broker and risk adviser, announced the appointment of Scott Leney as risk management leader for both its Asia and Pacific regions. In his new role, Leney will oversee Marsh’s regional risk...
BKS Partners of Florida Promotes Berry to Partner
Aug 12 2020 // BKS Partners, a national insurance brokerage and risk management firm headquartered in Tampa, Fla., has appointed Jennifer Berry to partner. Berry joined BKS in 2006 as a founding colleague. She currently works with...
Why Condominium Associations Should Consider Risk Management and Financing with Caution
Aug 10 2020 // Insurance for a condominium association is designed to finance the insurable exposures for the association. These exposures include the property and several liability exposures, including what would be covered by a...
Climate Risk Analytics Firm Gets Capital Injections from Liberty and MS&AD
Jul 30 2020 // Jupiter, a Silicon Valley startup provider of predictive data and analytics for climate risk, announced it has raised additional capital from insurers Liberty Mutual and MS&AD Insurance Group Holdings, and SYSTEMIQ, a...
Arthur J. Gallagher Acquires Boldt Risk Management Solutions in California
Jul 15 2020 // Arthur J. Gallagher & Co. has acquired Los Angeles, Calif.-based Boldt Risk Management Solutions. Terms of the deal were not disclosed. The BRMS team will join with Gallagher’s Glendale and Irvine offices, under...
Kovrr Develops Open Framework for Measuring Catastrophic Cyber Risk
Jul 9 2020 // Kovrr, a cyber risk modeling company, announced it has developed an easy-to-use open framework to measure and understand catastrophic cyber risk exposure. The CRA-Zones™ framework defines the minimal elements needed to...
Massachusetts’ C&S Insurance Hires Two Risk Management Professionals
Jul 8 2020 // C&S Insurance, based in Mansfield, Mass., has hired Matt Post and Paul West to its team. This comes as the agency has added a fourth office location and expanded its staff by 30% over the past several months. As senior...
The Next Wave of COVID: Agency E&O?
Jul 6 2020 // As many states keep watch for the “next wave” of COVID-19 infections, the insurance industry is keeping watch for the “next wave” of potential claims that could be directed at independent agents. In...
M&T Insurance Agency Benefits from Cyber Risk Analytics Platform Through CyberCube
Jul 2 2020 // Clients of M&T Insurance Agency Inc. (MTIA), a provider of commercial insurance and risk management solutions that is part of the M&T Bank Corporation family, will now benefit from a new cyber risk analytics...
Sompo Global Risk Solutions Launches Team in London to Serve UK, Europe Markets
Jul 2 2020 // Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced that Sompo Global Risk Solutions (GRS) has formed a new team, Sompo GRS Europe, based in...
Report Highlights Need for Better Risk Management on Europe’s Container Ship Routes
Jun 29 2020 // A Dutch safety watchdog said Thursday [June 25] that it is “undesirable” for large container ships to use a shipping route through an environmentally sensitive, shallow sea off the coast of the Netherlands,...
What It Takes for a New Insurance Agent to Succeed
Jun 19 2020 // Developing young talent to become successful young agents is not easy. Chris Burand, president of Burand & Associates, an insurance agency consulting firm, estimates that the new producer failure rate is as high as 70%...
Taylor Joins POWERS Insurance and Risk Management in St. Louis
Jun 16 2020 // POWERS Insurance & Risk Management in St. Louis, Missouri, has hired Patty Taylor as personal lines account manager. In this position, she will handle the ongoing management of personal lines accounts, retaining new...
How Construction Companies Can Make the Most of Technology Advancements
Jun 15 2020 // As one of the oldest industries, construction has been notoriously slow to adopt technological advancements and embrace the digital age. However, in the last decade, many innovative technologies have gained traction in the...
