During tumultuous times, businesses run the risk of property damage and so much more. Now is an appropriate time to consider your current coverage and ensure you are prepared. Property coverage that extends beyond the building and its conte…
Has it ever been more important to be mindful, stay present and set a clear path for health and wellness than it is right now? For this year’s RIMS 2020 conference, Sedgwick had planned to invite attendees to join us in the annual Wellness ZENter, a …
It’s an understatement to say that a lot has changed in a very short time. It’s a very different world than when we started planning for a RIMS conference session on global trends and issues impacting risk management only a few short months ago. Ever…
We’re continuing the conversation about claims concerns during the coronavirus (COVID-19) outbreak with our professional liability and healthcare risk management team members. Read part one here: Are you prepared? Healthcare and liability concerns du…
As a claims organization, it’s up to us to keep our clients and their customers informed on current issues and deliver peace of mind. The healthcare, product liability and life sciences space is constantly evolving, but we’re keeping an eye on the fo…
Lisez ceci en français Lessons learned from contingency planning against multiple risks Large-scale weather events such as windstorms, floods and droughts are becoming more frequent and less predictable, requiring more standardized but also agile r…
The Financial Services Committee (FSC) of the House of Representatives recently held a hearing on the reauthorization of the Terrorism Risk Insurance Act, also known as TRIA, which expires on December 31, 2020. This risk-financing mechanism has prove…
The claims industry depends on risk managers and claims administrators to help improve outcomes for injured workers. And as the industry continues to evolve, claims professionals are discovering new ways to approach treatment and care. Collaborating…
Drought in France is now a high priority for insurance companies. Over the past few weeks, temperatures have soared and new measures are being put in place to deal with the phenomenon. The persistent heat has caused drought and water shortages with …
C’est dans un contexte de changement climatique global et impactant l’ensemble de la Société, que nous abordons le sujet de la sécheresse en France, d’un point de vue assurantiel. Ce sujet est désormais prioritaire pour les compagnies d’assurance. …
The risk landscape is continuously changing. However, business interruption including supply chain risk continues to remain as one of the top three risks businesses face for the seventh year in a row.[i] Most businesses operate within a complex suppl…
Well, it’s that time of year again. As per the CDC, flu activity usually peaks between December and February, although activity can last as late as May. As we know, the flu is a contagious respiratory illness caused by influenza viruses that in…
Editor’s Note: Robin was awarded the prestigious Ron Judd Heart of RIMS Award at the 2016 Risk and Insurance Management Society (RIMS) annual conference in San Diego, CA. She was recognized for her outstanding contributions to the Memphis RIMS chapte…
Healthcare risk managers have the opportunity to engage leaders from across their organizations to think more broadly about maximizing value protection and managing risk that comes with uncertainty through the application of an enterprise risk mana…
Figure 1: The actuarial loss curve There are many definitions of risk, with most coming pretty close to each other with minor nuances as distinctions. Interestingly, most all of these definitions put "risk" well beyond the point of "expected losses"…