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June 14, 2019
Chris Mandel, SVP and Director, Sedgwick Institute
Terrorism Reinsurance Program Reauthorization Act update - Key considerations for businesses

One of the biggest challenges in risk management is the concept of things “probable” versus things “possible.” Traditional risk management has focused more on the probable, using historical losses and other data to actuarially forecast future losses …

June 14, 2019 by Chris Mandel, SVP and Director, Sedgwick Institute
April 12, 2018
Chris Mandel, RF
SVP Strategic Solutions
Operationalizing risk appetite for non-financial companies

Risk appetite and tolerance continue to be vexing challenges, even for risk leaders in financial institutions where their use is typically more common and advanced. However, those in non-financial organizations face tougher challenges, beginning with…

April 12, 2018 by Chris Mandel, RF, SVP Strategic Solutions
April 15, 2016
Chris Mandel, RF
SVP Strategic Solutions
Risk management maturity #RIMS2016

Earlier this week at the annual RIMS conference, I partnered with Iman H. Al-Gharabally, Team Leader ERM, from the Kuwait Petroleum Corporation (KPC) to delve into the nature of mature and, by inference, effective risk management programs. My partn…

April 15, 2016 by Chris Mandel, RF, SVP Strategic Solutions
February 26, 2016
Chris Mandel, RF
SVP Strategic Solutions
Introducing the Sedgwick Institute

“We’ve got serious problems, and we need serious people.” This quote is from one of my favorite movies, The American President. Our industry has many opportunities; they are serious and complicated. We need serious people with serious resources to ad…

February 26, 2016 by Chris Mandel, RF, SVP Strategic Solutions
August 22, 2015
Chris Mandel, RF
SVP Strategic Solutions
Next level claim strategies

On Tuesday, August 25, 2015, from 9:50 – 11:00 am Sedgwick will present one important aspect of next level claim strategies in “New Thinking in Risk Management: Leveraging Program Integration and Cross-functional Collaboration for Better Results.” …

August 22, 2015 by Chris Mandel, RF, SVP Strategic Solutions
April 29, 2015
Chris Mandel, RF
SVP Strategic Solutions
Achieving results through strategic risk management maturity

On Wednesday at the RIMS annual conference in New Orleans, I’ll be moderating and contributing to an important session with Gert Cruywagen, a leading risk leader from a South African hotel and casino enterprise and Betty Simkin, a leading finance and…

April 29, 2015 by Chris Mandel, RF, SVP Strategic Solutions
February 18, 2015
Chris Mandel, RF
SVP Strategic Solutions
ARAWC: Options in WC making rapid progress

Last year I highlighted the mission and objectives of the newly minted Association for Responsible Alternatives to Workers’ Compensation (ARAWC) organization that was established by a collaborative group of employers and their provider partners. With…

February 18, 2015 by Chris Mandel, RF, SVP Strategic Solutions
February 04, 2015
Chris Mandel, RF
SVP Strategic Solutions
10 building blocks to risk leader success

Important things in life are not easily reduced to 10 steps. Nevertheless, this article pro­vides a list of 10 key elements to achieving long-term success in risk management from someone who has spent more than 25 years striving to carve out the most…

February 04, 2015 by Chris Mandel, RF, SVP Strategic Solutions
December 30, 2014
Chris Mandel, RF
SVP Strategic Solutions
Managing risk along the loss curve

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"…

December 30, 2014 by Chris Mandel, RF, SVP Strategic Solutions
April 25, 2014
Chris Mandel, RF
SVP Strategic Solutions
The best week of the year is almost here: RIMS 2014

Every spring a large number of employers and industry professionals gather in a city big enough to accommodate over 9,000 registered attendees, along with an estimated 8,000 other participants, for one of the risk and insurance industry's biggest gat…

April 25, 2014 by Chris Mandel, RF, SVP Strategic Solutions
March 07, 2014
Chris Mandel, RF
SVP Strategic Solutions
TRIA renewal: Why risk managers care

Just when you thought you knew all the acronyms, TRIA (the Terrorism Risk Insurance Act) comes back to the forefront, now known as TRIPRA (Terrorism Risk Insurance Program Reauthorization Act).  First passed in 2002 in its original form, its purpos…

March 07, 2014 by Chris Mandel, RF, SVP Strategic Solutions
January 30, 2014
Chris Mandel, RF
SVP Strategic Solutions
Measuring and analyzing the “biggest” cost of risk

I was recently asked to consider whether and how effective workers' compensation reporting really was and whether or not anyone had a truly helpful and effective view into true WC cost of risk (COR) and its related trends. In fact, having spent muc…

January 30, 2014 by Chris Mandel, RF, SVP Strategic Solutions
October 16, 2013
Chris Mandel, RF
SVP Strategic Solutions
Is innovation in workers’ comp an oxymoron?

We can agree that much has changed about the world of workers' compensation, yet the question of effect remains open. On one hand, many employers have substantially improved their "results" in this realm, particularly over the last five to ten years.…

October 16, 2013 by Chris Mandel, RF, SVP Strategic Solutions
End of results.
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