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Risk Management Blog

Get a read on risk.

There are many blogs out there, so what makes ours so special? Quite simply, if you want to deepen your understanding of risk management, every article herein will be worth your attention.

Designed by our experts to offer practical tips and techniques to elevate risk management and its influence on an organization’s performance; this is good stuff. And because we all know that data is the new gold, you’ll find plenty of insight into capturing and leveraging risk data to your organization’s advantage.

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10 Reports Every Risk Management Team Should Care About

Risk management departments have become commonplace and necessary for large public or private organizations that have broad and diverse operations. Risk management teams are responsible for keeping track of a huge amount of data, including details related to incidents, claims, insurance policies, physical assets, certificates, contracts, employees and more. Effective risk management relies on reports produced from this data to enhance visibility, inform decision making, and optimize risk organization-wide. 

Risk Management Templates for Excel      (and when you're better off with a RMIS)

If you’re a large organization with a high incident frequency, large number of physical assets, and a broad range of diverse operations, you’ve probably considered acquiring a Risk Management Information System (RMIS). However, adopting a new solution may be time consuming due to budget constraints and lengthy RFP processes. This blog will discuss how risk managers can benefit from the tools available to them to develop risk management plans before they are ready to take on a more robust solution.

How Brokers Create Fine-Tuned, Risk-Harnessing, Business Machines

A traditional approach to business might be to avoid risk, at any cost. Risk is dangerous. However, the increasing volatility of a changing marketplace has made it pretty clear that risk is inevitable. Trying to avoid it can leave an entrepreneur in the same position as the proverbial ostrich. The question to ask isn’t so much “how can I avoid risk,” as “how can I make it work for me.” 

What to Include in a Successful Disaster Management Communication Plan

 

The following blog post is by a guest blogger, Regan Hipp. 

Disasters are by definition impossible to foresee. An inefficient communication plan may even provoke more damage than an act of God.
 
When a disaster happens, an emergency response team must place a public information officer and hand them a communication strategy, so that they know how to handle the flow of key information among both the general public and public safety agencies. 
 
If you're new to the field, here's what you need to know. 

It's Hurricane Season: How to Prepare Your Business for Storms

While the main concern for everyone is their safety, the safety of their loved ones and of their homes, businesses can be impacted just as forcefully from such powerful storms.

Lack of preparations can cost business owners thousands or even millions of dollars in damages.

There are many things you can do to prepare your business for storms, so you can focus on the safety of more important aspects of your life until all is calm again.

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