RISK MANAGEMENT BLOG

25 Quick Tips to Improve Your Insurance Program

If you've never formally managed risk before, starting can be a daunting process. However, it's likely that you're already using strategies throughout the business. These 25 tips are simple to implement in your insurance process and will help you lower costs and better manage risk. 

Topics: risk management planning insurance budgeting 25 risk management tips operational risk insurance broker insurance purchasing effective risk management

Lessons Learned from a Claims and Risk Management Software Implementation

This week we're pleased to feature a guest post from Shannon Devane. Shannon is a ClearRisk user and also the Risk Manager at the City of Vaughn, Ontario. 

Full disclosure – I am not an Information Technology Specialist nor a Business Analyst. In fact, I’m a Risk Manager ‘moonlighting’ in software implementation and development. My background involves various areas of insurance, risk, and claims, primarily in the Public Sector. Throughout my career, I have been involved in several large software purchases and designs. From a large, multi-organization project to one catered to a specific group of clients with a single municipal implementation on the side, I have come away from each project feeling more confident and knowledgeable.

Topics: software for risk management risk professional RMIS implementing risk management smooth system implementation

When Buying Risk Software, Don't Just Ask 'How Much Does it Cost?'

“How much does it cost?” is one of the most common question buyers ask when looking for cloud-based software solutions. Price is definitely a major factor when purchasing, but there are many other important questions that can  get missed at the beginning of the buying process. Asking the following questions upfront can save buyers some big headaches down the road.

Topics: third party software external software choosing a risk management system risk management vendor buying risk management software

How to Be a Better Insurance Consumer

Most organizations look to financial risk transfer through insurance as their first response to managing risks. Out of all the risk management tools available, insurance can often be the most expensive option. There are a number of simple things that can be done to minimize your insurance-related costs and to get better terms in the insurance market through your broker.

Topics: insurance budgeting choosing deductibles assessing property value liability policy limits

5 Reasons Why Organizations Should Stop Using Excel (Infographic)

 

Topics: Claims Management ineffective risk management

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