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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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Reducing Your Risk of a Public Liability Claim

The following blog post is a guest post by Laurie Joyce.

As we all know, running a business is complicated. There are so many aspects of your business to consider: getting the clients, doing the job, keeping track of costs… the list just goes on. One more thing you certainly don’t want to add to your long list is a Public Liability claim.

This itself brings its own long list, so it’s important to run your business efficiently, well, and above all consider the risks that may be involved so you can plan to reduce this from the get-go. 

4 Ways to Manage Supply Chain Risks

85% of surveyed global chains experienced at least one supply chain disruption risk in 2017. Deloitte has shown that organizations who proactively manage supply chain risk spend 50% less to manage disruptions.

As always, proactive risk management is more cost efficient than reactive action. An efficient supply chain is essential for the production of quality products and effective customer service.

City of Saint John Saves 50% on Insurance Claims Costs

The City of Saint John New Brunswick has done some incredible things when it comes to Risk Management including saving the city hundreds of thousands of dollars in claims costs annually.

Before 2013, like many municipalities, Saint John was experiencing multiple issues in managing its risk and insurance data. With the number of claims and incidents on the rise year over year, they knew they needed to do something to take control of the situation. Enter ClearRisk.

4 Topics That Must Be Included in Employee Training

The importance of employee training is obvious; any successful risk manager knows that employee training is a direct way to prevent incidents. Whether to help improve job performance, minimize workplace incidents, or create a set of standard practices, employee training should be a top priority of any business.

However, some organizations aren’t entirely sure of what aspects should be included in employee training, and what knowledge they can reasonably expect the employee to have.

In this article, we’ll cover the major topics that should be included in employee training, and breakdown what specific knowledge any employee should know.

7 Risk Management Strategies for Utility Companies

Utility providers face significant risks, both in high-level management and on the front line of operations. Managers and executives must balance increasing government regulations, complex cost structures, and consumer expectations and concerns. Risk managers and other employees face high-risk tasks, fleet incidents, and more in their daily work. How should utility companies combat these challenges?

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