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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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4 Tiers of Fleet Inspection and Maintenance

Vehicle inspections are critical in not only ensuring that a driver of a company vehicle is safe, but that other drivers are safe as well. Negligence of vehicle inspections and maintenance could have dire consequences for a company in the event of an accident. This post outlines daily, monthly, quarterly, and semi-annual fleet vehicle inspection procedures that protect companies from the risks imposed by uninspected vehicles.

4 Types of Data Analysis for Risk Managers

Over the past few weeks we've been covering topics such as "6 Reasons Data is Key for Risk Management", "Why All Risk Managers Should Use Data Analytics", and "Data Analysis Steps for Risk Managers". Data has been deemed today's most valuable asset: the "oil of the digital era". Now, let’s delve into some types of analysis that may be particularly helpful for your organization or risk team. 

3 Steps to Reduce the Frequency and Severity of Liability Claims

Slips, trips, and falls are a common cause of liability claims affecting organizations. These occurrences can range from minor incidents to major claims that can involve multi-million dollar lawsuits. It’s unlikely to avoid these types of potential accidents completely, but it is possible to take precautions that will help in reducing the frequency and severity in case of an event.

7 Risks Wholesalers Must Prepare For

Wholesalers, like their retail counterparts, incur many risks while purchasing inventory from manufacturers and selling it to their customers. However, there are some special considerations that a wholesaler must make.

If you're a wholesaler, here are some issues you must be aware of and ready for:

Top 10 Retail Risk Management Tips

Today’s risk management landscape for any industry is complex and vast. New regulatory measures come into effect each year, new products hit the market, and new distribution channels are developed.

In an industry such as retail, risk managers have the added complexity of risks related to the consumer. This adds yet another dimension to an organization’s risk portfolio, making it difficult to present only ten tips for retailers to mitigate risk. But as any risk manager would prioritize their organization's risks, here is a prioritized list of procedures to try: 

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