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In 2018, the industry embraced disruptive technologies. Here are the five trends I see unfolding next year.
Vacationers might not appreciate the degree to which public sector risk management is put to the test during the summer months.
Technological innovation will drive sustainable urban growth.
Top performing claims organizations are investing in and training talent, measuring and focusing on outcomes, and investing in claims tools.
Choosing the wrong partner can contradict your company values and tarnish consumer trust.
If you understand how an underwriter is evaluating your properties, you’ll be in a better position to evaluate recommendations and negotiate renewal terms.
Legal questions arise over who will be held responsible if a robot causes harm to people or property.
Making insurers more efficient is just one upside of more digitization.
Mount Ida College in Massachusetts just declared bankruptcy. Who’s next?
Commercial insurance carriers frequently take on risks that are proven to be loss-ridden because they don’t have the analytics to underwrite and insure better risks.
The emerging casualty liability of sports concussions rivals asbestos in scope.
The agriculture industry is ready to embrace robots and artificial intelligence to make farming and food safety more efficient.
Robot co-workers may bridge talent shortfalls and improve productivity, but only if manufacturers anticipate the risks.
There are generational differences in how mental health is discussed, but overall the amount of stigma attached to the topic is too high.
A new Constructech ecosystem of wearable devices, sensors, virtual reality and drones will enable smarter and safer structures.
As insurtech is reconfiguring the way the insurance world works, there is plenty of room for similar efforts on the risk management side.
Lawsuits alleging cyber defamation have garnered multimillion-dollar verdicts.
American manufacturing is facing a worsening skills shortage and an apprentice program could help solve some of the long-term issues.
A third party partner’s mishap can spell disaster for your reputation.
Being willing to ‘fail small’ can help organizations achieve greater success within workers’ compensation programs, and beyond.
We need to iron out the kinks before moving to a world where cash is no longer king.