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Craig Guillot is a writer and photographer, based in New Orleans. He can be reached at [email protected].
Cyber security risk has become a prominent threat for companies and businesses alike. Many fear that a cyber attack could result in loss of information or data. But a recent cyber security breach at a water treatment facility in Florida has made it clear that no entity is safe.
Global insurance prices continue to rise after a tumultuous 2020 and implications still rooted in the COVID-19 pandemic, according to the Global Insurance Market Index.
There are several simple software solutions, wearable devices and apps that can help employers reduce the spread of COVID-19 and protect their employees.
As hardening markets drive businesses to explore other options, public sector risk pools offer lessons in alternative methods of risk management.
As the economic effects of COVID-19 rage on, many business interruption losses won’t be covered, threatening insurers with grueling litigation for years to come.
At a time when hardening commercial markets are enticing industries and business groups to explore new options, best practices and lessons learned in the public sector could help others improve their risk management.
With markets hardening, more companies are turning to risk retention strategies, such as alternative risk transfer and captives, to keep their coverage more affordable.
Current advances are paving the way for true touchless claim technology — a game-changer that is sorely necessary in the tricky commercial auto sector.
Copyrights and trademarks are more valuable than ever, yet less than one-fifth of these assets are insured.
While it can be challenging to enact drastic changes in government or organizations that are set in their ways, Rodney Escobar knows ambitious plans can yield big results.
Experts agree one of the best defenses against a manufacturing cyber attack is having a solid recovery plan in place.
While there is still plenty of risk transfer capacity out there, commercial insurance pricing is becoming painful in some lines.
As technology raises the risk of cyber attacks, it’s also being used to fight the battle against them.
Marsh announced the creation of a program that brings together leading cyber insurers to evaluate and identify the solutions they consider most effective in reducing cyber risk.
Never have so many political upsets impacted the supply chain at once, say experts, so risk managers need to stay ahead of the changes.
Pipeline explosions are scary and can be deadly; but ample insurance capacity is available.
Attorneys and risk managers say lack of ADA-compliant websites is a growing issue and businesses should start reviewing their sites and checking their liability coverage.
Food recall costs billions in waste and lost inventory. Experts say blockchain could reduce the losses by increasing transparency and making it easier to trace the source of contaminated food.
A strategy known as “blend and extend” helped energy sector contractors stay afloat when oil prices plummeted in 2016. Experts speculate on whether it could have broader uses.
A McKinsey study shows unconscious bias, lack of work-life balance and fear of risk-taking negatively impact women leadership in insurance.
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