Interest in better wildfire detection and suppression is growing in the wake of massive fires in California and Australia — costly disasters that are expected to become more common as climate change makes some areas drier and hotter.
“We can come up with creative ways for people to retain some risk up front, and then get rid of that tail so they don’t have liabilities for that long of a period.”
Robotic automation systems have eased strain in metal manufacturing industries, but risk managers need to remain on top of these critical exposures to use this technology safely.
Darren Tasker, head of energy and construction, North America, for Allianz Global Corporate & Specialty, sat down with Risk & Insurance to discuss his perspectives on a Predict & Prevent approach — and which risk carriers are turning their attentions to.
Decades after this worker’s injury, he is prescribed medical marijuana for pain management. But when the employer denies reimbursement, the conversation of coverage is brought into court.
Recognizing that claims caseloads can be burdensome, Charles Taylor’s Chris Schaffer emphasized the importance of using technology to streamline the claims adjustment process.
The advice I would give is to have an open mind. Don’t be intimidated by something as complex as insurance and risk management ― or banking for that matter.
The third installment of podcast Predict & Prevent explores how IoT sensors can be used to detect water leaks. Here’s how one partnership between risk manager and insurer demonstrates how these new tools can predict and prevent loss.
A digital growth spurt has led to ransomware pains and forced cyber insurance to mature quickly. But as Zurich North America’s Michelle Chia explains, rising premiums and more stringent risk selection are a step toward better prevention at the societal level.
Gallagher Bassett’s Jennifer Cogbill speaks on the multitude of behavioral health opportunities available to elevate employee mental health and drive continued improvement in injury outcomes.