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A fast-moving economy and just-in-time delivery are a few of the factors contributing to increased equipment failure risk.
This director of corporate risk management believes in the education available for risk managers, but more effort should be given to developing talent.
Asian cultures have different risk appetites and recovery capabilities. Evidence shows facilities are being built repeatedly in disaster-prone areas.
Reputational risks in food production can arise from quality control issues that result in injury to consumers. Assessing the supply chain is critical.
In this Q&A, the U.S. CEO of a global risk consultancy discusses why measuring loss expectancy is critical to understanding exposure.
An increasingly productive economy means more trade and demands more exacting logistics risk management.
As demand amps up, manufacturing companies have their hands full integrating new technologies and finding the next generation of talent.
Legal questions arise over who will be held responsible if a robot causes harm to people or property.
Robot co-workers may bridge talent shortfalls and improve productivity, but only if manufacturers anticipate the risks.
With more jobs utilizing technology advancements, manufacturing turns to cobots to help ease talent gaps.
Cobots, tariffs and extreme weather are just a few examples. See our map of the top current exposures plotted by frequency and impact.
Marrying property and cyber coverage seamlessly is an area of increased focus for risk managers and underwriters.
American manufacturing is facing a worsening skills shortage and an apprentice program could help solve some of the long-term issues.
The absence of international compatibility standards in automation is just one risk to consider in this new era of manufacturing.
In this coverage spotlight, an equipment breakdown underwriter sat down with R&I to discuss the ins and outs of covered losses due to mechanical or electrical breakdown.
Climate change is having a radical impact on grape growing and winemaking.
Contingent business interruption claims from Hurricane Irma could take years to resolve.
With diligent prep work and high emotional intelligence, Kevin Moss cut Michelin’s outstanding reserves nearly in half.
Steve Richards masterfully recalibrated Coca-Cola’s workers’ comp program when the company rapidly added 25 locations and thousands of new employees.
Daimler Trucks North America’s Dan Holden advocated for a disaster recovery system that is now being implemented internationally.
Underwriters now use the Internet of Things to help determine whether their agriculture and supermarket clients have adequate processes in place.