Profession (Parent)

Insurers Split Over Who Should Own AI-Driven Work, Research Shows

A survey of 150 insurance leaders found that 83% back AI for repeatable operational tasks while 86% insist people must retain authority over consequential decisions, according to mea Platform.

Digital Health Sector Shifts From Growth To Governance As Risks Converge

Who Gets to the Policyholder First? Why Prevention Matters in the Age of Tech-Enabled Claims Instigation

Zurich U.S. Names Alex Wells CEO

Lloyd’s Market Posts Third Straight Year Of 20%-Plus Returns As Softening Cycle Looms

Recently in Profession (Parent)

Operating Technology — The Next Front in Cyber Security

Operational technology is the latest target of cyber attacks and the consequences can be severe.

The Bottom Line for Subrogation: Patients Come First

Subrogation is an important topic that should be discussed, but it shouldn’t be presented in an isolated, misleading way.

Inside a Major Bank Fraud: How Businesses Can Avoid Getting Conned

The threat of social engineering and bank fraud are likely to continue. Strong risk management remains the best weapon for businesses to avoid getting conned.

8 People on the Move

Holmes Murphy names a new chief strategy officer, MedRisk gets a new president, and Manulife adds two new members to its board of directors in this edition of People on the Move.

Is ERM Worth the Cost?

When the new iPhone is released, we flock to stores. When new ERM strategies come to market, we open our wallets. But is the price tag on these so-called “must buys” worth the price?

How the Insurance Industry Captivated an Aspiring Musician

Jody Moses never dreamed of a career in insurance; now she celebrates over 30 years of top industry experience.

DMEC’s Marcia Carruthers on Three Decades of Building a Profession

The departing chair of DMEC’s board reflects on her 30-year mission to inform employers and elevate the profession of disability and absence management.

The Most Catastrophic Workers’ Compensation Cases Have a Lot to Teach Us All

When faced with a catastrophic case, no one has more experience or data than Paradigm Catastrophic Care Management. We sat down with CEO Kevin Turner to learn what drives their expertise.

11 People on the Move

Aon welcomes a new chief product officer, RT Specialty promotes a new leader and more in this edition of People on the Move.

Here’s An Alternative Energy Broker Who Knows How to Tell a Story

The business of placing coverage for alternative energy projects has gotten a lot more complicated.

The Boeing Case Study: Goodwill’s Role in Valuing Claim Payouts

Boeing’s $100 million compensation fund is an investment in the future of the company’s image. But what will happen when the settlements come in?

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11 People on the Move

A 2019 Fine Arts Power Broker® has accepted a new role, RiskFirst continues its rapid growth, four members of the Geneva Council are announced and more in this edition of People on the Move.

This Retail Risk Manager Is Optimistic — But Realistic — About the Hardening Market

Hanesbrands Inc.’s Vicki Telford talks AI, the hardening market, and the peril of reputational risk in the age of social media.

Why We Need to Trust Risk Management — Not Marketing — to Handle Blame for Reputational Harm

In the event of reputational blunder, stakeholders will want to know — and directors may have to answer for under oath — whether the company did everything reasonably expected of them to mitigate the risk.

Managing the Two-Headed Beast of Governance Eclipse and Governance Gridlock

When the boundaries between different governance roles are hopelessly blurred, a “governance eclipse” has occurred.

These Risk Managers Are Adding Value to the Risk Management Profession; Now You Can, Too

Don’t assume department heads and other company decision makers know the value of a good risk manager. Show them.

What Is A Group Captive and Is It the Right Approach for My Company?

A group captive in some cases gives owners more control over decision making than traditional insurance arrangements. 

A Hospital Worker Secretly Recorded a Peer Review Conversation: Now What?

A secret recording of a quality and safety meeting at UNC highlights the need for safe, open lines of communication for employees to discuss workplace concerns.

This Senior VP of Sales Says Delayed Recovery Is One of the Biggest Challenges in Workers’ Compensation

Michael Rydman of Carisk cites the opioid epidemic and mental health conditions as two major reasons why some claims turn uncontrollable.

Here’s Why the Senior Living Insurance Market Is Hardening: And What to Do About It

Conditions in the senior living insurance market have changed over the last 18 to 24 months and most dramatically over the last 6 months. The moment is now to invest time and/or resources in your organization’s insurance procurement process.