Could the risk management industry have been prepared for the risks 2020 presented? In a time where organizations may feel on edge, now is the time to trust that risk management is up to the job.
The coronavirus pandemic may have a vaccine, but that does not mean it’s been eradicated. Now is the time for workers’ comp professionals to recognize what the impacts of the virus could be moving forward.
Telehealth is likely to remain a main avenue for receiving health consultations. It is also likely to experience hiccups along the way. Insurers need to accept both realities.
The opioid misuse crisis continues to negatively impact the lives of patients while costing our health care system billions of dollars. This is why it still deserves our focus.
In their annual risk report, Allianz reported that the risk of pandemic outbreak skyrocketed to the top of 2020’s largest risks. Other risks that are usually ranked high, including business interruption and cyber risk, became even more prominent amid COVID-19.
Cyber security breaches have emerged as a top risk for businesses and companies alike. Insurance policies can provide a wide range of coverage for these types of losses.
If 2020 has taught us anything, it is that risk does not discriminate, it does not care about economic status, race, gender, or nationality. To face the new level of complex risks and uncertainties facing our global markets, more innovative and resilient risk management models are needed in 2021 and beyond.
The health care industry has borne a heavy burden throughout the pandemic. Burnout, a potentially dangerous talent gap and increasing financial strain on the industry are key risks insurance executives have in sharp focus.
From COVID-19 to hurricane season, property owners felt the strains of 2020. Liberty Mutual’s Gregg Cunningham and Ed Mazman share what we can glean from the lessons learned this year.
Representatives of every facet of the workers’ comp industry ranked the factors and trends they view as most disruptive. While most present new challenges, some could bring positive change to the industry.