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In an environment where it is impossible to be prepared for every consequence of every event, business leaders instead need to practice the art of thinking strategically in a pinch.
Two risk managers with backgrounds in heavy industry were able to bring crucial risk management lessons learned into the hospitality arena.
A 2011 staged pirate attack on a Greek cargo vessel was an outlandish attempt to collect an insurance payment. These extreme fraud claims pose a legitimate threat to marine underwriters.
A recent study released by FM Global and commissioned from Pentland Analytics outlines hurricanes’ direct effect on shareholder value.
A Swiss Re study reports that the global economy has less capacity to absorb the impact of a shock than it did 10 years ago. But hope still remains.
Distributed ledger technology has the potential to improve supply chains worldwide and to minimize product recall losses. Now is the right time to prepare for widespread adoption.
No two construction projects are the same. That’s where artificial intelligence can help in the transfer of complex risk information.
With ‘traditional’ insurance pulling back in some lines, insureds are using captives to fill in the gaps.
Today’s technology can go a long way in helping to manage the hurricane season.
Philadelphia Insurance’s Brian Himmer discusses the multi-faceted exposures faced by pool construction and servicing companies.
Builder’s risk policies come with certain benefits because they offer all risk coverage. But there are downsides to consider.
These attacks on Saudi oil had reverberations on the global economy, including oil prices rising sharply on news of the bombings.
You can’t miss the towering buildings of Hudson Yards, but it’s really the risk management features that truly set this development apart.
Transparent claim reporting, modified duty and effective employee education are all key steps to a safer, more productive workforce.
Public entities see serious claims during winter months, but thanks to Marcus Henthorn and his Gallagher team, icy conditions don’t stand a chance.
A board that isn’t proactive in protecting against cyber attacks is a board vulnerable to regulatory fines, reputation damage and public scrutiny.
Economic pressures are leading to thieves becoming more innovative, particularly in the theft of food and beverage cargos.
It’s not totally clear how technology will impact large commercial carriers in the future. One industry expert offers his predictions.
Employee theft isn’t a one-off act like once perceived; many employees stealing from their company have been with the institution for years — and they’re not acting alone.
Managers of animal exhibits need to be aware of a host of risks that stem from animal/human interaction.