According to a recent survey conducted by Lightico and Sapiens, a majority of American workers’ compensation professionals are actively looking to create a more technology-centered future industry.
While avoiding the risk of community spread by having classes exclusively online is not feasible for many colleges, the risk of spreading the virus can be reduced by banning all mass gatherings, including college football practices, on campus.
The benefits of owning or participating in a captive may be well reported, but what are the additional factors that firms need to consider when forming a captive?
At the heart of every plan should be strategies to maintain the effective delivery of critical products and services. These must include giving people charged with responsibility for crisis management clearly defined actions that could be taken to maintain the business.
Described as a ‘natural settling place’ for COVID-19 claims, the workers’ comp landscape is just getting started in pandemic-related legal entanglements.
A whitepaper recently released by the Sedgwick Institute discusses the use of presumptions in the workers’ compensation system, emphasizing the expanded use of legal presumptions as a result of COVID-19.
Several factors, including the recent COVID-19 crisis, have catapulted health care systems into what many are calling a “new normal.” Those in the space must prepare now for the emerging risks to follow.
Think about what it means if an organization converts to a microservice architecture monitored by a cybersecurity rater. A person knocking on the cyber wall door will trigger risk management responses.
Preparation and action that takes place now can help businesses become more efficient, effective and resilient to natural catastrophes and similar crises in the future.