If everyone committed just one day a year to thinking through the risks and compiling an actionable plan, insureds and their employees would gain significant peace of mind and lives would be saved.
In the complex landscape of middle market business operations, risk management stands as a watch guard, protecting employees and organizations from the unforeseen and the preventable. Yet many leaders still don’t think about risk management as a key performance metric for a productive and healthy business.
“I found that there was often a lack of alignment between IT initiatives and those of the business. IT lived in its own silo, which could hinder objectives for the rest of the business and prevented us from realizing all the innovations we wanted to take to market.”
Generative AI has enabled people to create images and content faster than ever before. Employers must remain vigilant should an employee choose to create nefarious and harassing content of their coworkers.
AI’s transformation of health care practice comes with great potential and significant consequences, and it will require careful consideration of its impact.
Augmenting human insights and striking an appropriate balance between maximizing work output and managing the emotional complexities inherent in workers’ compensation cases and claims is essential.
Thirty years ago, single mother Jeanette Ward needed a job. Enter Texas Mutual, where today she fills the role of CEO. Ward reflects on her career in insurance and how to pave a path forward to welcome new recruits to the industry.
The insurance industry — which is facing an exodus of older workers over the next few years — must adapt its talent assessment and development strategies to better attract, nurture and retain the next generation of professionals.
AI isn’t just being used by the good guys. As cybercriminals incorporate AI tools into their arsenals, organizations must ramp up their mitigation and response plans.
COVID-19 has prompted changes in workers’ compensation coverage to include the virus as a compensable illness in many jurisdictions, prompting a broader consideration of how to permanently extend coverage for contagious diseases.
Memory care providers work tirelessly to offer safe, compassionate and effective care for their residents. Alerting them to unforeseen risks can help them to avoid future liability.
Students are still seeking risk management and insurance positions, but they have expectations of their employers. Namely, they want to pursue versatile roles where they can apply diverse skill sets throughout their career.
Economic uncertainty, rising claim costs and an increase in weather-driven losses aren’t exactly the market trends that we’d have selected to take with us into the coming year, had we been given the option. However, it looks like these are the conditions that we will be stuck with for a while. As 2023 draws to… View Article
Despite the growing interest, United Educators has not seen an increase in animal-related claims. Over the last 13 years, it has only had 10 claims related to emotional support animals, service dogs or pets across its 1,600 members.
As we continue to broaden our perspective on the ways to treat injury and illness, let’s not forget the powers of unconventional and complementary medicines.
Wearable ergonomics can reduce workplace injuries and workers’ compensation costs, but coordination and an alignment of incentives are required before they can gain a foothold.