As the pandemic recedes, and society re-emerges, systems, insurers and medical professionals are unsure what they may face next with respect to MPL claims.
Knowing the key risks and trends behind such events is invaluable for the savvy risk professional aiming to protect their business and their balance sheet.
Cyber events are no longer just about data encryption; medical facilities must be aware of the interconnected risks at play that could leave them open to larger liability claims.
With a rising loss trend and hardening market, risk managers seeking solutions for higher-hazard exposures have the deck stacked against them. They need liability insurers with specialized expertise and a comprehensive view of risk.
Coastal flooding may have grabbed media attention, but it is inland regions that have borne the brunt of floods in recent years. Help is at hand in the form of innovative nature-based risk mitigation strategies used in conjunction with insurance coverage.
Companies should consider adding on-site medical programs – in any of many available size and service options – to address a shortage of skilled employees and new hires and support employee retention across diverse industries.
Multinational companies are best served by working with an insurance partner that understands the global landscape and that can navigate changing complexities and exposures as they occur.
Cyber risks are about more than private data; they imperil core operational functions and strategic objectives. If cyber security doesn’t already have the attention of the board, it’s time to change that.
With many non-essential roles eliminated or put on pause during the pandemic, employers and their workers’ comp partners had to get creative with transitional work.
Portals designed with the user in mind can help claims professionals focus their time, attention and expertise on the cases that need it most, producing better outcomes for every stakeholder.
Today’s leaders struggle to derive actionable insights from their data. What they need is a claims partner with analytical expertise that will take the time to review findings, compare results, benchmark trends and make recommendations.
Predictions are in, and the 2021 hurricane season is looming large. Property owners must seek out an insurance partner that can help manage the storm, but also be there long after the winds die down.
Lack of sleep can lead to drowsiness, fatigue and overall poor health. Further, it increases the risk of severe crashes while on the road. But the transportation industry has an opportunity to get ahead on public safety and worker wellness.