- Modern Supply-Chain Risk Management
By Frank J. Coyne
ISO's CEO argues that traditional risk management practices are inadequate to protect the supply chain of a company participating in today's globally interconnected economy. Senior management and functional managers throughout the organization need to become active participants in supply-chain risk management.
- Successful ERM Requires a Practical Approach
By Mark Anquillare
Enterprise risk management takes a broad view of the processes and controls needed to keep an organization safe and reliable. What can your company do to acquire the tools you need for a comprehensive ERM program?
- Organizational Risk Management and the Procurement Department
By Ken Rado and Bob Schneider
Corporate procurement departments are great at purchasing copier paper and pencils. Can such departments also purchase the goods and services needed for effective risk management? Should they?
- Climate Change and Insurer Risk Management Strategy
By Ross N. Hoffman and David B. Hogan
As the climate changes, there will be both winners and losers. To be one of the winners, your company needs a climate change road map and regular climate change risk audits.
- ISO Review Issues Forum:
The Convergence of Insurance Data Management and Risk Management
A conversation with Peter Marotta
ISO's enterprise data administrator talks about the convergence of insurance data management and risk management and what it means for risk managers.
- Megacatastrophes: Risk Acceptance and Claims Management
By Gary Kerney
Megacatastrophes like Hurricanes Andrew and Katrina have consequences beyond the property loss and human suffering they cause. In preparing for a megacatastrophe, risk managers must identify and plan to mitigate the effects of circumstances they have not faced before.
- Risk Management in Housing and Construction
By Jim Loveland
New sources of information including construction-cost and claims data can be important tools for risk managers in today's uncertain economic conditions.
- Managing Driver Risk through MVR Monitoring
By Sean Quillivan
If your company employs drivers, you need to take every possible step to ensure that they're qualified and safe. Here's an exploration of the things you can do to reduce the chance of accidents and enhance your risk management profile.
- One-on-One with a Risk Management Expert
with Diane Askwyth
Diane Askwyth, senior director of risk management and insurance at Schering-Plough, shares her views on some significant trends and challenges.
- Negligent Hiring: Employer Risk
By William F. Hauswirth
When you're hiring, what you don't know about an applicant can hurt you. But a reasonable investment in time and effort at the outset can minimize risk, help in deterring unscrupulous individuals, and save significant money in the long run.
- Best Practices for Managing Catastrophe Risk
By Bill Churney
Catastrophe modeling can help you take control of the risk-transfer process and make the best decisions for your company.
- Managing Risk through Telematics
By Steven C. Craig
Installing remote driver-monitoring devices telematics in commercial fleets can result in 20 to 30 percent reductions in claims, as well as fuel savings, decreases in fraud, and increases in operational efficiency.
- Focus on Emerging Issues and Risk Management:
Understanding the Impact of the Current Economy on Property/Casualty Risk
By Steve Clarke and Jeff De Turris
How is the recession affecting the risks you assume? And what can you do about the potential exposure that each risk represents?
- The Risk of Doing Nothing
By Marty Ellingsworth
Doing nothing changing nothing in your risk management approach is a losing strategy.
- Underwriting and Risk Management
By Raj Bhat, Ph.D.
When an insurer makes policyholder retention more important than risk management, long-term financial performance suffers.
- Next-Generation Healthcare Analytics for Risk Management
By Deb Bradley
New analytic methods are calling attention to health and wellness rather than disease-specific guidelines and generating novel approaches to value-based medicine, risk management, and care management.
- ISO ERM Forum Brings Together Enterprise Risk Experts from Top Insurers
By Joseph Palmer
ISO sponsors a valuable venue for sharing perspectives on enterprise risk management and for networking with other ERM practitioners.
- Back to Basics: Knowing the Risk
By Bill Foster and Kevin Kuntz
To achieve an underwriting profit, you need to focus on risk selection and proper pricing. In other words know the risk.
- Credit Cycle Risk
By Cecil Rhodes and John Leamons
In view of the events of the last two years, financial firms need to supplement their traditional categories of risk with a new one credit cycle risk.
- Risk Pricing and Mortgage Fraud
By Ann Fulmer
For property/casualty insurers, the ability to spot mortgage fraud before binding coverage is key to assessing risk and determining appropriate pricing.
- Increasing Client Retention through Risk Management
By David Shillingford
For insurers, the idea of rewarding good loss control to retain profitable customers is not new. But a variety of emerging analytics and new techniques now lets you measure the benefits of your reward program faster and more accurately than ever before.