risk management systems News

Could Hurricane Florence Cost Insurers $20 Billion?

Here’s some grim back-of-the-envelope math for insurers: Hurricane Florence may wreak $15 billion to $20 billion in covered losses from wind and coastal storm-surge, if the past is any guide, according to catastrophe modeler Risk Management Solutions. That range is …

Marsh to Sell Risk Management Software Unit ClearSight to Riskonnect

Risk management services company Riskonnect said it has agreed to acquire Marsh ClearSight, a risk, safety, and claims software and services and a business unit of insurance broker Marsh. Terms of the transaction, which is expected to close in the …

The Hartford Launches Risk Management Platform For Large, Midsize Businesses

The Hartford has released a new risk management information system (RMIS) to address the evolving data needs of its largest commercial customers who are most at risk for loss. The new system – TREO | Track Risk. Explore Opportunities. – …

Willis Mining Risk Review Warns Industry Not to Cut Risk Management

Willis Group Holdings recent publication, Mining Risk Review 2014, comments: “With the prospect of rising costs, falling commodity prices and decreased productivity levels, mining companies are embracing cost cutting measures to lay the foundation for long-term business growth. The report …