Latest Risk Management Headlines
All the headlines from our Risk Management Topic Page, ordered by recency.
Risk Modeling Firm Verisk Cancels Live Event Over Virus, Goes Virtual for Cyber Seminar
Mar 4 2020 // Insurance data analytics and risk modeling firm Verisk has converted its Cyber and Casualty Seminar scheduled for March 10 in New York City from an in-person to a free virtual event “out of an abundance of caution...
Missouri’s POWERS Insurance & Risk Management Launches Surety Bonds Division
Feb 25 2020 // St. Louis, Missouri-based POWERS Insurance & Risk Management has opened a new division: POWERS Surety Bonds. The new national division will focus on bond products and services for all surety programs to help safeguard...
RIMS Workshop at University of Southern California Drawing Broader Insurance Professional Audience
Feb 18 2020 // A risk professional is no longer merely someone who just focuses on protecting assets, according to Ward Ching, a managing director of the Western region at Aon. Ching not only sees a growing need for risk professionals to...
Gaining a Risk Manager Seat at Technology’s Table: Interview with RIMS Leader Langone
Feb 11 2020 // The culture at technology startups like Uber, Airbnb and PayPal is all about risk-taking. They start by offering a unique, untested or reimagined product or service or by disrupting an industry’s established...
Iowa’s LMC Insurance & Risk Management Teams Up with AssuredPartners
Feb 10 2020 // LMC Insurance & Risk Management, headquartered in West De Moines, Iowa, has joined Florida-based AssuredPartners Inc.’s national broker team. LMC’s operations consist of 290 dedicated employees who will...
Take a ‘Deep Dive’ Into the Nonprofit Sector: Nonprofits Treading Water as Market Hardens
Feb 10 2020 // The task of insuring nonprofit organizations is a complex one and agents, brokers, underwriters and carrier representatives say that in order to fully serve those entities that serve our communities in myriad ways,...
How Brokers Stay Relevant? Be Nimble With Your Value Props
Feb 10 2020 // Commercial brokers, the future is bright. As you contend with an increasingly automated, digitally-enhanced insurance industry, rest assured your expertise remains valuable for your clients. That is, if you can adapt to...
Risk Strategies Acquires Transport Risk Management in Colorado
Feb 4 2020 // Risk Strategies has acquired Transport Risk Management Inc. in Denver, Colo. Terms of the deal were not disclosed. Risk Strategies is a privately held, national insurance broker with offices across the country. Transport...
Selective Insurance Launches Agency Management Collegiate Competition
Feb 3 2020 // Teams of students from seven universities throughout the U.S. today begin a month-long collegiate competition in which they will run virtual insurance agencies in a computer-simulated environment. The competition, called...
Major Cyber Attacks of 2019 Seen via Infographic from Cyber Risk Modeling Firm Kovrr
Jan 23 2020 // With the number of cyber attacks on the rise, it’s natural to think that this increase of cyber attacks is due to new actors and technological developments, said Yakir Golan, the CEO of Kovrr, the Tel Aviv-based...
Aspen Risk Management Group in California Acquired by TRISTAR
Jan 15 2020 // TRISTAR Insurance Group Inc. has agreed to acquire San Diego, Calif.-based Aspen Risk Management Group. Terms of the deal were not disclosed. All Aspen employees will continue operating out of the existing locations under...
Nonprofit Opening Flood Risk Model to Researchers and Public
Jan 14 2020 // A nonprofit flood risk research organization is offering the first publicly available flood risk model that predicts the probability of flooding for homes and properties across the United States. Brooklyn, N.Y.-based First...
Gallagher Buys 60% Stake in Caribbean-Based Broker, Risk Management Services Ltd.
Jan 13 2020 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced it has acquired a 60% interest in Caribbean insurance broker Risk Management Services Ltd. (RMS). Terms of the transaction were not...
Big I Education Director Boggs Takes on Expanded Role in Risk Management
Jan 8 2020 // Chris Boggs, executive director of education for the Independent Insurance Agents and Brokers of America (Big I), is adding risk management to his title and responsibilities. Boggs’s new role combines his current...
Airbnb Insurance Leader Langone Becomes RIMS President for 2020
Jan 2 2020 // The risk management society, RIMS, announced that Laura Langone, head of Insurance Operations at Airbnb, Inc., will lead the association as president for the 2020 term. As president, Langone is succeeding Gloria Brosius,...
New Hampshire’s Optisure Risk Partners Hires Five
Jan 2 2020 // Optisure Risk Partners has hired five individuals as the company continues its growth trajectory. Three new producers joined the organization: Heather Galloway Heather Galloway joined Optisure as a sales executive and...
New Years Eve – Some Risk Management Thoughts
Jan 1 2020 // On this first day of the year, I think it’s time to introduce a new seasonal them; the holiday risk management edition. Last night, people celebrated the New Year in all of the traditional ways. One of those...
POWERS Insurance & Risk Management Adds Pallarito as Personal Lines Manager
Dec 31 2019 // St. Louis, Missouri-based POWERS Insurance & Risk Management has hired Kathy Pallarito as a personal lines manager. Pallarito has over 25 years of sales, customer service, and marketing experience in the insurance...
Underwriters and Insureds Taking Harder Look at Commercial Property Risks
Dec 24 2019 // Commercial property underwriters are adjusting to a market defined by rising catastrophe losses and dwindling profits. From increasing rates and higher deductibles to fewer classes of business and stricter underwriting,...
AXA XL, Slice Labs, Microsoft to Offer Cyber Risk Management Tools
Dec 23 2019 // AXA XL, the p&c and Specialty Risk Division of global insurer AXA, Slice Labs Inc. (Slice), an on-demand insurer of cloud technology, and Microsoft will work together to help improve cyber health and mitigate risks for...
