total cost of risk News

Marsh Launches Diagnostic Tool to Estimate Clients’ Total Cost of Risk

Marsh has unveiled a new casualty cost diagnostic tool powered by its analytics that provides clients enhanced awareness of their casualty program costs and trends and shares strategies on how to further control their casualty total cost of risk (TCOR). …

Marsh Rebrands STARS Unit as ClearSight, Integrates Real-Time Analytics

Citing the growing importance of analytics, collaboration and data-driven workflow applications in risk management, Marsh is rebranding its STARS software unit as Marsh ClearSight and broadening its business intelligence capabilities. ClearSight will further integrate its risk, safety and claims management …

Total Cost of Risk Up As Market Firms: RIMS

Businesses paid about five percent more in 2012 than they did in 2011 to cover the total cost of risk. That compares to a rise of only 1.7 percent in 2011, according to the 2013 Risk & Insurance Management Society …

Top 10 Risks Facing Business Leaders

Economic risk is the greatest threat today’s business leaders face, followed by legislative and regulatory changes and increased competition. Business leaders across the globe also emphasized the need to innovate, mitigate technology failure and manage talent to compete in the …