Latest Risk Management Headlines

All the headlines from our Risk Management Topic Page, ordered by recency.

People

Sep 4 2017 // Optisure Risk Partners, a Manchester, N.H.-based insurance broker, has hired Randy Eifert as senior vice president of its Private Client Group and as Risk Management Practice leader.Eifert will provide executive leadership...

Lessons Learned from Hurricane Andrew

Sep 4 2017 // How the Insurance Industry Can Mitigate the Next Big Natural DisasterAs an industry, we knew there could be large and costly hurricanes. We witnessed the destruction that Category 5 Hugo wrought on the Carolinas in 1989....

Chubb Broadens Cyber Enterprise Risk Management Products

Sep 1 2017 // Chubb has broadened its enterprise risk management options for Chubb commercial cyber policyholders in the United States and Canada.Two new policy forms, Cyber Enterprise Risk Management (Cyber ERM) and DigiTech Enterprise...

Arkema Plant Fires Underscore Chemical Industry Risk Management Challenge

Sep 1 2017 // In its devastatingly slow crawl up the industrial Gulf Coast, Hurricane Harvey is proving to be the biggest test yet of the safety and vulnerabilities of the U.S. chemicals industry.A Houston-area chemical plant was hit by...

Davis Named Operations Director at Powers Insurance and Risk Management

Aug 29 2017 // St. Louis Missouri-based POWERS Insurance and Risk Management and sister company Valley Insurance Agency Alliance (VIAA) has named Tim Davis as director of Operations for both firms.Davis will oversee both administrative...

Risk Managers Prefer Standalone Cyber Policies: RIMS Survey

Aug 25 2017 // According to the 2017 RIMS Cyber Survey, risk professionals’ continued to show preference for standalone cyber insurance policies as the number of practitioners who purchased the coverage increased moderately in...

Verisk to Acquire Bankruptcy Data and Risk Management Firm LCI

Aug 24 2017 // Verisk Analytics Inc. has agreed to acquire LCI, a provider of bankruptcy risk prediction and management tools for banks and creditors.When the transaction is complete, LCI, based in Burlingame, California, will become...

Missouri Agency Changes Name to Reflect Focus on Risk Management

Aug 23 2017 // St. Louis, Mo.-based Powers Insurance and Benefits recently changed its name to Powers Insurance & Risk Management.Founded in 1991, the company is one of the largest family owned and operated independent insurance...

101 Sales, Marketing & Agency Management Ideas

Aug 21 2017 // 1. Dare to Break the Mold. We tend to hit a sweet spot of what works for us in agency management and stay there, focusing on the “sexier” sales side of the business. It’s fine to keep what works, but...

eServices adds Matt Light and Rob Ninkovich to Lineup of Keynote Speakers at the 2017 Risk Management Summit

Aug 17 2017 // Peabody, MA, August 17, 2017 – eServices, a specialized platform focused on providing turn-key risk management, claims, marketing, and technology solutions through its various entities, adds Matt Light and Robert...

eServices Partners with Insurance Journal for the 2017 Risk Management Summit

Aug 7 2017 // Peabody, MA, August 7, 2017 – eServices, a specialized platform focused on providing turn-key risk management, claims, marketing, and technology solutions through its various entities, is pleased to announce that...

People

Aug 7 2017 // Ron Lockton, who has served as vice chairman of global insurance broker Lockton Inc. for the past two years as part of the succession plan, is expanding his role to become president and chief executive officer of the...

New Hampshire’s Optisure Risk Partners Hires Eifert

Aug 3 2017 // Optisure Risk Partners, a Manchester, N.H.-based insurance broker, has hired Randy Eifert as senior vice president of its Private Client Group and as Risk Management Practice leader.Eifert will provide executive leadership...

Pennsylvania’s KMRD Partners Hires Salmon to Risk Management Team

Jul 28 2017 // KMRD Partners, a Warrington, Penn.-based boutique risk management and human capital solutions firm, has hired Kirk Salmon to its risk management team.As a sales and relationship manager, Salmon will work closely with...

Langlinais Joins Crystal & Company in Houston Risk Control Unit

Jul 17 2017 // Crystal & Company has hired Steven Langlinais as a director in its Risk Control department. He is based in Houston.Langlinais will focus on analyzing clients’ workplaces and developing their safety management...

Insurance Underwriters See Risks, Opportunities in Speeding Up Infrastructure Projects

Jul 14 2017 // “We’re going to cut a lot of red tape,” President Trump said at a CEO town hall meeting as he unrolled a long, colorful flow chart showing the process required for a state government to obtain the federal...

China Regulators End Insurer Deal Spree, Favoring Risk Managers, over Risk Makers

Jul 14 2017 // The revolution in China’s insurance industry that helped unleash about $80 billion of acquisitions started with a whimper and ended with a bang.With little fanfare, China’s top insurance official, Xiang Junbo,...

FERMA European Risk Management Certification Available Online

Jul 13 2017 // The Federation of European Risk Management Associations (FERMA) announced that its European Certification program is now available online. The first online examinations will start in September.“This is a major step...

RMS Launches New Models for Tropical Cyclone & Earthquake in Asia Pacific

Jul 12 2017 // RMS, the Newark, Calif.-based risk modeling and analytics firm, has introduced typhoon models for wind and flood for South Korea and Taiwan, plus four new earthquake models for Singapore, Malaysia, Thailand and...

Risk Management Process for Insurance Professionals

Jul 12 2017 // What does a risk manager do? Very simply, a risk manager improves the bottom line by making risk less risky. Maybe that doesn’t make as much sense as I thought it did. Let me back up a step and give you a working...