Risk management has made a paradigm shift to being a cornerstone of sustainable success in our today’s highly dynamic business environment. There are many risks a business may encounter such as operational disruptions, legal liabilities, employee dishonesty and even crimes Read more…
Businesses face many complex risks, and claims management is a key insurance process. Claim management leads to financial security, shields an organization’s reputation, and limits operations’ disruption. But that doesn’t mean claims can’t go wrong — disputes, delays, and financial Read more…
When it comes to purchasing insurance, businesses and individuals often face a crucial decision: a decision on whether to hire an insurance broker or deal directly with an insurance company. The benefits are the same but the drawbacks with both Read more…
Today’s complex business environment is full of risk. There are many things that can severely disrupt operations of a company, mess up a reputation, or put financial stability at risk thanks to market fluctuations and natural disasters. For corporate risk Read more…
The insurance sector and every other segment of the global economy is continuously felled by shifts which unavoidably affect every field at any time. Commercial general insurance is interlinked with economics such that understanding how economic scales up and down Read more…
Ten years ago, the insurance sector is known to have been moving towards a more traditional process. Artificial intelligence (AI), blockchain, are just some innovative solutions redefining how insurers are working, communicating with clients, and providing services. Not only does Read more…
In the current complex and globalized environment, liability insurance remains one of the most important means to minimize the risks of financial losses in connection with possible legal actions. This is true because all industries have their challenges and therefore Read more…
The insurance industry has been a traditionally safe profession for the risk-averse and is changing seismically. Big data and predictive analytics are fueling this evolution, no doubt at the forefront of how insurers can now assess, manage, and mitigate risk. Read more…
Today’s economy is fast, interconnected, and business requires proactive handling of any number of challenges. As globalization, technological changes as well as emerging regulatory frameworks speeds up, companies may need to strike a balance between profit and resilience. Risk management Read more…
Risk management is a key consideration in todays cut throat competitive business environment, to safeguard business operations as well as the organization’s strength to pay. Comprehensive insurance coverage is one of the most effective tools of a company’s risk management Read more…
