Risk Management

As COVID-19 has shown, society has developed in such a way that the impacts of past events are no longer a certain guide for the future.

A key question as COVID-19 leads to layoffs: What if the people being let go are the only ones at the company who can do what they do?

If you are spending a fortune on controls and the digging of trenches for your lines of defense… fear no more!

The only way forward is building an effective risk culture and teaching everyone in the company radical risk management skills.

Fines and remediation standards are on the increase, so environmental management should be a boardroom priority.

Before 2020, did any auditor or risk manager ever mention a pandemic risk to any regulator, carrier, prospect or client?

In this week's Six Things, 'Fake News' reaches risk management. Plus, creating the future of distribution; how to evaluate AI solutions; you can still have personal interactions; what my $18,289 medical bill says; and more.

Communicating risk with data will start shifting your work culture to predictive risk management, but don't forget the human element.