How much did the average Canadian risk manager earn in 2021?
February 1, 2022 by Alyssa DiSabatinoCanadian risk managers experienced an average 18.8% salary increase in 2021 from two years prior — and women Canadian risk professionals saw an even bigger jump — according to a recent Risk Management Society (RIMS) survey. The 2021 Risk…
How the hail peril is changing
September 8, 2021 by Jason ContantOnce confined mostly to “hail alley” regions such as south and central Alberta, Texas and Colorado, hailstorms are now doing damage across North America in plenty of regions considered low-risk, says a new white paper from RIMS, the risk management…
How to prevent a minor loss from turning into a huge claim
May 3, 2021 by Adam MalikAlthough American inventor and Founding Father Benjamin Franklin was not referring to insurance when he penned the famous words “time is money,” today’s risk managers should take the expression to heart if they wish to reduce their companies’ claims costs.…
Risk managers’ takeaway from COVID-19: Yes, it can happen to us
April 23, 2021 by Adam MalikThe global COVID-19 pandemic has taught risk managers to be prepared for any threats, no matter how unlikely or far-fetched they may seem, industry experts said at a RIMS conference webinar panel. The risk of a pandemic has been on…
Head of Airbnb insurance to lead RIMS in 2020
January 2, 2020 by Adam MalikLaura Langone, head of insurance operations at online rental marketplace Airbnb since April 2019, is now president of the Risk and Insurance Management Society (RIMS). The organization announced Thursday her 12-month appointment, effective immediately. She succeeds Gloria Brosius. Daring to…
What risk managers want from their brokers
September 26, 2019 by Adam MalikAs the market transforms, risk managers are looking for their brokers to keep them up to speed on market dynamics and why they are happening, a panel discussion said. Times are more challenging for everyone in the insurance industry, which…
What risks are most worrying?
September 23, 2019 by Adam MalikWhile it feels like cyber threats have been around for some time, they’re still at the top of the list of emerging and ongoing risks for some industry professionals. But there are others that are grabbing the attention of insurance…
How should you approach risky projects?
September 19, 2019 by Adam MalikDebating on taking that risky project others seem to be shying away from? One insurance leader believes you should jump all over it. There was a point in her career when people told Christine Lithgow to not take on a…
She captured women’s feelings in the workplace with this response
September 16, 2019 by Adam MalikChristine Lithgow had one simple response to her employer when they offered her a position that was junior in comparison to the one she left six years prior after the birth of her first child. “I had to remind them:…
Will we ever see another hard market again?
June 27, 2018 by David GambrillIs the traditional hard market “broken”? Insurance pricing cycles have all but evaporated over the past decade, with premium rates during this period showing an overall decline. The trend is illustrated once again in the 2018 Risk and Insurance Management…
The meeting that every risk manager should have
March 6, 2018 by Greg MeckbachRisk managers concerned about insurance exclusions should consider asking their brokers to brief senior managers explaining what exactly the insurance covers and what it excludes, a Willis Towers Watson executive advises. Steve Sachs, co-chair of the Willis Towers Watson Real…
Speak the language of senior execs, risk managers advised
March 6, 2018 by Greg MeckbachSuccessful risk managers know how to speak the language of senior executives, which is much different than the language of their peers, say two presenters scheduled to speak at next month’s RIMS conference in San Antonio. “Risk managers, when they…