Everest Group

NOVEMBER 28, 2023

The Managing General Agent (MGA) sector is a bright spot in a turbulent insurance market. Technology investments and strategic partnerships will be key to redefining risk and driving innovation for these specialized insurance agents/brokers. The data provides a compelling sense that MGAs have a bright future ahead.

Insurance 147

Insurance Service Co-Sourcing Analytics 147

Risk Guide

JANUARY 22, 2022

This is the longer version of an article I had published by Strategic Risk Magazine recently which can be found here: Strategic risk article. A few years ago I was asked by Strategic Risk Magazine to record a short video on what I would like to see change and improve in the Risk Management Profession.

Risk Management 52

Risk Management Risk Management Management Jobbing 52

IBM Services

DECEMBER 4, 2023

IBM can help insurance companies insert generative AI into their business processes IBM is one of a few companies globally that can bring together the range of capabilities needed to completely transform the way insurance is marketed, sold, underwritten, serviced and paid for.

Insurance 56

Insurance Cybersecurity Risk Management Risk Management 56

Avasant

FEBRUARY 1, 2021

Covid Accelerates Digital Disruption And Innovative Business Models In The Insurance Sector. C hanging risk landscape s and worsening loss ratios are shifting the role of insurance companies from risk mitigation to risk prevention. Press Releases. Los Angeles, January, 2021.

Insurance 52

Insurance Risk Management Risk Management Manufacturing 52

SIG Speaks

SEPTEMBER 17, 2021

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Kyle Brown discusses the value proposition and responsibilities for the key players in an effective third-party risk management program. Each business unit owns the risks associated with the contracts they decide to enter into.

Risk Management 40

Risk Management Risk Management Management Shared Services 40

Capgemini

OCTOBER 30, 2024

They highlighted how data, artificial intelligence, and collaboration will be critical for setting and achieving environmental, social, and governance (ESG) goals in the financial sector. They touched upon reporting, risk management, growth, innovation, and much more. What follows are key takeaways from the panel.

Banking 52

Banking Service Insurance Finance 52

IBM Services

MARCH 20, 2024

This is evident from emerging regulatory requirements and expectations in UK (Bank of England’s Critical Third-Party regime), Europe (Digital Operational Resilience Act)), Australia (APRA CPS-230 Operational Risk Management) and Canada (OSFI – Operational Resilience and Operational Risk Management), etc.

Cybersecurity 78

Cybersecurity Regulations Banking Risk Management 78

inDinero

AUGUST 21, 2024

Cash Flow Management: Implement strategies to optimize cash flow, considering construction projects’ unique payment cycles and capital requirements. Risk Management: Identify, assess, and mitigate financial risks specific to the construction industry, including contract risks, bonding requirements, and insurance considerations.

Regulations 105

Regulations Finance Accounting Jobbing 105

Groove Technology

MARCH 14, 2022

Additionally, by collaborating with out-staffing organizations, your human resources department may be able to focus on more critical issues. Businesses that seek and hire their personnel must manage their employees daily and provide them with all the essential equipment and software. Management hurdles. Inefficient workflows.

Outsourcing 130

Outsourcing Administrative Human Resources Software 130

Groove Technology

SEPTEMBER 26, 2024

Eliminating employee benefits costs: When outsourcing, companies don't need to pay for employee benefits, health insurance, paid time off, and other perks associated with full-time employees. Improves Risk Management Outsourcing can be a powerful risk mitigation strategy.

Software 130

Software Outsourcing E-Commerce Reduced Overhead 130

Paysquare

JUNE 30, 2024

The PEO service provider manages a variety of employee-related tasks on behalf of the firm. When a company provides PEO services to its client, it enters into a strategic relationship and assumes major HR duties like risk management, employee benefits administration, payroll processing and regulatory compliance.

Payroll 52

Payroll Administrative Right-Sizing Regulations 52

Neo Group

SEPTEMBER 24, 2020

In this panel, leaders from the financial and insurance sectors discuss how regulations and compliance have to increasingly be included in ongoing governance. John Bree will also be moderating a Risk Management Panel on Third-party COVID-19 Disruption. . No industry is immune to it.

Government 52

Government Co-Sourcing Advisory Regulations 52

Capgemini

NOVEMBER 30, 2022

The banks and insurers don’t have a choice but to start to collaborate,” Parmar says. “So, By procuring data from a variety of sources, they can enrich their own data and improve in areas like risk management. So, the desire is there to grow and reach new prospects and clients and to service them better.

Service 52

Service Finance Risk Management Risk Management 52

SIG Speaks

NOVEMBER 4, 2022

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Jamie Huntington shares her thoughts on why Due Diligence is so essential in the third-party risk management process. These contractors' safety, insurance, judgments, and environmental practices were evaluated.

Risk Management 40

Risk Management Risk Management Government Insurance 40

Capgemini

OCTOBER 10, 2024

Transforming business security: Google Cloud Platform’s “shared fate” approach Unlike other hyperscalers that provide customers with security components but let them assemble these themselves—often leading to errors— Google Cloud Platform (GCP) adopts a more collaborative approach with its clients.

Insurance 52

Insurance Regulations Government Manufacturing 52

Perficient Digital Transformation

MARCH 19, 2024

Risk management, data access controls, and continuous monitoring and logging are likely on your checklist. That open dialog and collaborative approach can create powerful change advocates who rally the adoption of digital investments, such as smart automation , trusted data , and connected experiences. Focus on health equity.

Healthcare 52

Healthcare Insurance Cybersecurity Collaborations 52

Perficient Digital Transformation

JANUARY 30, 2024

I see the Risk & Regulatory Center of Excellence playing a crucial role in enhancing client satisfaction in a variety of ways: Expertise and Specialization: The CoE is a team of experts who specialize in risk management and regulatory matters. Improved collaboration can lead to an integrated approach to client service.

Risk Management 52

Risk Management Risk Management Collaborations Accounting 52

Paysquare

AUGUST 7, 2023

Evaluate their technological capabilities, security protocols, and communication channels to ensure smooth collaboration. Utilize various means of communication like video conferences, emails, and project management tools to ensure clarity and transparency. Clearly document accounting procedures, workflows, and reporting requirements.

Accounting 52

Accounting Outsourcing Collaborations Out-Tasking 52

SIG Speaks

AUGUST 24, 2023

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Steve Williams provides a look through Johari’s Window, and how knowing what we know and don’t know can unlock our understanding of a company’s risk profile while supporting it through negotiated contracts and governance.

Government 40

Government Risk Management Risk Management Cybersecurity 40

SIG Speaks

DECEMBER 7, 2023

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Jessica Mckenzie provides an exceptional and readable display of the topics covered, making this complex topic accessible for practitioners and novices, and shares her common sense advice with risk professionals.

Risk Management 40

Risk Management Risk Management Research Insurance 40

Infosys Consulting

FEBRUARY 23, 2023

For example, to unlock funds, certain firms would prefer to directly share information with their investors, creditors, and insurers. This valuable channel opens new opportunities for asset managers. Cloud hyperscalers are already offering data standardization services to process ESG data.

Advisory 52

Advisory Sourcing Banking Analytics 52

Planergy Software

MARCH 24, 2022

They also include performance expectations, data breach management details, compliance requirements, and corresponding penalties for failure to operate within those confines. Your contract should also include information-sharing expectations so that you can effectively work collaboratively with your vendors.

Management 52

Management Insurance Supply Chain Management Right-Sizing 52

Perficient Digital Transformation

MAY 27, 2022

This piece was written in collaboration with Chandni Patel, Director of Financial Services and member of Perficient’s Digital Assets Working Group. Maintaining a service provider oversight program to address risks to service provider relationships.

Regulations 78

Regulations Management Banking Sales 78

Obobo

MARCH 19, 2023

Relationship management involves developing and maintaining strong relationships with all parties involved in the contract, including contractors and suppliers, to ensure open communication and collaboration throughout the contract lifecycle. Here are five best practices for effective post-award contract management: 1.

Management 40

Management Risk Management Risk Management Government 40

NoonDalton

JUNE 12, 2023

However, it’s crucial to distinguish between collaborating with an established outsourcing provider and relying on an independent freelancer. Opting for a reputable provider with defined structures and clear guidelines can significantly mitigate risks and enhance the overall success of outsourced projects.

MicroSourcing 52

MicroSourcing Offshoring Outsourcing Flexibility 52

Obobo

MARCH 19, 2023

Moreover, contract management facilitates communication and collaboration between organizations and suppliers, leading to successful partnerships and mutual benefits. How to Implement Contract Management in Procurement? This helps ensure that both parties meet their contractual obligations before starting the work.

Management 40

Management Reduced Costs Risk Management Risk Management 40

SIG Speaks

MAY 2, 2022

On May 4 Brian Roche, CPO from Westfield Insurance, will deliver an exciting keynote session on the potential for AI in procurement at the May CPO & Executive Virtual Series. He will be followed by Karen Coker, Director of Third Party Risk & Vendor Management at LendingPoint for A Day in the Life presentation.

Sourcing 40

Sourcing Finance Shared Services Sales 40

TMS

FEBRUARY 22, 2023

ScaleFocus has experience with the Telcom, Banking, Finance, and Insurance fields. One of their main design philosophies is absolute transparency and customer collaboration. But the list continues into the Healthcare, Logistics, Governmental, and Education industries. Their skills range from idea analysis to web design itself.

IT Outsourcing 52

IT Outsourcing Outsourcing Service E-Commerce 52

Capgemini

FEBRUARY 18, 2025

They highlighted how data, artificial intelligence, and collaboration will be critical for setting and achieving environmental, social, and governance (ESG) goals in the financial sector. They touched upon reporting, risk management, growth, innovation, and much more. What follows are key takeaways from the panel.

Service 52

Service Banking Insurance Finance 52

Capgemini

NOVEMBER 18, 2024

Navigating Transformation: Key priorities for Insurance CFOs in an evolving sector Amit Bhaskar Nov 07, 2024 With rising customer awareness of risks and pricing, insurers are prioritizing engaging experiences with differentiated products, and need CFOs to become more open, accurate, responsive, transparent, and efficient.

Insurance 52

Insurance Finance Analytics Risk Management 52

Perficient Digital Transformation

DECEMBER 11, 2024

healthcare insurance industry stands at a pivotal moment. Generative AI (GenAI) offers a transformative pathway, enabling payers to transition from reactive cost management to proactive health enablement and strategic value creation.

Healthcare 52

Healthcare Insurance Government Analytics 52

Capgemini

JANUARY 22, 2025

Banking, asset management, and insurance companies are facing increasing financial risks due to climate change. Understanding climate shifts has become essential to assessing their financial impacts, and the physical risk on banking and insurance portfolios.

Co-Sourcing 52

Co-Sourcing Banking Risk Management Risk Management 52

Perficient Digital Transformation

FEBRUARY 27, 2025

By embedding payment, lending, and insurance services into apps and websites, non-financial companies are able to offer financial products directly to their customers. These steps include identifying strategic partnerships and collaborating with fintech companies and non-financial platforms that align with their goals.

Banking 52

Banking Finance E-Commerce Risk Management 52

Perficient Digital Transformation

MARCH 17, 2025

AI-powered chatbots can handle routine inquiries, freeing human agents for complex issues, while AI-driven algorithms enhance fraud detection and risk management. User research and behavioral analytics can define and optimize the user journey , supporting meaningful hyper-personalization at each touchpoint.

Service 52

Service Finance Analytics Banking 52

Capgemini

NOVEMBER 18, 2024

As banks and insurance companies navigate an increasingly competitive and complex business landscape, harnessing the power of Gen AI can unlock significant business value. Governance and trust: Creating robust governance frameworks helps organizations maximize AI’s potential while mitigating risks.

Service 52

Service Co-Sourcing Insurance Government 52