Tag: Weather

Compass Group USA Uses Origami Risk to Track Impact of Hurricanes Harvey and Irma

Image from space of Tropical Storm Harvey in the Gulf of Mexico on August 24, 2017

Compass Group USA risk management team acts quickly to collect business interruption and property damage details using audit and workflow tools in Origami Risk. 

In a recent interview, Origami Risk CEO Bob Petrie was asked for his thoughts on the evolution of the RMIS marketplace over the past five years. Petrie cited two factors as key drivers of change in the RMIS market. The first, rapid advances in technology, has allowed RMIS vendors to provide new tools that gives users the ability to “quickly and easily integrate data” and “make full use of mobile technology”. The second driver is an increased focus on risk mitigation. While claims management features have always been a central RMIS systems component, it’s this change that has spurred the development of adaptable “tools to help manage pre-loss processes and streamline workflows, as well as to collect and disseminate critical data.”

The way in which Compass Group USA—a leading foodservice and support services provider with over 200,000 employees—is using Origami Risk in the days and weeks following Hurricanes Harvey and Irma, has served as an example of an innovative and timely use of these tools.

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Severe weather: Top risk for organizations

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I’ll let the scientists of the world argue over whether climate change is driving more frequent and severe weather patterns. What I will argue is that any organization that is unprepared for severe weather events—regardless of frequency—is putting its business on the line.

Plenty of recent reports, like the World Economic Forum’s Global Risks Report 2016, have indicated severe weather should be a concern for organizations. The business risks are many, but commonly come in the form of costly property damage and halted business operations. To overcome these challenges, an organization must proactively manage risks and promptly handle claims resulting from severe weather.

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