How Healthcare Organizations Can Use Data to Take Control of Risk Financing September 5, 2025 By adrian Medical liability insurance premiums continue to climb nationwide for the sixth consecutive year. According to the American Medical Association’s Policy Research Perspectives Report1, nearly 50% of reported premiums rose in 2024 — up dramatically from just a 13.7% in 2018. Some states face especially steep hikes, such as Hawaii (50%), Pennsylvania (49%), and Montana (33%), … Continued
Trust as a Workflow: How Risk Technology Supports CANDOR in Healthcare September 2, 2025 By adrian Consider this scenario: A patient in a busy ICU receives the wrong medication dosage due to a mislabeled syringe. The error is caught, and the patient stabilizes, but the event sets off a cascade of uncertainty. Nurses hesitate to document what happened, unsure if they’ll face blame. Risk management isn’t notified until hours later. When … Continued
The 80/20 Advantage: Accelerating Insurance Transformation with the Right Balance of Standards and Custom Configuration August 6, 2025 By adrian It’s an all-too-common scenario: A mid-sized regional insurer recognizes that their legacy system is holding them back. Customer expectations are evolving while internal processes are lagging, and the pressure to digitize has shifted from someday to right now. So, when leadership greenlights a major platform transformation, the mood is optimistic. The vendor they select promises … Continued
Top 5 OSHA Violations in Manufacturing July 23, 2025 By adrian We examine the top Occupational Safety and Health Administration (OSHA) violations in the manufacturing sector for 2024 and how investing in the right technology can help your organization prevent future violations. If you’re like most risk and safety professionals, you keep an eye out for the annual release of the list of the top OSHA … Continued
The First-Mover Advantage: Here’s How to Jump Start Your P&C Digital Transformation July 15, 2025 By adrian From evolving customer expectations to emerging risks and economic uncertainty, rapid industry change has left P&C insurance organizations facing a pivotal question: Are we adapting fast enough? For many carriers, MGAs, TPAs, and risk pooling entities, the answer lies in how they approach digital transformation. While some are cautiously waiting on the sidelines, others are … Continued
How to Close the Gap Between Risk Assessment and Risk Reduction July 11, 2025 By adrian It’s a common scenario: a safety walk is completed, hazards are documented, and risks may even be scored for severity. The risks are identified, but then what? Too often, that’s where the process stops. Observations are filed away in spreadsheets or siloed systems with no clear next steps. There’s no ownership, resolution timeline, or … Continued
Is Your Core Insurance Technology an Asset or Liability? July 10, 2025 By adrian For your insurance business to stay competitive, your core technology should be a strategic asset in addition to being functional. But for many insurers, legacy systems are doing the opposite: draining resources, limiting agility, and slowing innovation. So how can you tell whether your core platform is helping you grow or holding you back? The … Continued
Taking the Lead: How to Measure Success with a New PAS July 1, 2025 By adrian Many underwriters today know they need a modern policy administration system (PAS) to evaluate complex risks and improve the customer experience. But they also know that just as important as successfully implementing a PAS is proving its worth over time. How do you measure the success of a new PAS? What are the key performance … Continued
Integrating Third-Party Cyber Risk into Your Governance Framework July 1, 2025 By adrian As businesses increasingly rely on vendors, contractors, and service providers, each connection introduces potential entry points for cyber threats. While internal cybersecurity measures like firewalls and employee training are essential, they often overlook the risks posed by external partners and the governance challenges they create. According to a report by Imprivata and the Ponemon Institute, … Continued
How to Preserve Institutional Knowledge with a Modern Core System July 1, 2025 By adrian As the insurance industry braces for a wave of retirements, it’s facing a critical shortage of specialized talent in underwriting, claims, and technology. These highly skilled roles are projected to demand the greatest growth over the next 12 months, but it may go unmet as a shrinking candidate pool struggles to replace the decades of … Continued