Navigating Complexity: Tactics and Tools for Effective Healthcare Risk Management September 4, 2024 By Origami Risk As healthcare organizations face many interconnected risks, the need for effective risk management strategies and supporting technology has never been more critical. Taylor Potoczak, Director of Enterprise Risk Insurance at Cleveland Clinic, and Anooja Cannon, Senior Healthcare Market Strategy Lead at Origami Risk, recently explored this topic in a webinar titled “Navigating Complexity: Tactics and … Continued
Modernizing Policy Management: The Urgent Need for Automation August 23, 2024 By Origami Risk Effective policy management is critical to maintaining organizational integrity, compliance, and operational efficiency. Yet, many organizations remain trapped in outdated, manual processes that create a mess of confusion, inefficiency, and risk. The reliance on documents, spreadsheets, emails, and scattered policy portals, websites, and file shares not only hampers back-office functions responsible for managing policies but … Continued
Speed to Market: The New Imperative in Insurance August 20, 2024 By Origami Risk This article was originally published on the Dais website as part of the “Lessons from the Frontlines of Innovation” series. Speed to market is a must. The race is on as innovative insurers strive to outpace their competitors, recognizing that the first to market often reaps the biggest rewards and delays of just a few months can … Continued
Making the Leap to Integrated Risk Management: 3 Steps to Implementation August 5, 2024 By Origami Risk In an increasingly complex and interconnected world, too many risk and safety teams continue to function with siloed data, systems, processes and operations. Without cohesion between risk management and safety teams, organizations miss out on a single source of truth that enables fully informed risk management decision-making for all parties. Public entities that use … Continued
Evaluating and Mitigating Third-Party Risks Post CrowdStrike Incident August 2, 2024 By Origami Risk In mid-July 2024, a significant software update issue from CrowdStrike led to widespread disruptions, notably impacting healthcare systems. The incident underscores, yet again, the critical need for robust Governance, Risk, and Compliance (GRC) strategies that anticipate and mitigate risks associated with third-party software. Here’s a look at what happened during this incident and how GRC … Continued
ERM 101: The Basics of Enterprise Risk Management June 13, 2024 By Origami Risk When a manufacturing company suddenly faces a significant supply chain disruption due to a natural disaster in a critical supplier’s region — without a robust risk management strategy — they must scramble to find alternative suppliers, which leads to production delays, increased costs, and dissatisfied customers. Now, consider the same scenario with an effective Enterprise … Continued
Client Q&A – Julie Bean, RIMS 2024 Ron Judd Heart of RIMS Award Recipient June 12, 2024 By Origami Risk Each year, RIMS, the risk management society® ️bestows the Ron Judd Heart of RIMS award in recognition of a RIMS member whose volunteer contributions have played a major role in keeping the society vibrant and resilient. This year’s recipient is Julie Bean, Head of Risk Management at Chamberlain Group. As a follow up to a … Continued
4 Mindful Driving Practices: A Win-Win for Insurers and Insureds May 29, 2024 By Origami Risk In today’s economy, both insurers and insureds experience the negative impact of the high cost and lengthy repair times for cars after an accident. According to The New York Times article Why Car Repairs Have Become So Expensive, repair costs have increased 36% since 2018. This is due in part to newer vehicles’ sophisticated, computer-based … Continued
Origami Risk Recognized for Strengthening Operational Resilience by Independent Research Firm May 28, 2024 By Origami Risk Imagine your business is facing a sudden disruption — a cyberattack, a natural disaster, a critical system failure. How quickly could you bounce back? Operational resilience is the key to weathering these storms. It’s about ensuring your business is prepared and can continue operating efficiently, even amidst unexpected challenges. In the 2024 Verdantix Smart Innovators: … Continued
Centralizing Driver Qualification Files in Origami Risk May 24, 2024 By Origami Risk Written By: Michelle Huizenga After partnering with risk and safety managers responsible for fleet management at client organizations across a wide array of industries, we’re excited to announce the launch of our Driver Qualification File (DQF) functionality. We’ve found that risk managers, safety managers, HR, and operations managers must often resort to manual, repetitive tasks … Continued