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 different … 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
5 Tips for Softening the Blow of a Personal Lines Hard Market May 22, 2024 By Origami Risk The U.S. property and casualty insurance industry has endured an unyielding hard market across business lines for several years. Strict underwriting rules and high rates continue to prevail thanks to obstacles like supply chain snags, high cost of goods and workers, catastrophic claims, and the rise in nuclear verdicts. The impacts of the hard market … Continued
Using the 2024 RMIS Report in the Search for the Right Risk Technology Partner May 13, 2024 By Origami Risk When it comes to selecting the right risk management technology solution, the journey begins with understanding what’s available. From the features and functionality to the level of support providers offer, an objective comparison is helpful. The 2024 RMIS Report serves as an excellent starting point for risk professionals looking to explore new technologies — whether … Continued
Transforming Healthcare Risk Management: Insights from Advocate Health’s Journey May 7, 2024 By Origami Risk In healthcare, where the stakes are high and the margin for error is slim, the adoption of transformative risk management practices is not just a necessity but a strategic imperative. Recently, Elsie Lindgren, RN, BSN, CPPS and current VP of Patient Safety at Advocate Health, sat down with Anooja Cannon, MS, CPHQ, of Origami Risk, … Continued