One of 2020’s biggest lesson is need for continuous risk monitoring.

2020 has taught that point in-time assessments for monitoring risk is too static for effective risk management. Instead, “effective risk mitigation required continuous monitoring and risk intelligence.” Maptycs users harness the platform’s automated real-time risk monitoring and notification systems to continuously stay prepared and quickly respond to developing events. Connect with our team to see…

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New RIMS report highlights renewed investment in Enterprise Risk Management

As RIMS’ recent report underscores, “The COVID-19 pandemic highlighted the interdependencies of risk throughout an organization’s ecosystem.” With the renewed focus and investment on enterprise risk management, organizations must continue this momentum to ensure business continuity and proactive risk management strategies for the long-term. #risktech #insurtech #riskmanagement #climaterisk #propertyandcasualty

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Fed. Reserve official provides strong message on need for better climate risk reporting and monitoring.

Against the backdrop of severe weather events in Texas, Federal Reserve official Lael Brainard provided a strong statement on climate risk reporting and analysis: “Financial institutions that do not put in place frameworks to measure, monitor, and manage climate-related risks could face outsized losses on climate-sensitive assets caused by environmental shifts.” Risk and insurance professionals…

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