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MexiPass is the leading MGA, Underwriting Manager & Risk Management Solutions provider for risks of American entities in Mexico.
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RIMS donates $30,000 to risk management resource organization McGannon Foundation
Canadian Underwriter    Share    Share on FacebookTwitterShare on LinkedinE-mail article
RIMS, the Risk Management Society, has donated $30,000 to The William H. McGannon Foundation, a charitable nonprofit organization that provides funding and resources to support the advancement of the risk management and insurance professions in Canada. The donation was presented at the McGannon Foundation's 10th Anniversary Luncheon in Toronto by RIMS Executive Director Mary Roth. "RIMS' mission is 'to advance risk management for your organization's success' and contributing to charitable organizations like McGannon Foundation is key to ensuring that our profession continues to thrive," she commented in a statement. "RIMS believes that this support is crucial and we're delighted to be able to provide it." More



Natural disasters and emergencies: Is your small business prepared?
Forbes    Share    Share on FacebookTwitterShare on LinkedinE-mail article
From natural disasters like Hurricane Sandy to common theft and hardware malfunctions, small businesses are particularly vulnerable in times of crisis. "Disasters can wipe out a small business in seconds," said the U.S. Small Business Administration. Yet small businesses are often the most unprepared for emergencies. More

Win more construction and project bids with risk management
Buildings    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Conducting risk analysis before submitting a bid on a new project does more than save your team time, effort and resources down the line. Risk analysis can make the difference between winning and losing profitable projects. More

Reduce Your Electrical Safety Risk

AVO® Training Institute, a Megger® subsidiary, celebrates its 50th year keeping people safe from electrical hazards. From equipment application and maintenance procedures to safe work practices, arc flash hazard analysis and engineering services; AVO is the complete one-stop-shop learning center. Our difference is our hands-on approach to safety training. MORE


Catastrophe bond net new issuance seen at $7 billion in 2013
Reuters    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The catastrophe bond market could see $7 billion of net new issuance in 2013, matching a record set in 2007, as issuers tap a cheaper alternative to reinsurance, U.S. reinsurance broker Willis Capital Markets & Advisory said in a report. In the event of a natural disaster, insurers use the principal from so-called "cat bonds" to absorb losses. Investors use the bonds to diversify from other assets that have proved extra volatile since the 2008 financial crisis. More

Supply chain companies believe climate change adds risk to revenue
Supply Chain Digital    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Seventy percent of companies believe that climate change has the potential to affect their revenue significantly, according to a new report by the Carbon Disclosure Project in partnership with Accenture. According to the report, entitled "Reducing risk and driving business value" the risk posed by climate change is intensified by a chasm between the sustainable business practices of multinational corporations and their suppliers. More



Disaster averted: Make emergency preparedness part of your job
Business Management Daily    Share    Share on FacebookTwitterShare on LinkedinE-mail article
When Hurricane Sandy roared up the East Coast in October, it brought immense destruction to heavily populated areas. Similarly, the June 2012 derecho storm that tore through the Midwest and Mid-Atlantic produced destructive winds and at least one tornado. People in the Midwest and the South are still dealing with prolonged drought. All brought business to at least a temporary standstill. Employers must be prepared for a variety of disaster scenarios. And while they focus on getting up and running again, they must still comply with federal em­­ploy­­ment laws. More

Risk management should be handled with care
Financial Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
In the wake of the credit crisis, the teaching of risk management has become hugely controversial. Many blame the crisis on the failure of the mathematical modeling of market risk. This poses a significant challenge for the financial services industry and for business schools — can risk management be effectively taught, and which models should be used? More

Congress considers bills to impose heightened safety obligations upon chemical facilities
Environmental & Safety Law Update    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Sen. Frank Lautenberg, D-N.J., recently introduced legislation intended to reduce the risk to communities from attack or catastrophic incident. The proposed legislation would require high risk chemical, oil refineries and water facilities to assess and develop plans to address their vulnerabilities. More

4 steps to effective enterprise risk management
Business 2 Community    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The bigger a business is, the more it has to lose. If a company doesn't create an effective risk management plan, it could soon find itself in major trouble for overlooking an easily avoidable event. The price of not having a risk management plan can very quickly outweigh any cost related to creating one. More

Protect your business from social media pitfalls
Forbes    Share    Share on FacebookTwitterShare on LinkedinE-mail article
While more small businesses are using social media, not all of them are using it wisely. Social-media use by small businesses with fewer than 100 employees surged from 44 to 53 percent this year, according to the SMB Group's 2012 Small and Medium Social Business Study. Businesses need to take a strategic approach to avoid common pitfalls and maximize their social media investments. The following looks at a few do's and don'ts that apply to everyday social media practices for small businesses. More


 

RiskWire
Colby Horton, Vice President of Publishing, 469.420.2601
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Lisa Smith, Senior Content Editor, 469.420.2644 
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