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March 12, 2013


MexiPass International Insurance Services, LLC


MexiPass is the leading MGA, Underwriting Manager & Risk Management Solutions provider for risks of American entities in Mexico.
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E-Discovery is risk management
CMS Wire
Companies that are involved with legal matters are usually in a reactive mode when performing the steps related to e-Discovery but that reactive nature creates additional unnecessary time, tasks, legal risks and expense. To minimize these inefficiencies, possible increased legal liabilities and higher costs, an intelligent and well-planned risk mitigation plan should be instituted — which is as simple as implementing proactive e-Discovery steps. That is, putting a plan in place to identify, gather and analyze data in a cost-effective yet defensible (able to withstand legal challenges) manner.
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Top 10 tips for climate risk management
BusinessGreen Plus
In the following article, BusinessGreen Plus runs down the top climate risk management tips every sustainability executive should follow. Some of these tips include getting top level support, look back as well as forward and prioritize by focusing first on "no regret measures." Read on for more tips your business can implement.
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TSA adopts enterprise risk management
ebizQ
Risk management is not about absolutes, it is about using a consistent analysis framework for balancing risk and cost on a common basis across the enterprise. A recent announcement by the Transportation Security Administration of their adoption of a risk-based approach is a long awaited practical application of enterprise risk management to security.
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  PRODUCT SHOWCASES
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
Pharmacy Benefit Management

IPS has a comprehensive suite of PBM services structured to provide the highest quality prescription health services at cost containment prices while streamlining and simplifying the claims management process for adjusters. IPS also provides ancillary healthcare services to injured workers and policyholders in need of durable medical equipment and supplies, home healthcare, home therapy including physical, occupational, and speech, and transportation and language services through a single touch point. MORE
VRC - Social Media Investigations

As the varying number of social networking sites increase, we evolve and expand our investigative reach. At VRC, we dig deeper to uncover the hidden information that can help you resolve suspicious claims and assist as a valuable tool in helping focus and drive more traditional investigative avenues. MORE


The enemy of risk management starts with a C (and it's not China)
GCN
Managing risk in a network requires knowing your assets and prioritizing defenses, says the National Institute of Standards and Technology's Ron Ross. Complexity is the enemy, and moving to the cloud can help simplify. "You can reduce the complexity of your infrastructure by 5 to 40 percent by moving to the public cloud," said Ross. "Without reducing that complexity, we're going to be doing what technicians call thrashing — a lot of activity with few results."
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Business continuity after Hurricane Sandy
Risk
When Hurricane Sandy hit New York City in 2012, residents needed their banks to be up and running as quickly as possible after the storm. With challenges from transportation to communication, Jessica Meek investigates how banks' business continuity plans held up.
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FDA chief cites food safety risk
The Associated Press via The Inquirer
Fewer food safety inspections and an increased risk to consumers will result from the lack of a new 2013 budget from Congress and the impending across-the-board spending cuts, Food and Drug Administration Commissioner Margaret Hamburg recently said.

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6 signs of a business continuity plan in trouble
eBRP Solutions
Not all business continuity plans are created equally. Calling something a "plan" doesn't make it one. Real planning should go into its creation — not simply filling in blanks in a template or copying a bunch of lists to an appendix. A viable business continuity plan is actionable, applicable to any disruption and effective under all circumstances.

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ERM: The basics
CSO Online
Natural disasters, political instability, data breaches, financial calamity — even asteroids — the sources of risk are on the rise and are increasingly unpredictable. And in an age of increasing regulatory compliance, not to mention cost sensitivity, it's even more important to get the job of risk management right.

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Emerging markets could be devastated by a literal perfect storm
Business Insider
Several emerging markets remain highly vulnerable to a large weather event turning into a natural disaster, according to a new report by the risk analysis company Maplecroft. And given that NASA predicts a future of increasingly extreme weather events, countries better get on it.
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TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    ERM: The basics (CSO Online)
'Comprehensive' policies may leave your business exposed (Smart Business)
What's your total cost of risk? (CSO Online)
Manage risk and control insurance costs (Smart Business)
Securing BYOD for construction (Constructech magazine)

Don't be left behind. Click here to see what else you missed.


How to avoid employee lawsuits
El Paso Inc.
Many small-business owners respond to employee lawsuits with grudging acceptance that, regardless of whether the company broke any laws, the sooner it pays a plaintiff to go away, the better. As repugnant as this may sound, it is a cost of doing business. That, at least, is one approach.
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  FEATURED COMPANIES
SRM Is Your Global Recovery Partner

ServiceMaster Recovery Management is your single source solution for disaster readiness and rapid response. We are always ready. Now you can be too. MORE
INFORM - RMIS Reporting and Intake

INFORM offering RMIS, Claim Predictive Modeling, Claim/Incident Management, Litigation, Claim Audit, Policy/Exposure Management, Certificate of Insurance Tracking, OSHA, Loss Prevention, Safety Surveys, RIMS Booth #635


Company wellness programs don't really save money
Harvard Business Review
If you run a large organization or its human resources department, you are probably starting to wonder if your financial commitment to wellness programs makes sense. Your consultants and vendors assure you that they save lots of money. Yet you still have plenty of obese workers, and recent academic literature overwhelmingly reports no savings from the programs. The answer matters, because these programs constitute an expensive combination of surveys, screens and additional doctor visits and tests (all on company time). Just asking your benefits consultants three simple questions will solve this conundrum.
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Time change may increase workplace injuries
Society for Human Resource Management
The loss of sleep brought on by the daylight saving time change may increase workplace accidents and injuries, according to researchers. Organizations have developed protocols for dealing with the technological requirements of the time shift, such as adjusting the time in their computer systems and time clocks. However, many employers should be aware of the potential effects on safety caused by the start of DST.
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Making food supply chains less complex
Supply Management
Food supply chains have become too long and complex, crossing many borders and involving many different organizations. This has led to increased risk, as highlighted in the recent meat scandals. As global trade continues to grow, it is unlikely our food chains will revert back to become entirely locally sourced. But it is clear from recent events that things need to change and supply chains need to be better managed.
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White House: Unemployment rate falling is a sign of economic recovery
The Huffington Post
VideoBrief The White House says the falling unemployment rate is evidence that the economic recovery is "gaining traction." The jobless rate dropped to 7.7 percent last month, the lowest level since President Barack Obama has been in office. A burst of hiring last month added 236,000 U.S. jobs.
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Colby Horton, Vice President of Publishing, 469.420.2601
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