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Apr. 23, 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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Surviving a natural disaster
Yuma News Now
Failing to prepare for a natural disaster is not an option for businesses. That's because 75 percent of companies without business continuity plans fail within three years of a disaster. So says Andrew Sachs, vice president at Witt O'Brien's — a global leader in preparedness, crisis management and disaster response and recovery. Sachs contends that if recent patterns continue, the U.S. is likely to experience anywhere from three to six major hurricanes a year and up to 1,000 tornadoes. Trends such as these, he thinks, make a disaster plan a necessity.
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CISO: Communication key to risk management in security
Computer Weekly
Applying risk management principles to information security is typically a challenge, but this is largely due to incorrect perceptions by the business, said News International CISO Amar Singh. "The minute you mention risk management, most business people think of having to fill in a risk register in the form of a spreadsheet, which most people dislike," Amar Singh told Computer Weekly.
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Pension funds add to 'cat bond' sales rise
Financial Times
Catastrophe bond sales jumped more than a fifth in the first quarter as mainstream investors including pension funds have pushed into the exotic asset class. So-called "cat bonds" are issued by insurers to hedge their exposure to particularly destructive natural disasters such as hurricanes, earthquakes or severe storms.
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Cyberattacks a huge threat to start-ups and their investors
The New York Times
Recent news coverage of cybercrime reads like a modern spy novel, centered on antiestablishment hackers, sophisticated foreign espionage and threats of retaliation. While the intrigue continues, the endless news of cyberattacks has been greeted with not much more than a shrug by investors. Underlying this is a little-known area of online theft aimed at stealing intellectual property. Prominent attacks of major banks, news organizations and technology giants garner headlines, but it’s the tech-driven start-ups and growth companies that are often far more vulnerable to an attack.
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Looking for similar articles? Search here, keyword: Cyberattack risks.


TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    Shedding light on the blackout problem (Risk & Insurance)
Survey finds increase in workplace stress (Indian Country Today)
Strong start to 2013 not going to last for US economy (Reuters)
3 steps to better risk management through organizational design (Advanced Trading)
Risk management central to hedge fund capital raising (Risk)

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  PRODUCT SHOWCASES
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- Surveillance

Whatever your surveillance needs may be, Veracity Research Co. Investigations (VRC) has the tools and licensed investigators in place to exceed your expectations and help you make informed claims decisions. With an army of investigators throughout the country we are there to document your subject’s daily activities regardless of their geographic location be it rural, urban, a single family residence, apartment, or temporary housing. MORE



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Texas explosion seen as sign of weak US oversight
Bloomberg Businessweek
The Texas plant that was the scene of a deadly explosion this past week was last inspected by the Occupational Safety and Health Administration in 1985. The risk plan it filed with regulators listed no flammable chemicals. For worker- and chemical-safety advocates who have been pushing the U.S. government to crack down on facilities that make or store large quantities of hazardous chemicals, the blast in West, Texas, was a grim reminder of the risks these plants pose. And they say regulators haven't done enough to tackle the problem.
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Is small business ready for the recovery?
Forbes
No one can argue that the past 24-36 months have tested the confidence of small business and its ability to regain footing in the current economic environment. The facts are the facts: our country experienced one of the worst financial crises in decades. We ended 2012 with news of the fiscal cliff dominating media outlets and jumped right into 2013 with concerns about the budget cuts of the sequester. The constant barrage of grim headlines continue to remind us of the past, dissuading small businesses to position themselves for long-term success. We need to look beyond the sensationalism and ask ourselves, "What does today's economic environment actually look like."
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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
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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


Here comes the next hot emerging market: the US
The Wall Street Journal
The investment visionary who coined the term "emerging markets" and helped launch the first funds to invest in developing countries thinks he has spotted what you might call the next great emerging market. is called "the United States." Antoine van Agtmael is arguably the founding father of emerging-markets investing. He still is an evangelist for investing in parts of Africa, Asia, Latin America and other less-developed regions, where he thinks the future remains bright. But he believes the U.S. is at the beginning of an industrial revitalization that most analysts only have begun to recognize.
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Revolving door risk: Failure to follow best practices can have severe consequences
Lexology
Not surprisingly, private industry frequently considers hiring current and former federal government employees for their experience, knowledge base, and skill sets. As a reaction to the continuing perception, however, that high-level federal employees jump from the government to private industry and take sensitive government information with them, Congress has reacted over the years with complex and often overlapping revolving door legislation that places post-government employment restrictions on certain employees. While many government employees successfully transition to the private sector, failing to observe the revolving door laws and regulations can result in severe consequences for both the contractor and the government employee.
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FEATURED ARTICLE
TRENDING ARTICLE
MOST POPULAR ARTICLE
How physicians can prepare for cyber security attacks and meet HIPAA requirements
Physicians News Digest
According to a recent study performed by the Ponemon Institute, nine out of 10 hospitals in the United States have suffered from an intrusion or data breach at some point in the last two years.

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How sound are your business continuity plans?
CFO Magazine
Mismanaging a potential risk exposure can cost your organization money as well as reduce your shareholder value. It can also leave your company unprepared to take advantage of business opportunities and limit growth and innovation.

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Shedding light on the blackout problem
Risk & Insurance
Blackouts are on the rise, but experts say that companies can mitigate losses from power outages if they install backup power for critical processes, have "redundant" facilities in separate locations and make sure they have the right insurance coverages.

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Detect and prevent online fraud in your business in four steps
Grant Thornton
In the past year, the U.K.'s food and drink sector has been subjected to an increasing number and variety of fraudulent online activity. Impersonating a supplier and fraudulently directing payments for goods or services to an account controlled by the fraudsters is one of the most common ways retailers and suppliers are defrauded. The following outlines four basic ecommerce risk controls to help reduce the risks.
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Sexual harassment shows no boundaries
By Will Lucero
Many people personalize workplace situations. This involves emotions, basic emotions, real personal emotions. Personalizing things is good if it's directed in a positive way, for the right reasons — being a good employee, taking pride in your work, customer relations and/or loyalty to your company. Personalizing issues for the wrong reasons — greed, sex, discrimination, retaliation — will ultimately result in disaster.
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