Strategic partnerships in the auto damage space provide the opportunity for insurance carriers, appraisers, adjusters, repair facilities, vehicle owners and fleet managers to work toward a shared goal: bringing vehicles back to pre-loss condition. Es…
With the complexity of today’s globalised business environment, it’s naïve to think that any one organisation can be everything to everyone. It’s quite impossible for even a large, multinational service provider to specialise in all areas or have cov…
The global pandemic caused some organisations to take a closer look at their operating model. Many are pursuing a simplified, more agile and flexible business structure that empowers a fast, seamless response to changes in local or global market cond…
On Wednesday at the RIMS annual conference in New Orleans, I’ll be moderating and contributing to an important session with Gert Cruywagen, a leading risk leader from a South African hotel and casino enterprise and Betty Simkin, a leading finance and…
Figure 1: The actuarial loss curve There are many definitions of risk, with most coming pretty close to each other with minor nuances as distinctions. Interestingly, most all of these definitions put "risk" well beyond the point of "expected losses"…