Blogs

Considering a RMIS for your Risk Pool? Here’s Why You Should.

By David Tweedy, Senior Advisor, Redhand Advisors Risk pool operators are often hesitant to consider additional technology for their business operations. And rightfully so.  With so many snapshots in time to keep track of, it’s seemingly easier to maintain the status quo with the legacy system you’ve already got in place. You may even feel

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Attaining RMIS Success: Empowered risk managers achieve the greatest outcomes

By Patrick J. O’Neill, Founder and President, Redhand Advisors In every area of life, those who take responsibility for and control their own journey experience the greatest successes. Risk Management Information Systems (RMIS) management is no exception. My role, together with that of the RMIS vendor, is to provide the information and tools to help

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3 Ways Technology is Changing the Claims Universe Ahead of 2022

By David Tweedy, Redhand Advisors Back in the late 1970s, I entered the workforce as a claims adjuster for Liberty Mutual Insurance Company. At that time, not much was automated. The only computers were large mainframes that stored policyholder and claims data but were generally inaccessible to claims personnel. Everything was manual and paper oriented. 

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Transforming Legacy Claims Solutions

The workers’ compensation industry has been striving to streamline and automate the claims process for years. One of the things that’s holding us back from this picture of automation is the fact that many organizations are clinging to outdated technology. Today, newer platforms make it possible to modify claims systems on the fly—with little to no code—hence, their moniker: low-code / no-code platforms.

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Webinar Recap: 2021 RMIS Report & Beyond – A New Era in Risk Management

On the heels of the 2021 RMIS Survey, Redhand Advisors’ President & Founder, Patrick O’Neill, and Senior Advisor, David Tweedy, authors of the RMIS Report, along with Robert Petrie, CEO & Founder of Origami Risk, and Jennifer Turner, SVP Product Manager at Gallagher Bassett, discussed report findings. These experts offered several key takeaways and discussed emerging trends. The panel also disclosed key insights not included in the 2021 RMIS Report, addressed return on investment (ROI) with RMIS, and acknowledged the growing private equity presence in the industry.

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