Blogs Archives

Adapting to Changing Risks: Inside the State of Risk Report and 2022 RMIS Report

Leave a Comment / Blogs / Redhand Marketing

By Patrick O’Neill, Founder and President, Redhand Advisors From heat waves, climate change and a record number of resignations to geopolitical instability due to persecution and mega disasters with billions of damages, organizations have been forced to deal with wide-scale and immediate crises in real time. With the velocity of risk rapidly changing, what does […]

Adapting to Changing Risks: Inside the State of Risk Report and 2022 RMIS Report Read More »

2022 State of RiskTech Landscape

Leave a Comment / Blogs / Redhand Marketing

New RiskTech solutions are helping businesses respond to escalating risk across industries By Patrick O’Neill, Founder and President, Redhand Advisors Risk is ubiquitous in 2022. In fact, as many as 57% of boards of directors have increased or expect to increase their risk appetite in 2022, according to Gartner. To combat such volatility, businesses are

2022 State of RiskTech Landscape Read More »

RMIS Build or Buy?: 5 Factors to Consider

Leave a Comment / Blogs / Redhand Marketing

By Patrick O’Neill Build or buy? When it comes to adopting a risk management information system (RMIS), this is no simple question to answer. Everyone needs a technology solution that fits seamlessly into its work processes and addresses all its needs. Good news! Today\’s RMIS platforms are so highly configurable that most organizations can simply

RMIS Build or Buy?: 5 Factors to Consider Read More »

2022 Trends in Claims Automation

Leave a Comment / Blogs / Redhand Marketing

By David Tweedy, Senior Advisor, Redhand Advisors The insurance industry is at the brink of going digital, and claims automation is leading the way. A 2019 McKinsey report predicted that approximately 60% of claims will be fully automated by 2030, a revolution we are experiencing in real time. At the same time, the post-pandemic world

2022 Trends in Claims Automation Read More »

Have You Optimized Your RMIS Today?: The Case For A RMIS Consultant

Leave a Comment / Blogs / Redhand Marketing

By: David Tweedy Nothing bugs me more than seeing businesses underutilize their RMIS. It’s an occupational hazard for someone whose sole job it is to help businesses optimize RMIS systems for over 30 years. What’s the most common cause? Your RMIS vendor giving you exactly what you asked for… but not 100% what you need. This

Have You Optimized Your RMIS Today?: The Case For A RMIS Consultant Read More »

2022 State of the RMIS Industry

Leave a Comment / Blogs / Redhand Marketing

By Patrick O’Neill, Founder and President, Redhand Advisors From cyber incidents to business interruption, natural catastrophes and supply chain, the magnitude of business risk in 2022 is truly unprecedented. The good news is, Risk Management Information Systems (RMIS) are rising to the challenge. The RMIS Market continues to evolve at a rapid pace. More organizations

2022 State of the RMIS Industry Read More »

You don’t have to fire your RMIS vendor!

Leave a Comment / Blogs / Redhand Marketing

By Patrick O’Neill, Founder and President, Redhand Advisors Just like a rejected partner, organizations that have fallen out of love with their RMIS system are likely to declare, “We need a new one!” Hang on, though. Scrapping what you’ve got may not be the only alternative. While you rely on your RMIS to analyze data

You don’t have to fire your RMIS vendor! Read More »

Bundled or Unbundled RMIS: That is the Question?

Leave a Comment / Blogs / Redhand Marketing

By David Tweedy, Senior Advisor, Redhand Advisors Good data will be key to surviving the hard insurance market in 2022 and beyond. Data will help you project claims so you can accurately fund them. It will speak for your risk exposure. It will illustrate your loss prevention and show the results of your claims management

Bundled or Unbundled RMIS: That is the Question? Read More »

2022 Outlook: Risk Management Technology

Leave a Comment / Blogs / Patrick O'Neill

Risk managers are on a quest to replace legacy systems and ring in 2022 with updated risk management technology aimed at improving results and streamlining processes. Learn the five most important trends in digital transformation for the risk management community.

2022 Outlook: Risk Management Technology Read More »

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

Leave a Comment / Blogs / Redhand Marketing

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

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