Best of @ClearRisk – Our Risk Management Twitter Feed (Part 2)

This is the second of a series of posts entitled Best of @ClearRisk – Our Risk Management Twitter Feed. Click to read our previous risk management Twitter feed post.

With a busy and constantly updating Twitter feed, it is sometimes easy to miss great risk management content. Last month, we noted some of the most popular blog posts and articles that have been shared on the @ClearRisk twitter feed.  

First, we tweeted about The 10 Best Industry Blogs, a post from Risk Management Monitor. This was our top clicked-on link for risk management news; the post acknowledges 10 of the best blogs in the risk management and insurance industry. We would also like to thank Risk Management Magazine for recognizing our blog amongst these great industry resources. Risk Management Monitor provides daily stories, commentary, interviews, and more, all related to the risk management and insurance industry.  Be sure to visit Risk Management Monitor and read the blogs mentioned within the full post!

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How to Make Your Clients Understand the Value of Risk Management

Recently, I wrote a guest post for our partners Sitkins International. ClearRisk is a strategic partner of Sitkins International and provides Sitkins members with a way to deliver the risk reduction approach online ™.

This post summarizes the first of three steps in helping your clients understand the value of risk management.

The insurance market is fiercely competitive.  Insurance agents and brokers (hereinafter agents) need ways to create a competitive advantage to attract and retain business.  There is a great opportunity for agents to really differentiate themselves by helping clients to manage risk more broadly than just providing insurance coverage.  The greatest challenge is that most of your clients don’t know anything about risk management; so how do you make them see the value?

Here are 3 how-to steps:

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Do your employees feel safe blowing the whistle?

Throughout the lifespan of a corporation, stakeholders can be faced with the risk of economic crime.  Often, it becomes a reality long after the issue should have been brought to the attention of the board of directors. Entrepreneur that have invested a great deal of time and energy building a company from the ground up, find it hard to imagine that something as intrusive as economic crime can happen to them.

Do you have the processes in place within your company to mitigate this risk?  If you don’t have a plan and solutions in place, there is a possibility that you will be blindsided by fraud, worse yet – there’s a chance it could have been prevented.

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10 Steps to a SMB Risk Management Process

This week, ClearRisk presents a guest post by Thomas M. Bragg. Tom, who has specialized in business planning, strategy and business risk management for 20 years, writes a blog about practical risk management for small business.

More and more is being written about risk management for small and medium sized businesses (SMBs). In fact, if you do a little bit of research, you’ll probably find yourself soon overwhelmed with advice, methods, terminology and tools.

Getting started with any new process is tough. It’s hard to get out of the blocks. It’s scary. It seems overwhelming.

Don’t be overwhelmed. I’m here to tell you that establishing an effective risk management process for your business doesn’t have to be difficult.

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ClearRisk.com: New and Improved!

I am very pleased to announce the launch of the new ClearRisk.com! Over the past few months, our ClearRisk team has been working to create a website that is strong in design, content, usability and interactivity.

In creating the new site, our focus has been on :

• Improving navigation
• Providing new risk management resources
• Incorporating more accessible support and 24/7 chat
• Improving speed and usability for our online risk management solution ClearRisk Manager.

Now that it has been launched, we would really like to hear from you. Visit the sites, browse around and tell us what you think! All feedback is greatly appreciated so please help us make ClearRisk.com even better.

How do you identify the risks that threaten your organization’s success?

Two companies have in place risk management plans of similar quality and detail. One has worked tirelessly, dedicating an intense amount of time and money, to create a plan that meets the needs of the organization and that addresses the risk-related issues the company has been faced with in the past. They have hired consultants and other outside resources to help re-work the plan time and time again and have been waiting a long time for a plan that is customized to suit the needs of the business.

The other company came to have the same quality plan with the same level of customization with less money invested and less time spent. They cut months from their development time and were able to jump into the implementation of the plan almost immediately.

How did they do it?

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Are You Managing the Right Risks?

Risk management planning can be such a huge investment for a small to medium-sized organization. It is crucial to ensure that your risk management dollars are going to good use by making sure that you are managing the right risks – those that present the most severe consequences or that hold the highest likelihood of occurence.

How do we make sure we’re managing the right risks?

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