
Risk Management: Brick by Brick
Risk World 2023 Part 3: Patrick O’Neill of Redhand Advisors, and Marc Vincent of the Georgia World Congress Center Authority
May 24, 2023
Patrick O'Neill, a respected thought-leader in Risktech, discusses the 2023 RMIS report and how technology can help risk managers work across departments. Marc Vincent talks about creating a culture of awareness and resilience in organizations, and the role of safety experts at events.
29:57
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Quick takeaways
- Risk technology solutions have significantly expanded, providing broader solutions beyond claims management.
- The risk management industry is in the early stages of fully understanding and utilizing data through embedding analytics into business processes.
Deep dives
Expansion of Risk Technology Solutions
One of the key insights from the podcast episode is the significant expansion of risk technology solutions in the marketplace. In the past, risk management systems were primarily focused on claims, but they have evolved to provide broader solutions. The report now covers risk tech, which includes innovative solutions that address specific needs and can be integrated alongside traditional risk management systems. This expansion in risk technology solutions presents exciting possibilities for risk managers to enhance their capabilities.
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