Closing the loop on risk management

Increasing the speed and access to risk data supports faster, more informed decision-making and removes administrative burden for customers, brokers and insurers.

In a webinar hosted by Commercial Risk, Jonathan Newbery, Head of Digital Experience, Zurich Commercial Insurance and Charles Longridge, Director Sales & Global Partnerships, Riskonnect spoke about how digitalization and the way in which data is managed can impact the commercial insurance industry and the way we collaborate.

Commercial insurance industry is behind other insurance sectors in the adoption and benefit realization of digital solutions but is starting to realize the benefits that can be gained from using technology and data to drive risk management intelligence.

The speakers discussed how removing risk silos can help you to embrace a single view of risk and how using collaborative technology can support both the strategic risk management goals as well as its operational management – closing the loop on risk management by digitalizing the process.

The engaging discussion also covered topics such as data security impacts of digitalizing data, how to overcome the lack of a defined data standard in the commercial insurance industry and what can be done to accelerate the process.

Watch the recording below (originally provided by Commercial Risk).

Moderator: Liz Booth, Special Projects Editor, Commercial Risk
Panellist: Jonathan Newbery, Head of Digital Experience, Zurich Commercial Insurance
Panellist: Charles Longridge, Director Sales & Global Partnerships, Riskonnect

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