A Risk Manager’s Wish List – Webinar Recap

In our recent webinar, we brought together risk leaders to discuss changes to the industry, as well as what should be in a good risk manager’s arsenal of tech tools. 

Here are the key takeaways:  

Doing more with less. 

Overall, risk departments are driven to achieve better results with fewer resources – especially as the pandemic continues. As the role of risk management continues to gain status within organizations, the need for instant access to data and accelerated decision-making increases. 

Communication is always key. 

Risk managers who are invested in onboarding more sophisticated technology tools need to be rigorous about articulating the value of technology-related spending to senior leadership.  

Accessibility of data is essential. 

Remote work remains widespread and getting the right information to the right people continues to be challenging. Having centralized, secure access to accurate information makes the difference (and is something that LineSlip can help with).  

Risk Managers want to keep their organization in a position of strength in the insurance marketplace. To do that, they need: 

• Technology focused on reporting information over multiple years of programs and across lines of coverage

• Quick access to accurate data that is easy to visualize and understand

• Mechanisms to remove the barriers between data and senior leadership teams who might not be data-first thinkers and learners

As we move into 2022, risk managers will be looking to continue minimizing the cost of risk and utilizing data and analytics to drive decision making. Having a tool like LineSlip gives risk management departments an edge in the pursuit of that goal. To schedule a demo (and have an instant “A-ha — where has this been all my life?” moment when you see the dashboards), click here.  

To see a recording of the webinar, click here.