Mitigating risk through the purchase of insurance is a tried-and-tested method used by organisations. But picture the day when organisations must compete with each other for insurance capacity. This may not be far away. Several different factors in the insurance world are causing capacity to shrink (hence price/premium inflation) and this may create […]
10
Dec
Dec
By Sean Pyott, MD of thryve “Never let a good crisis go to waste,” said Winston Churchill, a quote that surfaced numerous times during 2020 – the living embodiment of crisis. I even used the quote in one of my first blogs of the year (Crisis vs Opportunity during the pandemic), though I […]
23
Oct
Oct
By Sean Pyott, MD of thryve Last month, I reflected on the importance of risk managers and why they are in high demand right now. But what about companies – what kind of changes should they undergo to make better use of new risk management practices? It’s an important question because modern risk-management practices […]
Blog, Enterprise Risk Management, Governance, Risk and Compliance, Integrated Risk Management, Risk Management, Thought Leadership
Fixing strategic risk: the rise of objective-based ERM
31
Oct
Oct
By Neer Rama, Force Solutions Product Manager at thryve Enterprise Risk Management (ERM) gained popularity for a specific reason. It offered what risk management was initially meant to provide: strategic value. Even the most basic strategic management course is an introduction to organisational risk. The ever-present SWOT analysis is essentially about identifying risks and opportunities, […]
Blog, Customer Relationship Management, Customer Success, News, Thought Leadership
Claims management across a Conglomerate: thryve Customer Story
16
Sep
Sep
Conglomerates are power business vehicles, delivering change and diversity that can materially improve the economies of entire nations, regions and even continents. One such conglomerate, an African giant, has been particularly successful across more than 15 sectors, with ambitions to expand those as well as into new ventures. But to do so, it needed […]
Blog, Enterprise Risk Management, Governance, Risk and Compliance, Integrated Risk Management, Risk Management, Thought Leadership
The interesting history of Governance, Risk and Compliance
16
Sep
Sep
By Riaan Bekker, Force Solutions Managed, thryve As we head towards the IRMSA conference, 2-3 October at Gallagher Estate in Midrand, Johannesburg, I am preparing for my presentation on the debate between GRC and IRM. ‘Governance, Risk & Compliance vs. Integrated Risk Management’ became a topic of debate when research firm Gartner decided a […]
Blog, Enterprise Risk Management, Integrated Risk Management, Thought Leadership
Why IRM matters – the IRM cloud story
11
Sep
Sep
By Riaan Bekker, Force Solutions Manager, thryve There is a bit of a storm in the GRC – that being the Governance, Risk and Compliance – world. Recently Gartner announced that it will no longer rate all GRC technology services in the same category. Instead, it has created a new category, IRM or Integrated Risk […]
Blog, Customer Relationship Management, Enterprise Risk Management, Governance, Risk and Compliance, Integrated Risk Management, Thought Leadership
Discover the power of risk-informed decision-making
09
Sep
Sep
By Neer Rama, Force Solutions Product Manager at thryve Canada There is a bit of a furore in the risk-management world. Advisory firm Gartner has thrown a cat among the pigeons by creating a new category for integrated risk management (IRM), away from its governance, risk & compliance (GRC) category. This may seem like a […]
Blog, Enterprise Risk Management, Governance, Risk and Compliance, Integrated Risk Management, News, Platforms, Risk Management, Risk Management, Thought Leadership
Riskonnect named as Visionary in Gartner’s Magic Quadrant – again
25
Jul
Jul
By Riaan Bekker, Force Solutions Manager at thryve Integrated risk management (IRM) is a fairly new discipline, but it’s already making great strides towards transforming all types of organisations. The philosophy is straightforward: instead of risk information languishing in silos and contributing to an incomplete picture of organisational risk, that information can be captured […]
Blog, Insurance, Insurance Broking, Thought Leadership
Start swimming with the insurance challengers
24
Jul
Jul
Insurance is changing, whether practitioners accept this or not. It is simply the reality of an industry where many new participants are arriving, rising fast and bringing a big wake of change along with them. Those companies that cannot swim with this tide will, as Bob Dylan famously sang, sink like a stone. The […]
- 1
- 2