RMIA - Risk Management Institute of Australasia’s Post

⚠️🌍 West P&I War Risk Announcement – Key Updates for Shipowners West P&I has issued an important War Risk Announcement, outlining critical updates for shipowners and operators navigating high-risk areas. As geopolitical tensions evolve, understanding these risks and ensuring proper coverage is essential for maintaining operational security and compliance. Trust Consultancy & Trading advises industry stakeholders to stay informed and take necessary precautions. Proactive risk management is key to safeguarding assets and crew. Read the full announcement here: https://lnkd.in/gnwZEbg3 #MaritimeRisk #WarRisk #ShippingSafety #RiskManagement #TrustConsultancyTrading

🚀 Howden partners with Auxillis to enhance commercial motor claims service for clients 🚀 We are delighted to announce that Howden has partnered with Auxillis to enhance our accident management services for Commercial and SME clients. This strategic collaboration will enable us to provide comprehensive non-fault accident support, including vehicle recovery, repair management, and replacement vehicles, ensuring a seamless experience for our clients. Richard Graham, Executive Director, Head of Claims and Risk Management at Howden Corporate & Commercial, commented: "We’re thrilled to partner with Auxillis, a leader in accident management services. This collaboration aligns with our commitment to deliver unparalleled support and innovative solutions to our clients when they need it most." Read the announcement in full here: https://lnkd.in/es9baUrf #HowdenClaims #Auxillis #AccidentManagement

Practical situation of Risk Analysis I was traveling by a rikshaw. Driver got a call on his mobile, he kept on talking with the caller. While driving he was, 1. Talking 2. Listening to the caller. 3. Seeing the road, traffic and signals 4.using his hands and legs for driving 5. Wiping the front glass of the vehicle as it was raining Besides the physical activities, mentally he was 1. Thinking about what the caller was speaking 2. Getting angry too, 3. Counselling the caller, 4. Concentrating on driving 5. Planning the way way from traffic I was amazed by his skills but Counting the degree of risk in travelling with such a risky driver #safety #riskanalysis #riskmanagement #riskmitigation #traffic #insurance #iso

Before riding, make sure you understand your coverage. Passengers are generally insured, but other operators may require a policy review. #MotorcycleInsurance #safetyfirst #floridainsurance #motorcyclesafety Strong Tower Risk Management 📞: 239-254-6373 💬: 239-932-5084 📍: 5644 Tavilla Circle, Ste 103, Naples, FL 34110 🌐: https://lnkd.in/e8m2dsRc Experience the difference of working with insurance specialists who truly understand.

CBIZ Loss Control and Safety Professionals are dedicated to adding value to our client partners by ensuring a safe and secure workplace. Our experts help identify potential hazards, assess risks, and implement effective control measures. By proactively managing workplace risks, we help identify risks for employees, contractors, and visitors preventing harm. Trust CBIZ to support your business in maintaining a safe environment and meeting legal obligations. CBIZ #CBIZ #LossControl #Risks #Insurance

𝗪𝗵𝗮𝘁’𝘀 𝗗𝗿𝗶𝘃𝗶𝗻𝗴 𝗖𝗼𝗺𝗺𝗲𝗿𝗰𝗶𝗮𝗹 𝗔𝘂𝘁𝗼 𝗜𝗻𝘀𝘂𝗿𝗮𝗻𝗰𝗲 𝗥𝗮𝘁𝗲𝘀 𝗨𝗽𝘄𝗮𝗿𝗱? Driving is one of the riskiest things we do every day, and unfortunately, incidents are becoming more frequent and severe. It's really important for organizations to protect themselves by putting solid safety and risk management practices in place for their commercial auto and fleet programs. The Travelers article "6 𝘍𝘰𝘳𝘤𝘦𝘴 𝘋𝘳𝘪𝘷𝘪𝘯𝘨 𝘊𝘰𝘮𝘮𝘦𝘳𝘤𝘪𝘢𝘭 𝘈𝘶𝘵𝘰 𝘐𝘯𝘴𝘶𝘳𝘢𝘯𝘤𝘦 𝘊𝘰𝘴𝘵𝘴" highlights the major factors: 𝘽𝙤𝙙𝙞𝙡𝙮 𝙄𝙣𝙟𝙪𝙧𝙮 𝙇𝙤𝙨𝙨 𝘾𝙤𝙨𝙩𝙨 𝙍𝙖𝙥𝙞𝙙 𝙍𝙞𝙨𝙚 𝙤𝙛 𝙇𝙞𝙩𝙞𝙜𝙖𝙩𝙞𝙤𝙣 𝘾𝙤𝙨𝙩𝙨 𝘿𝙞𝙨𝙩𝙧𝙖𝙘𝙩𝙞𝙤𝙣𝙨 𝙖𝙣𝙙 𝙄𝙢𝙥𝙖𝙞𝙧𝙢𝙚𝙣𝙩 𝙄𝙣𝙚𝙭𝙥𝙚𝙧𝙞𝙚𝙣𝙘𝙚𝙙 𝘿𝙧𝙞𝙫𝙚𝙧𝙨  𝙑𝙚𝙝𝙞𝙘𝙡𝙚 𝙍𝙚𝙥𝙖𝙞𝙧 𝙖𝙣𝙙 𝙍𝙚𝙥𝙡𝙖𝙘𝙚𝙢𝙚𝙣𝙩 𝘾𝙤𝙨𝙩𝙨 𝙄𝙣𝙘𝙧𝙚𝙖𝙨𝙞𝙣𝙜 𝙐𝙨𝙖𝙜𝙚 𝙤𝙛 𝙏𝙝𝙞𝙧𝙙-𝙋𝙖𝙧𝙩𝙮 𝙏𝙧𝙖𝙣𝙨𝙥𝙤𝙧𝙩𝙖𝙩𝙞𝙤𝙣 𝘾𝙖𝙧𝙧𝙞𝙚𝙧𝙨 For more details, statistics, and sources, check out the full article linked in the comments. #CommercialAuto #Insurance #RiskManagement #FleetSafety

Mitigating property damage involves a thorough understanding of potential risks and proactive measures. The article highlights the importance of regular inspections to prevent water damage, maintain fire safety systems, and ensure secure premises for the safety of people and property. By implementing preventive strategies like evacuation plans, access controls, and maintenance checks, liabilities can be significantly reduced. Read the attached article to gain actionable insights to improve your property management practices. Reach out to us at Hugh Wood Canada Ltd. to tailor an insurance solution that aligns with your risk management practices. #hughwoodcanadaltd #insurance #riskmanagement #propertymanagement #watersafety #firesafety #premisessecurity #liabilityreduction #assetprotection #safetyprotocols

Despite headline-grabbing events, maritime crime and piracy attacks are collectively on a long-term decline compared to pre-2022 figures. However, significant challenges persist for the maritime industry globally. https://ow.ly/NMTt50Russj Patrick Rogers, Head of Risk Advisory, Crisis Management, analyses the impact of different types of incidents and discusses how shipowners can build resilience by leveraging tailored insurance solutions to help protect their crew members and vessels. #Marine #Maritime #MaritimeIndustry #MaritimeCrime #Piracy #Shipping #Shipowners #Geopolitics #Insurance #WTWRisk #ASmarterWayToRisk #WTWCrisisManagement

Brokers, it's that time of year again - EOFY and a chance to renew your fleet customers. Why not consider an alternative option and strategy to reduce costs and accidents? Check out our new video explainer by Fuse Fleet and reach out if you're looking to make changes to your fleet's risk. #fleetrisk #reduceaccidents #fleetinsurance #safety Luke Rob Rouen van Allan Christina

What's New Wednesdays!? Norfolk Southern's Rushed Railcar Inspections: A Cautionary Tale for Risk Management 🚂⚠️ In the world of insurance, assessing and managing risk is paramount. But what happens when corners are cut in the name of efficiency? The recent controversy surrounding Norfolk Southern's railcar inspection practices serves as a stark reminder of the dangers of prioritizing speed over safety. 👉 Norfolk Southern sparked concerns when it told employees to spend no more than one minute inspecting each railcar, a practice that rail unions argue is insufficient to identify potential defects and safety hazards. 😱 👉 The Federal Railroad Administration found that 13-15% of railcars still had defects after these rushed inspections, highlighting the need for thorough risk assessment procedures. 📋 👉 While Norfolk Southern claims this one-minute rule is an industry standard, it's crucial to remember that cutting corners in risk management can have disastrous consequences, as evidenced by the East Palestine, Ohio derailment earlier this year. 💥 Want to learn more and properly assess your risk without cutting corners? Then visit our bio for your free consultation today and the link below to learn more! (Source) https://lnkd.in/gFUKFqzm #riskmanagement #insurance #railcarinspections #safetyfirst #norfolksouthern #cuttingcorners #riskassessment #risks #safety #liability #professionalliability #trains