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For Risk Managers, few challenges carry more weight than high-risk claims. These are the cases that quietly build pressure—headed toward litigation, mounting medical costs, or prolonged resolution delays—until they suddenly erupt into major financial losses. Traditional oversight methods often leave Risk Managers reacting after reserves spike, rather than intervening early. And make no mistake—the stakes […]
Risk management and risk mitigation are crucial for public entities because they ensure the stability, effectiveness, and integrity of government operations, which directly impact public trust and the well-being of citizens. It is especially important now as inflationary effects have tightened budgets and put more focus on cost management. Continuity of public services is essential, […]