

Q: Let’s start at the beginning: what should carriers be looking for when selecting a TPA partner for their RMIS? Jon and Jennifer have delved into the partner selection process below. To learn more, visit View source version on businesswire.While it was common practice for products to vary in features and functions, Gallagher Bassett’s Jon Stambaugh (JS) and Jennifer Turner (JT) see a clear need for the market to also consider factors such as ease of use, configuration, and mobile accessibility. Riskonnect has more than 525 risk management experts in the Americas, Europe, and Asia. More than 950 customers across six continents use our unique risk-correlation technology to gain previously unattainable insights that deliver better business outcomes. Our technology empowers organizations with the ability to anticipate, manage, and respond in real-time to strategic and operational risks across the extended enterprise.
#REDHAND SCIENCE CO SOFTWARE#
Riskonnect is the leading integrated risk management software solution provider.
#REDHAND SCIENCE CO FULL#
Survey results are independently calculated and verified.įor more information, download the full report, or visit Riskonnect’s website. Scoring is based on the expertise and experience of Redhand Advisors’ team and a survey of approximately 950 RMIS users. The report encompasses independent RMIS providers, specialized tech providers, RiskTech solutions, and the solutions offered by insurance carriers, third-party administrators, and brokers. The 2022 RMIS Report is a comprehensive review of the RMIS and RiskTech market and vendors, designed to assist buyers in better understanding the marketplace and solutions available. The software provider also acquired Xactium in early 2020 to strengthen its financial services, project risk management, and AI capabilities. Sword GRC is Riskonnect’s latest acquisition after buying ICIX in October 2021 and the third acquisition for Riskonnect in under two years.

Riskonnect recently announced its acquisition of Sword GRC, a UK-based software company that specializes in project and enterprise risk management solutions.

Riskonnect is the largest RMIS solution provider in the market, with over 950 customers across six continents and more than 560 employees worldwide. Riskonnect users highlighted positive customer and implementation experiences, understanding of their needs, system satisfaction and value, and more. The company also received “strong” scores in exposures, policy and insurance, reporting, claims administration, captive pooling, and healthcare. Riskonnect secured top scores, including “very strong” marks in claims management, enterprise risk management (ERM), and governance, risk, and compliance (GRC). “This recognition by Redhand Advisors speaks to our team’s dedication and success in enabling customers to strategically manage risk by bringing all aspects of today’s evolving risk landscape under one roof.” Riskonnect is passionate about equipping risk leaders with the integrated tools, real-time visibility, and insights they need to get a clear view of risk and help their organizations along in this transformation journey,” said Jim Wetekamp, Riskonnect’s CEO. Many organizations are seeing the value in a holistic approach.

“The past two years have fundamentally changed the way companies perceive and manage risk.
