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Risk Management Monitor Lessons from Distracted Driving Awareness Month June is Distracted Driving Awareness Month, and while it is quickly drawing to a close, the message remains: Distracted driving is escalating, with 25% more vehicle accidents resulting from drivers talking or texting on cellphones. More cars on the road, especially during summer months, also translates to more accidents. Organizations with fleets should take note as motor vehicle crashes are the number-one cause of work-related deaths, accounting for 24% of all fatal occupational injuries, according to the National Safety Council (NSC). On-the-job crashes are also costly, with employers sustaining costs of more than $24,500 per property damage crash and $150,000 per injury crash. Zurich sums up NSC statistics: Employers can and are being held liable for damages resulting from employee accidents. “We might expect an employer to be held liable for a crash involving a commercial driver’s license hold...

Risk Management Monitor Marsh Tracks Top Captive Trends The number of captive insurers continues to increase globally, from 5,000 in 2006 to more than 7,000 in 2016. Once formed primarily by large companies, the captive market has opened up to mid-size and small businesses. The industry is also seeing a trend in companies forming more than one captive, using them for cyber, political risk and other exposures, according to a recent Marsh report, Captives at the Core: The Foundation of a Risk Financing Strategy . Organizations are seeing disruptions in a number of areas and are relying more on their existing captives, Marsh said. Because of their flexibility, captives are also being used to respond to market cycles and organizational changes such as mergers and acquisitions. While North America and Europe still dominate in numbers of captives, other regions have shown more interest in the past three years. In Latin America, captive formation increased 11% in 2016, the study fo...

Risk Management Monitor Should You Respond to a Reservation of Rights Letter? An organization buys insurance to transfer certain types of risks (depending on the policies purchased). If a covered event occurs that results in a loss, you submit a claim and get paid. Simple, right? That’s how it would seem, but many experienced risk managers know it doesn’t always go that smoothly. A recent RIMS Executive Report discusses one of the most common instances when things don’t go according to plan, and the insurer sends along some unpleasant surprises. In “ A Risk Manager’s Guide to Reservation of Rights ,” we learn how an insurer protest against paying a claim is commonly initiated and communicated: the dreaded reservation of rights letter. In case you’ve never had the pleasure of receiving one, a reservation of rights letter is “a notice that the insurer has reserved its rights to either limit or deny coverage for the claim, based on the terms and conditions of the policy or info...

Advids 20 Property Management Software & Solution Video Examples Property management responsibilities include operation, control and oversight of real estate, it takes the hassles out of handling a property. The property management market is growing fast and marketers are increasingly looking for new ways to attract and retain customers. How your property management service is marketed can largely can largely affect your consumers choices. Video Marketing can enable you to make a personal connection and provide a trustworthy experience for your prospective customer. In this article we look at 20 Property Management Software & Solution Video Examples that are on the spot. Watch these videos to get ideas for marketing your own property management offering. Here we go : Resident Pilot Property Management Video Resident Pilot offers a collection of web-based tools that assist residents and managers to enhance the living experience. Managers and staff can perform a numb...

Risk Management Monitor Record Snowpack Brings Mixed Blessings to California This year’s Sierra Nevada snowpack, one of the largest on record, has brought relief to California, which is still reeling from a five-year drought followed by record flooding . The snowpack is twice its average size, with some areas as deep as 80 feet, according to NASA. But with some rivers and dams still at higher than average levels, the fear is that warm temperatures or heavy rainfall will cause the snows to melt faster and bring more flooding. Colorado and other mountain states, which also experienced heavy snowfall this winter are also concerned with runoff issues. Canada has faced severe runoff problems, after a heat wave earlier this spring resulted in major flooding in Quebec and British Columbia, the Wall Street Journal reported. “The real wild card is if we get hit with a big rain event,” Frank Gehrke, chief snow surveyor for the California Department of Water Resources, told the ...

Advids 20 Awesome Brand Explainer Video Examples The most effective way for an enterprise to market its brand in these times is definitely through video marketing. Video marketing allows the target audience to get a complete visual tour of the brand’s product and it’s features. A visual campaign has the power to capture the audience absolutely. Brands can be marketed through video to create a lasting and powerful impact in the market. In this article we look at 20 Awesome Brand Explainer Video Examples that are on the spot. Watch these videos to get ideas for marketing your own brand using videos. Here we go : McDonald’s Brand Explainer Video Changing negative sentiment in social media is no easy feat. And when you’re a brand like McDonald’s, it’s even more challenging. McDonald’s has released its ad to reinforce the concept of I’m Lovin’ It in a plan to revive its image after reporting a fall in global sales. The brand explainer video represents McDonald...

Advids 20 Refrigeration System & Solution Video Examples A number of industries require the application of refrigeration system and solutions in this age. For example, rare medicines that need to stored at colder temperatures, refrigeration for chemicals, solvents, gases, food materials etc are never ending and consist of a huge industry in itself. There are a lot of enterprises out there offering refrigeration systems and solutions for industrial as well as domestic use. They need to market their product in such a way that it reaches the target audience and one way to do that is via video marketing. In this article we look at 20 Refrigeration System & Solution Video Examples that are on the spot. Watch these videos to get ideas for marketing your own refrigeration system and solution offering. Here we go : Samsung Smart Refrigeration Video Samsung is a leading global provider of home appliances such as TVs, monitors, refrigerators, and washing machines as well as...

Advids 20 Amazing Product Design Video Marketing Examples Product design is important to an organization or a brand as it differentiates the brands from others. Product design is often the first thing the consumer sees about your product and many people make purchasing decisions primarily on the design. In order to sell your product effectively, your product design needs to be well marketed. Video marketing can be a great way to arrange the features and benefits of the product to be presented to the customer. In this article we look at 20 Amazing Product Design Video Marketing Examples that are on the spot. Watch these videos to get ideas for marketing your own product design offering. Here we go : Razer Ouroboros Product Design Video The Razer Ouroboros ambidextrous wireless gaming mouse is designed to fit every hand profile, left or right, big or small, claw or palm. Powered by the 8200 dpi 4G Dual Sensor, the Ouroboros features an ultra-low 1 ms latency wireless play ...

Advids 20 Excellent Banking Explainer Video Examples Banks, in order to provide a distinction between each other are coming up with their own marketing banking explainer videos to gain an edge ahead. Through their explainer videos, they try to attract customers and reach a new clientele. This article highlights 20 Excellent Banking Explainer Video Examples that are awesome to watch and created impact for their specific marketing objectives. Learn from these great example videos to create an engaging banking explainer video for your business. Here we go, enjoy the article : Axis Bank Banking Explainer Video Axis Bank is the third largest private sector bank in India. Axis Bank online Banking gives you secure online access to a wide range of banking features & services so you can do your banking whenever or wherever required. It offers features such as Account Details, Fund Transfer, Request Services, Investment Services and many more Value Added Services. The banking Ex...

Risk Management Monitor Implementing a Safety Culture for Company Drivers Organizations with a safety policy in place for drivers of company vehicles may believe they are protected from liability in case of an accident. What they may not realize, however, is their defense could hinge on documentation of steps they have taken to ensure that the policy is being followed by employees, according to the study,  Creating a Safety Culture: Moving from politics to habits , by SambaSafety. The study found that, regardless of the policy in place, “simply saying that you didn’t know about poor driving behavior will no longer cut it – not when people’s lives and companies’ well-being are at stake. With the data readily available today, the courts are sure to ask how you didn’t know.” To implement a successful program, it is important for employees to understand that the company’s policies must be followed by employees at all levels. “If someone in senior manageme...

Advids 20 Interesting Internet of Things Application Videos The Internet of Things (IoT) promises to reshape entire industries. The business value can be profound—ranging from digitizing an organization’s internal operations and customer experience to unlocking disruptive new digital products and business models. From building automation and smart factories to wearables, IoT touches every facet of our lives. Video marketing is increasingly being used by IoT application providers to market their offering and reach new clientele. In this article we look at 20 Interesting Internet of Things Application Videos that are on the spot. Watch these videos to get ideas for marketing your own IoT application. Here we go : Intel IoT Application Video Intel is a world leader in silicon innovation and its Gateway Solutions for the Internet of Things connect legacy and new systems, and enable seamless and secure data flow between edge devices and the cloud. The IoT application video dem...