RiskVersity

Preparedness isn’t just about having a plan for when something goes wrong. It’s about reducing the chance that something goes wrong in the first place.

September is National Preparedness Month, and we're encouraging all organizations to take a closer look at an everyday risk: Who are you putting in the driver seat (literally!) for your organization?

RiskVersity’s Driver Qualification & Monitoring Program provides a practical framework for establishing driver eligibility, monitoring driving records, setting clear expectations, and documenting decisions consistently.

Remember: preparedness starts long before an incident happens.

Download the FREE program and companion forms kit:

https://riskversity-2330874.hs-sites.com/driver-qualification-monitoring-program

Driver Qualification & Monitoring Program — Free Resource | RiskVersity A free, ready-to-adapt driver qualification and MVR monitoring program for public entities, with an eligibility matrix and forms. From RiskVersity's Public Risk Exchange.

Do you know what these things have in common?
- A banana plantation in Ecuador
- A hospital in Boston
- A Ford Motor Company assembly plant in Chicago; and
- Every data center under construction in the United States.

Check out our latest article from Christopher Holmes to see what they share, and why you might want to check your own organization for a similar risk.

https://riskversity.com/what-a-banana-plantation-and-a-data-center-have-in-common/

What a Banana Plantation and a Data Center Have in Common | RiskVersity Your backup plan may not be much of a backup if everyone depends on the same thing. Most organizations have a plan for what happens when a key supplier goes down. But what happens when your backup supplier depends on the exact same resources that failed in the first place?…

Some conflicts of interest aren't hidden. They're held by people who sincerely believe they're giving you the right advice.

That doesn't make the advice wrong. But it does mean you should ask: What would this person lose if I did the opposite of what they're recommending?

A recent investor call from Ron Baron offers a useful example, and a lesson that applies far beyond investing.

Read our latest Risk Insights from Christopher Holmes, and let us know if you would add to our five questions of guidance.

https://riskversity.com/the-most-dangerous-conflict-of-interest-is-the-sincere-one/

The Most Dangerous Conflict of Interest Is the Sincere One | RiskVersity Good advice can still come with a conflict of interest. Here's how to spot it. Most of us know to be cautious when someone giving us advice has something to gain. But conflicts of interest aren't always obvious. And they don't necessarily mean someone is being dishonest. Sometimes the person…

Every strong organization has something important behind its plans, policies and processes: people.

Employees are often the first to recognize when something is changing, the first to identify a potential problem and the first to respond when the unexpected happens. Their experience, judgment and willingness to speak up are essential to effective risk management.

This Labor Day, we celebrate the people whose knowledge and dedication keep organizations moving forward. We also encourage leaders to consider how they can create workplaces where employees feel valued, supported and empowered to raise concerns, share ideas and help build stronger systems.

Because managing risk is not only about preparing for what could go wrong. It is also about investing in the people who help make things go right.

Happy Labor Day from RiskVersity.

Last week, hundreds of technology and security companies issued a joint open letter on AI and cybersecurity.

Their message was clear: current security practices will not hold against AI-enabled attacks, and organizations should respond with the urgency of a serious incident.

So, what happens now?

https://riskversity.com/the-100-company-cyber-letter-what-to-take-from-it-and-what-to-question/

The 100-Company Cyber Letter: What to Take From It, and What to Question | RiskVersity In late August, more than 100 of the largest technology and security companies published a joint open letter on AI and cybersecurity. The signatories include OpenAI, Anthropic, Google, Microsoft, and Amazon Web Services, alongside security vendors such as CrowdStrike, Okta, and Fortinet. Their messa...

Before approving a data-center agreement, local leaders should be able to answer one simple question: If the company or tenant behind this project walked away in year four, what in this agreement protects our community?

If there isn't a clear answer, there may be more negotiating to do.

BONUS: Download our free checklist of risk considerations municipalities can use when evaluating data-center projects! Link in the article itself and posted below.

https://riskversity.com/before-your-town-signs-a-data-center-deal-ask-who-actually-pays-the-rent/

Before Your Town Signs a Data-Center Deal, Ask Who Actually Pays the Rent | RiskVersity Data centers can bring enormous economic benefits to small communities. They can also create a new kind of risk that many towns are not used to managing. Ellendale, North Dakota, is a good example. Following the arrival of an Applied Digital data-center campus, the town of roughly 1,100 people has.....

Happy to support Talbert House and their mission!

Thank you to our Rally Sponsors for helping make Summer Smash possible! 🏓💙

Your partnership strengthens Talbert House's mission and helps us continue providing life-changing services throughout our community. We are grateful for your support and commitment to making a difference.

APG Cincinnati - An OfficeWorks Company, CBRE, Corvus Janitorial, The Garland Company, Henry Schein Medical, RiskVersity

Many thanks to our partners at the Los Angeles County Sanitation Districts for sharing this thoughtful testimonial about our partnership!

"Our agency issued an RFP to hire a consultant to assess our insurance and risk management program and practices. RiskVersity submitted an offer and was selected as our consultant. The synergy was evident from proposal submission through project completion. RiskVersity listened to the Districts’ challenges and offered adaptable solutions aligned with our business pace. They didn’t try to “sell” us anything; they brought much-needed advice and provided directional options for our future consideration."

What does it take for enterprise risk management to earn a seat at the executive table?

That's the question Laurence Jones has spent more than two decades helping organizations answer.

We're proud to share that Laurence will be a featured speaker at the Advanced Enterprise Risk Management (ERM) Workshop on September 17, where he'll discuss how ERM can move beyond compliance to create value, build resilience, and strengthen leadership decision-making.

If you're ready to elevate your organization's approach to risk, we hope you'll join us in Cincinnati.

Registration details here: https://skillsofferings.uc.edu/search/publicCourseSearchDetails.do?method=load&courseId=1694888

Did you know that we provide Fractional Chief Risk Officer services?

From cyber and online risk to people and goods, our consulting services can provide peace of mind as well as best-in-class practice implementation.

Organizations that have experienced the following problems have found exceptional merit in our expertise and services:

✅ Captive setup and application
✅ Reinsurance program evaluation and audits
✅ Loss or liability forecasting; reserves analysis
✅ Claims handling, mediation, and management
✅ Letter of credit requirements analysis
✅ Expert witness services
✅ Arbitration/Litigation preparation and document review

Check out our minimag to learn more about our Fractional (part time) Chief Risk Officer services! Click the link below or reach out to our team to start the conversation:
https://riskversity.com/wp-content/uploads/2023/05/RV-mini-mag_Fractional-CRO_final_online.pdf