About Us |RMIS Report| Services

Hi Friend, 

Welcome to our 2024 RiskTech Industry Outlook issue.  

Risk management technology (RiskTech) is undergoing a transformative shift. Traditionally seen as lacking innovation and not top of mind for many organziations, it's now a key focus for organizations. Advancements in Generative AI and integration into Risk Management Information Systems (RMIS) are leading this change. This article outlines five major trends: mainstreaming of Generative AI, emphasis on automation and operational efficiencies, integration of AI and machine learning into enterprise solutions, increasing interoperability, and the growing demand driving RiskTech innovation.

These developments are not only enhancing risk management capabilities but also fostering faster innovation, marking a significant evolution in the RiskTech landscape.  This month’s blogs and links are focused on market trends for the risk management technology industry. We hope you enjoy our outlook and the information we share.

Enjoy.

Yours truly,

Patrick O'Neill, Founder & President

Redhand Advisors 

Featured Blogs

2024 Outlook: Harness the Data Boom with the Right RiskTech

Risk management technology (RiskTech) is undergoing a transformative shift. Traditionally seen as lacking innovation and not top of mind for many organziations, it's now a key focus for organizations. Advancements in Generative AI and integration into Risk Management Information Systems (RMIS) are leading this change. This article outlines five major trends: mainstreaming of Generative AI, emphasis on automation and operational efficiencies, integration of AI and machine learning into enterprise solutions, increasing interoperability, and the growing demand driving RiskTech innovation. These developments are not only enhancing risk management capabilities but also fostering faster innovation, marking a significant evolution in the RiskTech landscape.

Worth A Read

• Top 10 Workers’ Comp Tech Trends to Watch in 2024
• 5 Emerging Trends Risk Managers and Their Brokers Need to Watch For in 2024
• The top 10 trends shaping the future of insurtech in 2024
• Start 2024 With an Integrated Risk Management System Built for You
• 6 Risk Management Best Practices to Elevate Your Program
• AI in Risk and Insurance: Is It Worth The Hype?

Redhand Resources

• 2023 RMIS Report 
• Case Study: A New Approach to Evaluating Systems
• E-book: 10 Keys to a Successful RMIS Implementation
• OnDemand Webinars
• Blog Library

If you like our newsletter, please forward it to a friend or colleague.

If you were forwarded this email newsletter and would like to subscribe, click here.