Jun 01, 2023Navigating the Complex World of International Compliance
From varying labor laws to distinct environmental regulations, international compliance is a complex domain. In this post, we'll delve into strategies to navigate international compliance and ensure your global business operations remain on the right side of the law.
May 29, 2023Why Compliance Matters: The Cost of Non-Compliance for Businesses
In an increasingly regulated business landscape, compliance is not merely a legal requirement—it's a strategic necessity. This blog post explores the potential costs of non-compliance and why businesses should prioritize compliance in their operations.
May 29, 2023Compliance Audits 101: Preparing Your Business for Success
While compliance audits may seem daunting, with the right preparation, they can become a strategic asset rather than a hurdle. In this post, we’ll explore the basics of compliance audits and offer some practical tips to prepare your business for a successful audit.
May 26, 2023Decoding Regulatory Compliance: A Guide for Startups
Among the various hurdles startups face, understanding and managing regulatory compliance often stands out. In this blog post, we aim to demystify regulatory compliance for startups and provide practical steps to navigate this essential aspect of business.
May 26, 2023The Role of Employee Training in Ensuring Compliance
At the heart of this compliance lies the importance of effective employee training. This article explores the role of employee training in ensuring compliance and offers strategies for implementing effective training programs within your organization.
May 26, 2023A Deep Dive Into Compliance Technology: Latest Trends and Innovations
In this blog post, we take a deep dive into the world of compliance technology, exploring the latest trends and innovations that are redefining this crucial business area.
May 16, 2023Conditional Viewing On Reports
Checklists with a lot of questions can quickly become super messy, and a hassle to keep up with. To solve this issue we are introducing conditional viewing on our platform.
Apr 11, 2023Implementing ISO Standards in Large Organizations
Successfully implementing ISO standards involves a systematic approach, informed by real-world examples like Siemens, Toyota, and Nestlé.
Apr 03, 2023The Rising Flood Risk in China: A Cautionary Tale for Businesses 🇨🇳🌊
The increasing number of severe flooding events in China highlights the importance of understanding and managing flood risk for businesses, and taking crucial steps such as assessing flood vulnerability, implementing flood protection measures, and developing a flood emergency plan can help protect business operations from the impact of flooding.
Apr 03, 2023Busy? At Least Make Sure to Include These Key COPE Factors! 🏢🔥🌊
Managing accurate COPE (Construction, Occupancy, Protection, and Exposure) information is crucial for assessing risk and securing appropriate insurance coverage, and capturing information about construction details, occupancy type, fire protection measures, security features, and exposure to hazards can help ensure effective risk management.
Apr 03, 20235 Reasons Why Accurate COPE Information is Crucial for Your Business 📊🔍
Maintaining accurate and up-to-date COPE (Construction, Occupancy, Protection, and Exposure) information is crucial for effective risk management and can lead to better risk assessment, insurance underwriting, loss prevention, claims processing, regulatory compliance, and long-term success of a business.
Apr 03, 20233 Key Considerations When Buying Insurance for NatCat-Exposed Locations 🌏🌪️🌊
To purchase insurance for a location exposed to natural catastrophes, one must assess local risk factors, customize their coverage to address unique risks, and collaborate with experts such as insurance professionals and risk management experts to develop a comprehensive insurance plan.
Jan 09, 2023Migration from Cypress to Playwright - hype or great?
Automated tests are essential for delivering high-quality software. Since 2018 we have been using Cypress, but have decided to move to Playwright. Hype or great - read our verdict 🤓
Dec 05, 2022Automations are now live 🤖
Send an email when an action changes status to completed? Automations are now live at 21RISK. It's a powerful feature that makes it easy to cover your exact needs and requirements, directly in our software.
Nov 03, 2022Hard insurance market
According to Marsh, we have had more than 20 consecutive quarters with a hard insurance market.
The premiums are primarily driven by the direct insurers but after the latest re-insurance meeting in September in Monte Carlo, the re-insurers seem to follow up.
If your company has suffered a major damage, e.g. fire damage, then you will probably look into a renewal where the insurance companies are reluctant and will demand higher premiums or support with less capacity.
On top of that, inflation and a shortage of production will contribute to an increase in insurance premiums in 2023.
Oct 26, 2022We are merging our app and marketing site
We are excited to announce that we are merging our web application and marketing website. This means that from now on, you only have to visit 21RISK.com. In this blog post, you can read more about the benefits this will provide.
May 09, 2022We are building an ecosystem!
21RISK establishes a global partner hub.
21RISK has established a partner hub, where experts that work with risk management, compliance and auditing can use our software for free to support their own business, and at the same time obtain a membership that provides referrals to customers who pay for a subscription with 21RISK.
Apr 28, 2022From data to insurance
Open Insurance / API - Insurance, is all about creating an open environment where data is shared between stakeholders to minimize uncertainties about the risk that needs to be insured.
You will have the power of real-time analytics and data to share between several insurers, letting the lead insurer, as well as co-insurer / re-insurer, share the same data, enabling your insurers to participate with full knowledge of your risk, at a level never seen before.