By Riaan Bekker, Force Solutions Manager at thryve Determining risk is complicated – risk managers know this. But some might say explaining risk to others is even harder. You can’t simply demonstrate the technical path you followed to reach your conclusions. This might not only alienate your target audience, but it’s also insufficient. Humans […]
31
Dec
Dec
By Riaan Bekker, Force Solutions Manager at thryve Personalisation is establishing itself as the cornerstone of modern insurance and insurtech. The trend has been building momentum for several years, and today it’s evident in the advertisements of numerous insurance products. Policyholders can reduce their costs through fitness trackers or monitoring their driving behaviour. Both are […]
Blog, Enterprise Risk Management, Governance, Risk and Compliance, Integrated Risk Management, Risk Management, Thought Leadership
Fixing strategic risk: the rise of objective-based ERM
31
Oct
Oct
By Neer Rama, Force Solutions Product Manager at thryve Enterprise Risk Management (ERM) gained popularity for a specific reason. It offered what risk management was initially meant to provide: strategic value. Even the most basic strategic management course is an introduction to organisational risk. The ever-present SWOT analysis is essentially about identifying risks and opportunities, […]
29
Oct
Oct
By Riaan Bekker, Force Solutions Manager at thryve Is there a difference between Governance, Risk & Compliance (GRC) and Integrated Risk Management (IRM)? This topic has sparked furious debate among different practitioners and technologists. It’s also the topic thryve presented at the recent IRMSA conference held in Midrand, Johannesburg. Do we have an answer? If […]
Blog, Customer Relationship Management, Customer Success, News, Thought Leadership
Claims management across a Conglomerate: thryve Customer Story
16
Sep
Sep
Conglomerates are power business vehicles, delivering change and diversity that can materially improve the economies of entire nations, regions and even continents. One such conglomerate, an African giant, has been particularly successful across more than 15 sectors, with ambitions to expand those as well as into new ventures. But to do so, it needed […]
Blog, Enterprise Risk Management, Governance, Risk and Compliance, Integrated Risk Management, Risk Management, Thought Leadership
The interesting history of Governance, Risk and Compliance
16
Sep
Sep
By Riaan Bekker, Force Solutions Managed, thryve As we head towards the IRMSA conference, 2-3 October at Gallagher Estate in Midrand, Johannesburg, I am preparing for my presentation on the debate between GRC and IRM. ‘Governance, Risk & Compliance vs. Integrated Risk Management’ became a topic of debate when research firm Gartner decided a […]
Blog, Enterprise Risk Management, Integrated Risk Management, Thought Leadership
Why IRM matters – the IRM cloud story
11
Sep
Sep
By Riaan Bekker, Force Solutions Manager, thryve There is a bit of a storm in the GRC – that being the Governance, Risk and Compliance – world. Recently Gartner announced that it will no longer rate all GRC technology services in the same category. Instead, it has created a new category, IRM or Integrated Risk […]
Blog, Customer Relationship Management, Enterprise Risk Management, Governance, Risk and Compliance, Integrated Risk Management, Thought Leadership
Discover the power of risk-informed decision-making
09
Sep
Sep
By Neer Rama, Force Solutions Product Manager at thryve Canada There is a bit of a furore in the risk-management world. Advisory firm Gartner has thrown a cat among the pigeons by creating a new category for integrated risk management (IRM), away from its governance, risk & compliance (GRC) category. This may seem like a […]
29
Aug
Aug
Corporations run internal insurance operations that look after their first-party insurance. These policies help mitigate risks inherent to the business and are different from customer-facing insurance services. A major South African financial corporation does exactly this. It gathers the risk exposure information from the group annually, maintaining records of corporate insurance policies and claims within […]
29
Aug
Aug
Professionals appreciate the value of joining a group offering networking and development opportunities. It’s not a decision made lightly. Non-profit professional associations know that they have to appeal to the sensibilities of their current members, as well as sponsors and prospects for either group. One South African membership-based professional body, a thryve client, creates […]