NEW ORLEANS (April 29, 2015) – Axco Insurance Information Services Ltd (Axco) has made its Insight Risk Manager tool available to RIMS professional members.
The database of regulatory requirements, which was unveiled in June 2014, was developed to provide an independent solution to one of the most pressing problems facing risk managers – confirming that their insurance programmes are compliant globally. Insight Risk Manager is intended to provide consistent, up-to-date information, as well as to assist insurance buyers in conducting relevant, informed discussions with their brokers.
Following the addition of 20 new territories in February 2015, the tool now covers 70 jurisdictions and the granting of access as a benefit of RIMS membership marks the next phase of the roll-out.
Tim Yeates, Managing Director at Axco commented: “Insight Risk Manager is Axco’s contribution to improved communication between the insurance industry and buyers of insurance. Since its launch, it has enabled better understanding of the complex area that is regulatory compliance for global insurance programmes. The response has been overwhelmingly positive and we are pleased to now be able to extend access to RIMS members.”
“More and more organizations realize the untapped opportunities that can present themselves by expanding globally,” said Mary Roth, RIMS Executive Director. “As those organizations develop strategies for entering new markets, risk professionals are being asked to assess local regulation and deliver complex and compliant risk financing solutions. Axco Insight Risk Manager will allow RIMS professional members to provide informed recommendations that support global initiatives.”
About Axco
Axco is the leading supplier of global insurance market information with over 40 years’ experience in researching and publishing industry intelligence on insurance and employee benefits. Its unique business model and methods of research have enabled the development of an extensive suite of products comprising in-depth reports, focused profiles, Q&A databases, intelligent questioning tools, and email services which are delivered to every corner of the globe.
For more information, contact:
Josh Salter, Director of Communications, (212) 655-6059 or JSalter@rims.org
About RIMS
As the preeminent organization dedicated to promoting the profession of risk management, RIMS, the risk management society®, is a global not-for-profit organization representing more than 3,500 industrial, service, nonprofit, charitable and government entities throughout the world. Founded in 1950, RIMS is committed to advancing risk management capabilities for organizational success, bringing networking, professional development and education opportunities to its membership of more than 10,000 risk management professionals who are located in more than 60 countries. For more information on RIMS, visit www.RIMS.org.