Ventiv Resource Library
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Top Three Benefits for Using a Risk Data Technology by Industry Industry Benefit #1 Benefit #2 Benefit #3 Agribusiness Loss Prevention Improvements, Management Reporting Improvements (Tie) Retained Risk Is Better Managed, Risk Management Culture Developments (Tie) Risk Management Process Improvements Aviation Total Cost of Risk Reduction/ Management Accuracy and Reliablity of Data, Automation of Processes (Tie) Loss Prevention Improvements, Management Reporting Improvements, Premium Reduction (Tie) Banks Accuracy and Reliability of Data Automation of Processes Data Consolidation/Management, Ease of Access to Data from One Location Chemicals Accuracy and Reliability of Data, Data Consolidation (Tie) Automation of Processes, Communication Improvements (Tie) Control and Transparency, Management Reporting Improvements (Tie) Consumer Goods/ Manufacturing Accuracy and Reliability of Data Data Consolidation/Management Automation of Processes, Claims/Losses Reduced Construction Accuracy and Reliability of Data Management Reporting Improvements Communication Improvements, Risk Management Process Improvements Food Processing and Distribution Accuracy and Reliability of Data The Need to Gain Operational Efficiencies Automate Processes, Better Management of TCOR, Reduce Premiums Government Accuracy and Reliability of Data Risk Management Process Improvements Claims/Loss Reduced, Communication Improvements, Premium Reduction (Tie) Healthcare Automation of Processes Accuracy and Reliability of Data, Data Consolidatio/Management, Risk Management Culture Development (Tie) Increased Accountability Insurance, Investment and Finance Accuracy and Reliability of Data Automation of Processes, Data Consolidation/Management, Management Reporting Improvements (Tie) Risk Management Process Improvements, Total Cost of Risk Reduction/Management (Tie) Machinery and Equipment Manufacturers Accuracy and Reliability of Data, Management Reporting Improvements (Tie) Risk Management Process Improvements Automation of Processes Metal Milling and Manufacturing Accuracy and Reliability of Data Data Consolidation/Management Automation of Processes Natural Resources (Oil, Gas and Mining) Accuracy and Reliability of Data, Auditability, Increased Awareness (Tie) Automation of Processes Management Reporting Improvements Pharmaceuticals and Biotechnology Accuracy and Reliability of Data, Data Consolidation/Management (Tie) Ease of Access to Data from One Location Control and Transparency Professional and Personal Services Accuracy and Reliability of Data Retained Risk is Better Managed Automation of Processes, Data Consolidation/Management, Increased Awareness (Tie) Retail Trade Accuracy and Reliability of Data Management Reporting Improvements Automation of Processes Technology Accuracy and Reliability of Data, Management Reporting Improvements (Tie) Total Cost of Risk Reduction/ Management Communication Improvements, Control and Transparency, Risk Management Process Improvements (Tie) Telecommunications and Broadcasting Accuracy and Reliability of Data Risk Management Process Improvements Automation of Processes, Management Reporting Improvements (Tie) Utilities Accuracy and Reliability of Data Automation of Processes Data Consolidation/Management, Retained Risk Is Better Managed (Tie) Global Risk Technology Survey 2012 Aon Risk Solutions | Aon eSolutions 27