Ventiv Technology

360º | Aon eSolutions 1 1 / / LOWERING TOTAL COST OF RISK / / REDUCING THE RISKS ASSOCIATED WITH NOT BUYING ENOUGH INSURANCE / / IMPROVING OUR VISIBILITY INTO SELF-INSURED LOSSES / / IMPROVING OUR CORPORATE GOVERNANCE / / PROMOTING A RISK-MANAGEMENT CULTURE ACROSS OUR ORGANIZATION / / HAVING ONE AREA OF DATA CONSOLIDATION WITH ANALYTICAL REPORTING TOOLS / / IMPROVING OUR COMMUNICATION THROUGH THE ABILITY TO PUSH DATA OUT TO APPROPRIATE GROUPS INSIDE AND OUTSIDE THE ORGANIZATION I'd discuss how RiskConsole Express can help us achieve the results outlined above—in other words, how RiskConsole Express can make me more effective in my risk-management duties. For example, let's consider one of the key components of total cost of risk: the premiums paid to insurers for allowing us to transfer a portion of our risk to them. RiskConsole Express will enable us to negotiate more effectively with insurers by consolidating all of our risk and risk- related data into a comprehensive, accurate picture of our risk profiles. Our premiums and terms of coverage will, therefore, improve and so will our deployment of resources toward insurance: We will be neither under- nor overinsured. We'll save money through optimal program design. The conversation can take off from there. It all comes back to saving money and deploying the capital allocated to risk and insurance more effectively. That's what RiskConsole Express enables companies to do. HOW DOES RISKCONSOLE EXPRESS ADDRESS DATA-PRIVACY AND SECURITY RISKS? SHOULD IT BE A CONCERN FOR PROSPECTIVE CLIENTS? Well, the fact of the matter is, there are always risks inherent in hosting and delivering business solutions and the associated data on cloud-based, software- as-a-service platforms. The best response to that reality is to choose third-party solutions that mitigate those risks to the fullest extent possible. That's what Aon eSolutions does with RiskConsole Express (and, indeed, with all of our hosted business solutions). RiskConsole Express is hosted and delivered on RIScloud ® , which is Aon eSolutions' fully owned, staffed and managed cloud-based infrastructure. RIScloud is the risk, insurance and safety market's only technology infrastructure certified by third-party audits to be compliant in its entirety with ISO 27001:2005, SSAE 16/ISAE 3402 and URAC HIPAA Security standards. We're committed to having the strongest technology infrastructure, business processes and policies. We're also committed to backing up that claim with proof and transparency, which is why our third-party certifications are so important. If data privacy and security are concerns for an organization— and we think they should be—then IT executives will be very impressed by RIScloud. ALL RIGHT, LET'S GET DOWN TO SPECIFICS. PUT YOURSELF IN THE SHOES OF A MANAGER OR EXECUTIVE RESPONSIBLE FOR RISK MANAGEMENT AT A MEDIUM-SIZED COMPANY. MAKE THE BUSINESS CASE FOR INVESTING IN RISKCONSOLE EXPRESS. Q: Not surprisingly, given the growing number of high-profile data breaches in recent months and years, nearly 40 percent of the IT executives surveyed said that data-privacy and security risks are preventing them from adopting cloud-based services. IS THERE ANYTHING HOLDING IT EXECUTIVES AT THESE COMPANIES BACK FROM ADOPTING CLOUD- BASED SOLUTIONS? Q: Q: + Q: WHAT DO YOU EXPECT COMPANIES WILL FIND APPEALING ABOUT RISKCONSOLE EXPRESS? WANT TO LEARN MORE ABOUT RISKCONSOLE EXPRESS? Visit www.aon-esolutions.com/RCE or contact: MONTE DALTON Vice President, Sales 813.404.6944 monte.dalton@aon.com PETER GOVEK Business Development Manager 920.451.9777 peter.govek@aon.com Typically, businesses in this category don't employ a dedicated risk manager. A manager or executive in a related department, like finance or health and safety, might perform risk management functions. It's kind of a Catch-22: there are limited resources and staffing available for risk management, yet a growing number of medium-sized companies recognize that there's great value in more actively managing their risk and integrating their insurance programs more tightly with risk management. RiskConsole Express is designed to help organizations do more with less—to be more efficient—and to be more effective in the realm of risk management.

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