New survey results from Aon eSolutions offer some valuable insight into how the use of risk technology can impact an organization’s risk and data management, as well as the total cost of risk.
For example, according to the survey of more than 400 risk professionals from 57 countries:
- The number one benefit and driving force behind the use of risk technology is accurate and reliable data. Companies use risk management information systems (RMIS) to manage business operations and generated accurate financial information.
- More organizations are now closely tracking return on investment (ROI) for risk technology tools. The study results revealed that more than 25 percent of those polled expect to save up to $50,000 per year from using risk/insurance and claims technology.
- Compliance is an emerging benefit of using risk management tools.
Based on the survey results, Aon eSolutions identified these top ten benefits of risk technology: (more…)