08/07/2021 You can’t do today’s job with yesterday’s methods and be in business tomorrow. George W. Bush. The usual expression is “better the devil you know than the devil you don’t”, and it also holds true with hidden operational risks and inefficiencies. Therefore, the Safety and Loss Prevention Audit, or in fact, when risks that remain undetected or are detected too late reveal themselves, comes with a price tag and at times a sharp price tag that is. It can even trigger crises at operating unit level or even at corporate level.
09/06/2021 Succeeding in the post-COVID era means reassessing Corporate Risk A more agile approach to risk management is needed post-COVID. Annual risk assessment should make way for continual ‘horizon-scanning’ for possible business threats. This level of preparedness and planning should permeate entire company cultures.
06/04/2021 “Traditional insurance brokers do one thing – sell insurance to businesses. This model is breaking down on a hard market. It takes a company with a risk management regimen in place to benefit from this. It may be a different way to approach the insurance business, but our clients are reaping the benefits of it.”
24/02/2021 Focusing on providing confidence that quality requirements will be fulfilled and risks will be addressed, at EXL Consulting we have been certified with ISO 9001:2015 Quality Management System.
15/01/2021 Protecting one’s data privacy has never been more critical as the COVID-19 pandemic has created dramatic changes to how we work, live, play and learn in 2020.
15/01/2021 As claims related to the economic fallout from the pandemic emerge in the Directors & Officers (D&O) liability insurance segment, insurers can expect the claims to take several years to pay out and underwriting losses to continue over the near term.
Insurance has helped business individuals in tough times to spread contingent risks across a large group of policyholders. The system has worked well for centuries allowing insureds to get back on their feet following an unforeseen catastrophic event.
In the article, published on Saturday, Jan. 18th, on the eve of a Libya peace conference in Berlin, Erdogan said the EU’s failure to adequately support the Government of National Accord (GNA) would be “a betrayal of its own core values, including democracy and human rights”.
Stavros back on the podium. This time drawing from his extensive experience and expertise in risk management and business continuity planning, addresses an audience of supply chain related professionals from across the field of supply, operations, logistics, production and distribution attending.
Navigating today’s business environment is a mammoth task. Tightening regulations, newly surfacing technologies, increasing shareholder activism, intensifying class action litigation activity, escalating merger objections and IPO activity and rising levels of public and governmental scrutiny, are all challenges for corporate directors and officers.
Businesses enter into numerous contractual agreements year after year that have both risk management and insurance implications.
On June 22, 2017, The New York Times carried an article whose headline said “A Cyberattack ‘the World Isn’t Ready For’”. It was about the IDT Corporation, which was attacked in April with two cyberweapons stolen from the National Security Agency.
Risk Management is about identifying risks and avoiding disruptions. Risk Management is about Efficiency. Risk Management is about Money. However, in the corporate jungle Money is someone else’s protected territory. The sign at the gate warns: Finance.
An efficient supply chain is one of the most underrated and misunderstood aspects of business management. Your supply chain, which can be quaint and local or multi-organizational and global, controls the flow of products and information and, therefore, the flow of capital.
Who would have imagined? At a time when the Dow Jones Industrial Average climbs above 15,000 for the first time and investor euphoria persists, trust in companies and their CEOs ranks near or at record lows.
The adverse impact of the domestic economic depression drives Greek companies to look for markets in neighboring countries and beyond.
The collapse of Enron and other corporate scandals in the early 2000s and ever since demonstrate how imprudent company cultures can lead to unethical practices and outright fraud.
The most common type of transaction insurance is Representation and Warranties (R&W) insurance, which targets the net liabilities facing parties in M&A deals.
In the world of business there are many misperceptions about directors and officers liability insurance
Some business executives believe that their general liability or umbrella business insurance policies will cover claims involving directors and officers. Not true.
Stavros Papagiannopoulos, CEO, EXL Consulting, Internationally Active in Supply Chain Risk Management Solutions to Contemporary Challenges
Following last year’s success Stavros Papagiannopoulos was invited back to the “Business Continuity & Supply Chain Conference”, organized by the Supply Chain Institute of Southeastern & Central Europe, that took place on October 14, 2015 in Athens Greece
2014 Deadliest Year for Terrorism Ever Recorded, Cyber threats Expanding: U.S. Intelligence Assessment
On Thursday, Feb. 26, James Clapper, the director of U.S. national intelligence, testifying on Capitol Hill said 2014 was the worst year on record for global terrorism, as he presented the annual worldwide threats assessment.
Papagiannopoulos, CEO, EXL Consulting, delivered the opening address on the subject of Supply Chain Risk Management, at the October 23, 2014 Congress on Supply Chain Trends: “Supply Chain: 10 Years Ahead”, organized by the Supply Chain Institute of Southeastern & Central Europe, in Athens Greece.
Are you looking for great names or for great talent? The old saying that you can’t get fired for hiring IBM is not longer valid. Organizations nowadays want top-level service less the overheads.
A top executive traveling for work in India took a weekend side trip with his wife to an idyllic island nearby. He suddenly fell ill with a fever, nausea and vomiting.
n May 2011, the e-coli outbreak in Germany caused 50 deaths, and well over 3,200 infections linked to contaminated vegetables. Of the infected, more than 800 were diagnosed with a severe form of intestinal illness, with possible long-term health effects.
Whether you’re looking for a comprehensive international health insurance plan for your family or you just want to cover the essentials for yourself, or if you’re a growing business with employees travelling regularly to new markets, or you have expats working around the globe, you are out for quality easy-to-manage health insurance at a clear price.