Emerging liability risks are a constant threat to all industries selling products or services and to the insurers protecting them.
Big businesses and industries worldwide dread another “asbestos situation”. The dreadful lung problems caused by asbestos resulted in massive commercial damages in the form of lawsuits totaling more than $200 billion. From a business perspective, risk in new operations and products is enormous, and big companies are constantly watching for the next asbestos scandal among their risks. Get ready for the biggest and best R&B and soul tracks of the last few years right up to now. Put on our massive playlist and let’s get this party lit!
We’ve got huge R&B smashes from Rihanna, Drake, Ciara, Usher, Bruno Mars, The Weeknd and PARTYNEXTDOOR for your urban spins. Those of you who love the ultra relaxed grooves also have a wealth of new classics here from Guordan Banks, dvsn, Maxwell, Alicia Keys, Solange and Frank Ocean. The power and popularity of wearable technology as a generator of health data and the developing potential of genomics are well-discussed issues in the insurance industry. The sharing economy and shifting social factors also mean people visualise risk in new ways.
Insurers want to offer security in ways that appeal to these emerging customer demands. But they are faced with myriad potential practical steps they could take. For some time, businesses had struggled with finding effective ways to manage the life cycles of their products, from inception and design to manufacturing and service. The rapidly increasing complexity of products and global competition are now motivating them to change.
Many implemented early product data management systems 20 years ago, but now grapple with out-of-date technology. “These systems were really designed just to manage data from computer-aided design and don’t address the electronics or embedded software in today’s products,” explains Peter Schroer, chief executive of product lifecycle management (PLM) firm Aras. Love the 80s? We’ve got the most brilliant chilled, easy 80s ballads in our fantastic playlist!
The 1980s was a time of enormous change and experimentation in music, and is often maligned for being so radically different from prior decades. But it was also home to some of the greatest easy pop tunes. In recent decades, many companies have turned to business process outsourcing, offshoring their repetitive tasks to enable staff to focus on high-value activities.
Among Fortune 500 companies, however, it is estimated that every year billions are still lost from inefficiency, and the causes of this can be found in the organizational data and knowledge that remain uninvestigated. This unused information, or “dark data”, resides within every company in its enterprise resource planning systems and other applications. |
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