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Today, every risk manager today must do "more with less." Yet risk exposures are increasing at the same time that risk management resources are probably diminishing. Costs continue to rise. It's a situation that probably won't change in the coming. How can you cope? How well do you manage your risk-related costs?

"Total Cost of Risk" has been a risk management concept that, when used effectively, aims to ferret out inefficiencies and help risk management identify the resources that provide the most benefit to an organization.

In this webinar we update the concept of Total Cost of Risk, look at how it can be used effectively within your organization and explain the most recent improvements that can help risk managers assess, manage, measure and benchmark the effectiveness and performance of corporate risk management.

We will also look at the use of Total Cost of Risk in the day-to-day operation of PotashCorp's risk management and workers' compensation program.

Who should attend:

-- Risk Management Executives
-- Brokers
-- CFOs
-- Directors of Insurance
-- Risk Finance Executives
-- Insurance Carrier Executives
-- Risk Management Consultant
-- CEOs
-- Claims Managers/Administrators
-- Loss Prevention/Safety Administrators

Is China the next supply chain disaster in the making?

North American companies are generally far more dependent on China as a supplier then they are Japan or Thailand.

Yet should a calamity the magnitude of the earthquake and tsunami in Japan or the flooding affecting Thailand occur on the East Coast of China, 60 percent of that country's economy is at risk; exposed as those production centers are to windstorm, earthquake and flood damage.

Much of China's East Coast industry is also located at or below sea level, adding to its vulnerability to flooding. There is also serious concern as to whether risk management in China is advanced enough to protect its manufacturers and their supply chains.

Insured losses from the flooding in Thailand could double the $5 billion government estimate. And to date, 80 percent of the losses from natural disasters globally in 2011 have been registered in Asia Pacific.

China, Asia's largest economy, could very well be next in line for a major loss and supply chain disruption that would dwarf all previous disruptions.

This Risk & Insurance® webinar will present new intelligence from FM Global senior vice president Ken Davey on supply chain exposures in China and include strategies from Georgia Tech operations management professor Vinod Singhal on ways to combat these exposures while creating buy-in from senior management.

With the addition of huge, new ocean-going cargo and passenger ships, exponential increases in marine Hull, Cargo, and Liability exposures are on the horizon.

The risks are broad-based. For example, it will not be unusual for the probable maximum loss for a single event such as the collision of two of the new cargo vessels, will be in excess of $1 billion.

Nor are the risks confined to ships. Major changes and investment in ports in the US and worldwide will have a significant impact on changing marine risks.

This webinar will look at the major potential and expected risks, the loss prevention strategy of both ship owners and insurers, along with the increasing number of emerging, marine risks. In fact, many marine insurers believe the technology of the transportation industry has outpaced the ability of the insurance industry to respond.

In the near future, it's expected that unanticipated catastrophic loss exposures will mount. Will the insurance industry be ready?

Space is limited, so register today!

Predictive analytics, urine analysis and behavioral screening, along with the development of a "smarter" or "better" pill, are some of the new ways the workers' comp industry is looking to control the use and abuse of narcotics.

Abuse of narcotics and other addictive opiates has become epidemic in workers' comp as injured workers initially prescribed painkillers on a temporary basis to help them return to work become addicts.

We'll examine the capability of these new techniques to be part of a broader trend of increasing sophistication in workers' comp in managing spiraling pharmacy costs.

Please join us for what is sure to be an informative event.

Space is limited, so register today!

The recent widespread devastation along the East Coast from Hurricane Irene reminds us that we are in the teeth of the Atlantic hurricane season. And Irene, which caused 46 deaths in 13 states and billions of dollars in property damage and business interruption, sent a clear message that hurricane season isn't just an annual six-month period for businesses and residents in the Caribbean and along the Florida coast to be prepared for. We are all vulnerable, from Key West to New England. Remember this latest storm caused severe disruption to New York City and inland areas of Vermont. Tropical storm intensity and frequency in the Atlantic has picked up significantly since 2004, and weather experts and scientists predict that will continue. We'll explain why. Take heed corporate risk managers, and don't be complacent. We'll discuss how risk managers should assess the long-term risks to their organizations and the necessary steps they need to take to fortify their properties to lessen a storm's impact and protect their supply chains from costly upheaval.

Who should attend:

-- Risk Managers

-- Brokers

-- Claims Managers

-- Insurance Carriers

-- Supply Chain Managers

-- Emergency Management Officials

The use of a highly refined formulary structure specific to workers' compensation prescriptions is a critical strategy in allowing payers to more effectively control escalating drug costs and utilization. On September 1st the State of Texas implemented their newly adopted "closed formulary" which is based on the Official Disability Guidelines (ODG) in an effort to implement a structure built on evidence-based guidelines.

This webinar will examine the structure and immediate impact the guidelines may have on prescribing patterns and drug costs while also exploring how insurance payers may benefit from applying a similar approach to their entire pharmacy benefit management program.