Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
As AI systems rapidly scale across sectors, organizations face rising risks-from algorithmic bias and deepfake fraud to regulatory non-compliance and intellectual property theft. Smart Online Course, in partnership with the Risk Management Association of India (RMAI) offers Online Certificate Course Read More …
Hospitals grapple with fragmented patient data, especially in intensive care units (ICUs), where rapid deterioration and high complexity demand real-time situational awareness. In an article on MedCity News, Shane Cooke highlights how artificial intelligence (AI) and large language models (LLMs) Read More …
Willis Towers Watson (WTW) has launched ‘Captive Fit,’ a new digital tool designed to help businesses evaluate the viability of establishing a captive insurance company as part of their risk management strategy. The solution aims to streamline the decision-making process Read More …
Risk is a part of life—and business is no exception. From financial losses to cyberattacks and supply chain delays, companies face risks every day. So how do smart businesses prepare for the unexpected? Enter Enterprise Risk Management (ERM)—a powerful system Read More …
SWOT as a Strategic Risk Lens Risk management is often reactive. SWOT makes it proactive. It gives teams a structured way to connect strategic thinking with risk mitigation, ensuring that decisions are informed by a complete picture of internal and Read More …
Operational risks are the day-to-day hazards that can silently erode a business—from small missteps to major breakdowns. These aren’t the headline-grabbing financial crashes or marketing fails. Instead, they’re the behind-the-scenes threats like a server crash, a missed regulation update, or Read More …
In business, making bold decisions isn’t about being reckless—it’s about knowing your limits and understanding the risks you’re willing to take. That’s where risk appetite and risk tolerance come into play. These two concepts form the backbone of good risk Read More …
Every organization faces a universe of potential threats—but not all risks are created equal. Some may cause slight delays; others can bring operations to a standstill. The ability to assess and prioritize risks is what enables organizations to move from Read More …
A few years ago, our company faced what we thought was a worst-case scenario. One of our key suppliers suddenly shut down. A new regulation changed how we handled client data. Then a ransomware attack locked us out of our Read More …
Introduction Risk assessment is a fundamental component of a company’s risk management strategy. It involves identifying, evaluating, and prioritizing risks to mitigate their impact on business operations and objectives. Effective risk assessment helps companies anticipate potential threats, allocate resources efficiently, Read More …