Riskonnect, the leader in integrated risk management (iRM) solutions, today announces its naming as a leader in Redhand Advisors’ 2021 RMIS Report. Riskonnect was evaluated across a variety of product and user experience criteria and recognized for the strength of its solution offering and ability to deliver for customers.
“Risk leaders have become indispensable to their organizations over the past year. Our mission is to empower these practitioners with real-time and complete visibility to transform the way they manage risk and create value,” said Jim Wetekamp, Riskonnect’s CEO. “This recognition as a market leader is a testament to our team’s passion, dedication, and success in helping customers address the uncertainty and complexity that comes with today’s evolving risk landscape.”
Riskonnect secured top scores across all system capability categories, including “very strong” marks in claims management, enterprise risk management (ERM), and governance, risk, and compliance (GRC). The company also received “strong” scores in employee health and safety (EH&S), exposures, policy and insurance, reporting, claims administration, captive pooling, and healthcare. Riskonnect users highlighted a positive customer experience, system satisfaction, and the provider’s understanding of their needs.
“Riskonnect has made a substantial investment in its customer success strategy over the past year as evidenced by user survey feedback and net promoter scores (NPS),” cites the report.
Riskonnect is the largest RMIS solution provider in the market, with over 950 customers globally. The company acquired Marsh ClearSight in late 2018, making its solution the most comprehensive, global integrated risk management suite on the market. Riskonnect acquired Xactium, a UK-based GRC software provider in March 2020, to expand its risk intelligence, project risk management capabilities, and financial services expertise.
The 2021 RMIS Report is the only independent review of the RMIS market and vendors. The comprehensive analysis is designed to assist buyers in better understanding the marketplace and solutions available. The report encompasses independent RMIS providers, specialized tech providers, risk tech solutions, and the solutions offered by insurance carriers, third-party administrators, and brokers. Scoring is based on the expertise and experience of Redhand Advisors’ team and a survey of over 1,100 RMIS users. Survey results are independently calculated and verified.
Riskonnect is the leading integrated risk management software solution provider. Our technology empowers organizations with the ability to anticipate, manage, and respond in real-time to strategic and operational risks across the extended enterprise. More than 950 customers across six continents use our unique risk-correlation technology to gain previously unattainable insights that deliver better business outcomes. Riskonnect has more than 525 risk management experts in the Americas, Europe, and Asia. To learn more, visit www.riskonnect.com.