Managing Risks and Opportunities

Posted by The ALS Group on Sep 23, 2020 1:25:00 PM

The idea for this blog was conceived by Marshall Ma, who joined The ALS Group as a Risk Management Intern and now provides support on client accounts as Technical Analyst, based on the Chinese ideogram for “crisis”. It just happens that Marshall is fluent in Mandarin and is passionate about risk management. She is an Enterprise Risk Management Graduate and Lecturer at Columbia University. While at Columbia, Marshall spent a lot of time working on campus educating her peers and supporting industry outreach. She also participated in risk assessment and mitigation for the campus’ internal Career Design Lab.

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Topics: Enterprise Risk Management (ERM), Human Capital Risk, Risk management, Risk Management Blog, Total Cost of Risk (TCoR), what is total cost of risk, what is erm, what is risk management, risk management internship

The Transition Back to the Office

Posted by The ALS Group on Sep 8, 2020 2:57:54 PM

As restrictions due to COVID-19 are slowly lifted, many businesses that have been, either, shut down or had their employees work remotely, are thinking of when and how to re-open and bring their workforce back safely. One of the biggest challenges facing business owners making this type of decision, is how does one manage this new, challenging and invisible risk (risk of COVID transmission), while ensuring your team’s productivity remains high.  

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Topics: Human Capital Risk, The ALS Group, pandemics, COVID-19, work from home, how to have a safe workplace, back to work

NY Employer Alert: NEW Sexual Harassment Training Requirements Going Into Effect

Posted by The ALS Group on Aug 1, 2019 10:32:42 AM

On October 9, 2018, NYS and NYC Governments enacted an anti-sexual-harassment law that carries pretty stringent requirements relating to employers’ anti-harassment policies and training. These labor laws have been revised and training requirements have been put in place by the Department of Labor in consultation with the Division of Human Rights. Originally, training was required by January 1, 2019 but, after some push back, the deadline was extended until October 9, 2019.

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Topics: Employment Practices, Human Capital Risk, Human Resource Management, Risk management

Hospitality Industry Challenges & Risks

Posted by Nick Sica on Mar 25, 2019 3:34:40 PM

As the Hospitality industry continues to experience growing activity amidst a strong economy, there are, inherently, challenges that must be continuously addressed and improved on to ensure customers keep coming back. Identifying challenges and solutions to those challenges is one aspect of avoiding pitfalls, but an often overlooked perspective is the risk(s) to which those challenges could, ultimately, lead.

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Topics: Claim Reporting, Human Capital Risk, Insurance, The ALS Group, Total Cost of Risk, COVID-19, total cost of risk analysis, hospitality risks, what is risk management, hospitality industry

The ALS Group

Risk Management Blog

We manage more than a quarter billion dollars of premiums for a diverse range of clients around the globe. 

Our areas of expertise include:

  • Enterprise Risk Management (ERM)
  • Cyber Security & Cyber Liability Insurance
  • Construction Management
  • Customized Risk Management Assessments (RMAs)

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