Business Details
Integrated Risk Management Software Solutions
Riskonnect is the leading integrated risk management software solution provider dedicated to transforming how organizations perceive and manage risk. Founded on the principle that risks are inherently interconnected, the company developed an automated platform to break down siloed risk management practices and enable holistic organizational responses. With over 2,000 clients across six continents, Riskonnect combines innovative technology with industry best practices to deliver true value through solutions like claims management, policy administration, and business continuity. The company emphasizes customer-centric partnerships, global support availability, and sustainable practices while maintaining a commitment to social impact and technological advancement.
Services
Integrated Risk Management
Claims Management
Policy Administration
Business Continuity
Risk Analytics
Compliance Management
IT Risk Management
Third-Party Risk
Enterprise Risk
Project Risk
Highlights and features
- We offer integrated risk insights that reveal organizational risk relationships for confident decision-making
- Our team includes 800+ risk management experts with decades of industry-specific experience
- We provide 24/7 global support with data centers and multilingual capabilities
- We deliver dedicated customer success teams for implementation and ongoing optimization
- We maintain the only true enterprise-wide integrated risk management platform
What people say
Exceptional support
Transformative impact
Comprehensive solutions
Improved efficiency
Regulatory compliance
Services
Integrated Risk Management
Our integrated risk management solution connects disparate risk domains through automation and analytics. This enterprise platform enables organizations to visualize risk relationships, streamline compliance, and enhance decision-making. By centralizing risk data across departments, we help businesses improve operational resilience and strategic planning while maintaining regulatory compliance.
Claims Management
Our claims management system automates insurance claim processing and improves accuracy through data integration. This solution reduces operational costs by streamlining workflows, enhancing data quality, and providing real-time analytics. Organizations benefit from reduced financial penalties and improved claims resolution times while maintaining compliance with regulatory requirements.
Business Continuity
Our business continuity solutions help organizations develop and maintain resilience programs through proprietary methodology. The BCOS model strengthens core elements of continuity planning while ensuring regulatory compliance. Features include cyber-response planning, business impact analysis, and scenario testing to minimize operational disruptions and financial impacts.
Risk Analytics
Our analytics suite provides interactive dashboards with visualization techniques for risk assessment. Features include bow tie analysis, Monte Carlo simulations, and ESG reporting tools. These solutions help risk professionals communicate complex data to stakeholders while identifying patterns and predicting potential business impacts through advanced modeling.
Compliance Management
Our compliance solutions automate regulatory reporting and ensure adherence to jurisdictional requirements. The platform includes pre-built templates for state forms, CMS reporting, and NCCI data calls. With proactive monitoring of legislative changes, organizations maintain compliance while reducing administrative burdens and avoiding financial penalties.
People
Jim Wetekamp
Chief Executive Officer
Jim Wetekamp leads Riskonnect's strategic vision as CEO, bringing extensive experience in risk management technology. He drives innovation in integrated risk solutions while maintaining customer-centric growth strategies.
Michael Cannon
Director, Risk Management
Michael Cannon serves as Risk Management Director at Royal Caribbean Cruises Ltd., implementing Riskonnect's solutions for comprehensive risk management across global operations.
Questions
What industries does Riskonnect serve?
Riskonnect serves healthcare, energy, retail, manufacturing, financial services, government, and other sectors with tailored risk management solutions.
How does Riskonnect handle global compliance requirements?
Our platform includes pre-built templates for 35+ languages and jurisdictions, with proactive monitoring of regulatory changes across multiple countries.
What implementation options are available?
We offer three implementation approaches: Essentials for rapid deployment, Pro Configuration for tailored solutions, and Tailored Configuration for complex enterprise needs.
How does Riskonnect ensure data security?
We maintain SOC 1 Type II compliance with regular audits, encrypted data transmission, and secure data centers across multiple global locations.
What support options are available?
Riskonnect provides 24/7 global support through success managers, technical engineers, and customer care teams with multilingual capabilities.
Can the platform integrate with existing systems?
Our solutions offer API integration, data transformation services, and compatibility with third-party systems for seamless workflow implementation.