Richard Victor

Dr. Richard A. Victor is a senior fellow with the Sedgwick Institute. He is the former president and CEO of the Workers Compensation Research Institute (WCRI), an independent, not-for-profit research organization that he founded.

Most Recent

Threats, Openings for Workers' Comp

Richard Victor

What if external factors overwhelm the workers' comp system's century-old ability to balance the rights of employees and employers?

All Articles

Are Workers' Comp Systems Broken?

Richard Victor

Here is a summary of research on how injured employees fare in workers' compensation systems.

How Crucial Is Trust in Workers' Comp?

Richard Victor

Absolutely crucial: A WCRI study found that fear of being fired was associated with four additional weeks for the employee on disability.

Six Things

Beware the Algorithm!

By Paul Carroll

Lawyers and consumer advocates are demonizing algorithms any time a decision goes against a policy holder. Let's talk about them less.

How to Navigate Social Inflation

Facing increasingly complex claims, insurers must modernize, shift their cultures to prioritize efficiency and empathy, and seek legal reforms. 

Managing Loss Control With Location Intelligence

By combining historical aerial imagery, property condition data, and AI, insurers can optimize underwriting, inspections, and fraud reduction.

A Practical Approach to AI in Insurance

Insurers can use AI to solve specific problems without causing major disruptions.

AI in Insurance: Balancing Innovation and Caution

AI's potential to transform insurance clashes with the industry's risk-averse nature, creating a complex landscape for insurers to navigate.

Why Obesity Rates Won't Stop Rising

The government must partner with organizations and insurers to increase the availability of obesity medications.

How Business Rules Engines Can Slash Time to Market

The systems streamline the management of business rules, letting insurers adapt swiftly and efficiently without the need for intervention by IT. 

The Future of Risk

Richard Victor

Most Recent

Threats, Openings for Workers' Comp

All Articles

Are Workers' Comp Systems Broken?

How Crucial Is Trust in Workers' Comp?

Beware the Algorithm!

How to Navigate Social Inflation

Managing Loss Control With Location Intelligence

A Practical Approach to AI in Insurance

AI in Insurance: Balancing Innovation and Caution

Why Obesity Rates Won't Stop Rising

How Business Rules Engines Can Slash Time to Market

How Brokers Can Optimize Their Carrier Strategies

The Five Things Agencies Must Do Before the Hard Market Ends

Beyond Silos: Strengthening Operational Resilience with Integrated Risk Management

A Novel Approach to Curbing Healthcare Costs

Realignment in Insurance: Business Models, Product, Value-Added Services

Geospatial Technology Helps Combat Wildfire Threat

How to Tackle Key Insurance Claims Challenges

Why Obesity Rates Won't Stop Rising