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Businesses that thrive in 2019 and beyond pair robust data with "alternative risk solutions," according to the 16th Annual Excellence in Risk Management report released this week by Marsh, the global insurance broker and risk manager, and RIMS, the risk management society®, which just wrapped up its mammoth Annual Conference in Boston.

"By effectively marshaling data and risk modeling tools, organizations can better understand changes in their risk profiles and risk bearing capacity allowing them to access the opportunities presented by the growing levels of capital available for risk finance," Brian Elowe, Marsh's North American chief client officer, said in a press release.

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Elana Ashanti Jefferson

Elana Ashanti Jefferson serves as ALM's PropertyCasualty360 Group Chief Editor. She is a veteran journalist and communications professional. Reach her by sending an e-mail to [email protected].