Ungerboeck, a St.Louis-headquartered provider of event management software, has acquired risk management agency Reliance Risk.
Risk management is essential for venues and event planning, especially as the industry continues to deal with issues caused by the COVID-19 pandemic, terrorism, accidents and severe weather.
The acquisition means that Ungerboeck will now be able to offer a new solution in the form of Risk Manager by Underboeck. This is because it can utilise two Reliance Risk products, RiskSense101 and VRM360.
Venues and event organisers will be able to gain a better understanding of threats and to help them be proactive when it comes to potential issues.
Wayne Middleton, founder of Risk Sense Technologies and co-developer of the new application, said: “The unique nature of events dictates the need for a customised, simple, but powerful technology solution to help mitigate and monitor risk.
“We have built this into Risk Manager by Ungerboeck and are grateful for the shared vision, passion, and global reach that Ungerboeck brings to help our industry manage risk.”
Middleton will stay in his current role as managing director of Reliance Risk, and as a risk management consultant.
Steve Mackenzie, executive vice-president of Ungerboeck, added: “Over the past few years, several events have become major headlines for all the wrong reasons.
“Think of the Manchester Arena bombing, the shooting in Las Vegas, or the Astroworld crowd incident. By offering this tool, we are ensuring venue and event operators are equipped to identify potential risks and produce the necessary tasks and reports to back up the process.”
Image: ActionVance on Unsplash
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