As insurance executives, you understand the importance of mitigating risk and ensuring the safety of your clients. This is why the recent news of a two-week delay in the gun-buying background check process in Washington State should be of concern to you.

According to a news release by the Washington State Patrol, the delay was caused by a statewide computer system outage, which affected the Administrative Office of the Courts (AOC) and their ability to provide online services. This delay in background checks could have potentially allowed individuals with criminal records or mental health issues to purchase firearms, putting the public at risk.

The AOC has since restored their online services, and the State Patrol has resumed their secure automated firearms E-Check or SAFE system. However, this incident highlights the importance of reliable and efficient background checks in the gun industry.

As insurance executives, you have the power to make a difference by advocating for stricter regulations and implementing innovative solutions such as parametric insurance. With Riskwolf, you can turn real-time data into insurance, using unique real-time data and dynamic risk modeling to enable insurers to build and operate parametric insurance at scale. This can help mitigate the risk of gun-related incidents and protect the safety of your clients and the public.

It is crucial that we learn from this incident and take proactive measures to prevent similar delays and potential risks in the future. We cannot afford to take chances with public safety.

To learn more about the importance of reliable background checks and how Riskwolf can help mitigate risk in the gun industry, visit our website and get in touch with us today. Let’s work together to create a safer future for all.

Source: The Olympian