Institutional knowledge lost in workflow handoffs is the cost of tribal knowledge leaving with the employee, taking years of undocumented judgment out the door in a single exit.
Disconnected point solutions create a form of operational exposure boards rarely see directly, but it belongs in the same risk conversation as any other control gap.
Reporting cycles that take weeks instead of days quietly erode return on capital, because capital gets allocated and held against a picture of risk that is already out of date.
When reporting cycles that take weeks instead of days are the norm, the board is reviewing risk that already changed weeks ago, not the risk the reinsurer actually carries today.