Deloitte Advisory and/or Audit Firm
Protecting Your Capital Against Risk (2007) resource Articles OCEG Reviewed
ERM is a decision-making process based on principles of risk and reward that spans across all of the firm's operations. When implemented effectively, ERM ensures appropriate capitalization and provides for controlled risk-taking. It positions the firm to take advantage of attractive business opportunities while at the same time identifying and avoiding unattractive pursuits.
OCEG for Technology marketing
Overview of Enterprise Risk Management (2003) resource White Papers Member contributionOCEG Reviewed
Organizations have long practiced various parts of what has come to be called enterprise risk management. Identifying and prioritizing risks, either with foresight or following a disaster, has long been a standard management activity. Treating risks by transfer, through insurance or other financial products, has also been common practice, as has contingency planning and crisis management.
Enterprise Risk Management Can Help U.S. Commercial Lines Insurers Ward Off Irrational Pricing (S&P, 2007) resource Research / Studies Member contributionOCEG Reviewed
Standard & Poor's considers the ability of insurers to understand and manage their risks to be of increasing importance in the intermediate term. Although pricing is a key consideration in the enterprise risk management (ERM) process, the evaluation of terms and conditions and changes in exposure at risk are also significant issues to be analyzed.
Federation of European Risk Management Associations (FERMA) resource Organizations & Associations Member contributionOCEG Reviewed
FERMA exists to widen and raise the culture of Risk Management throughout Europe to its members and to the risk management and insurance community. It achieves its aims by promotion and raising awareness of risk management through the media, by information sharing, educational and research projects.