732.395.4250
In our previous post, Taking a Closer Look at Enterprise Risk Management, we introduced Enterprise Risk Management (ERM) as a strategic discipline that affords a “portfolio” view of all threats and opportunities throughout an organization. We contrasted ERM with the traditional “silo” approach to risk management, where various parts of an entity manage their risks with no overarching risk management strategy.
Topics: Enterprise Risk Management (ERM), Enterprise Risk Management, ERM, Portfolio View of Risk, Risk Management Committee, Risk Management Blog, Subject Matter Expert Group
We manage more than a quarter billion dollars of premiums for a diverse range of clients around the globe.
Our areas of expertise include:
The ALS Group - New Jersey
175 Main Street,
Woodbridge, NJ 07095
Tel: +1.732.395.4250
There’s Value in Measuring the Total Cost of Risk
In these challenging economic times, having a lower TCoR can not only give a company a competitive edge but also improve its bottom line by affording it the ability to pursue opportunities their peers may not be able to.