The document discusses the risks created by volcanic eruptions and how to manage them. It covers the background facts, including past incidents and affected organizations. The risks created are identified as impacts to travel policies, employee absences, customers, suppliers, finances, and reputation. The document recommends risk controls such as regularly monitoring conditions, reviewing policies, and investigating alternatives to travel.
The document reports on the annual general meeting of the International Credit Insurance & Surety Association (ICISA). It summarizes that trade credit insurance exposure and premiums increased in 2017 while claims decreased, and surety premiums and exposure also grew despite soft market conditions. Patrice Luscan was elected the new ICISA President. The meeting discussed topics like FinTech developments and their potential effects on the industry.
Aegon N.V. is one of the world's largest life insurance and pension companies, headquartered in The Hague, Netherlands. It was founded in 1983 and operates primarily in life insurance, investments, and pensions. In 2007, Aegon had total assets of €27.13 billion and employed over 30,000 people worldwide.
The document discusses managing health, safety, and fleet risks during difficult economic times. It warns that organizations may take their "eye off the ball" by cutting costs in risky areas. It recommends that companies identify all risks using an integrated process, ensure health and safety is a core value, learn what is really happening in the business, and focus risk controls to improve profits and reduce costs in the long run. Focused risk management can help companies retain employees and come through difficult times in better shape.
The Fleet Risk Profiler provides a system to assess and manage risks across an organization's fleet operations. It covers 16 risk factors across 8 areas of fleet risk. Users enter data on over 250 risk elements that are then analyzed to create a risk profile, compare risks across sites, and identify priorities for risk reduction. The goals are to improve safety, compliance and business performance through comprehensive risk management.
This document provides an overview of training and human resources solutions offered by Metamorphosis In-Corporate. They have a team of certified trainers who develop customized content and solutions across various areas including soft skills training, experiential learning programs, assessments, coaching, and HR solutions. Their 6 step solutioning process involves training need analysis, designing the solution, customizing content, trainer certification, solution delivery, and post-training analysis. They offer both classroom and experiential training programs focused on skills like leadership, communication, and stress management.
This document discusses target marketing strategies. It defines target marketing as combining market segmentation, targeting, and positioning to serve a specific target market. The key points are:
1. Target marketing involves evaluating market segments based on size, growth, and company objectives to select the most attractive segment(s) to target.
2. Common target marketing strategies include differentiated marketing targeting multiple segments separately, undifferentiated marketing targeting the whole market uniformly, and concentrated marketing focusing on one or a few segments.
3. The document provides examples of companies using differentiated marketing (Coca-Cola), undifferentiated marketing (salt), and concentrated marketing (jewelry stores).
The document reports on the annual general meeting of the International Credit Insurance & Surety Association (ICISA). It summarizes that trade credit insurance exposure and premiums increased in 2017 while claims decreased, and surety premiums and exposure also grew despite soft market conditions. Patrice Luscan was elected the new ICISA President. The meeting discussed topics like FinTech developments and their potential effects on the industry.
Aegon N.V. is one of the world's largest life insurance and pension companies, headquartered in The Hague, Netherlands. It was founded in 1983 and operates primarily in life insurance, investments, and pensions. In 2007, Aegon had total assets of €27.13 billion and employed over 30,000 people worldwide.
The document discusses managing health, safety, and fleet risks during difficult economic times. It warns that organizations may take their "eye off the ball" by cutting costs in risky areas. It recommends that companies identify all risks using an integrated process, ensure health and safety is a core value, learn what is really happening in the business, and focus risk controls to improve profits and reduce costs in the long run. Focused risk management can help companies retain employees and come through difficult times in better shape.
The Fleet Risk Profiler provides a system to assess and manage risks across an organization's fleet operations. It covers 16 risk factors across 8 areas of fleet risk. Users enter data on over 250 risk elements that are then analyzed to create a risk profile, compare risks across sites, and identify priorities for risk reduction. The goals are to improve safety, compliance and business performance through comprehensive risk management.
This document provides an overview of training and human resources solutions offered by Metamorphosis In-Corporate. They have a team of certified trainers who develop customized content and solutions across various areas including soft skills training, experiential learning programs, assessments, coaching, and HR solutions. Their 6 step solutioning process involves training need analysis, designing the solution, customizing content, trainer certification, solution delivery, and post-training analysis. They offer both classroom and experiential training programs focused on skills like leadership, communication, and stress management.
This document discusses target marketing strategies. It defines target marketing as combining market segmentation, targeting, and positioning to serve a specific target market. The key points are:
1. Target marketing involves evaluating market segments based on size, growth, and company objectives to select the most attractive segment(s) to target.
2. Common target marketing strategies include differentiated marketing targeting multiple segments separately, undifferentiated marketing targeting the whole market uniformly, and concentrated marketing focusing on one or a few segments.
3. The document provides examples of companies using differentiated marketing (Coca-Cola), undifferentiated marketing (salt), and concentrated marketing (jewelry stores).
The document discusses how to help clients effectively manage risks. It recommends that advisors (1) ensure clients understand the risks they face and have strong risk management processes, (2) provide timely advice and help on strategic, operational and management risks, and (3) protect clients from increased costs, fines and other negative impacts by promoting good quality, focused risk management.
The document describes a presentation given by John Stevens and Lawrence Bamber on enterprise risk management profiling and benchmarking for health, safety, and fleet risk managers. The presentation objectives are to think about internally and externally profiling an organization's risk and benchmarking risks across sites, divisions, and sectors. The presentation covers introducing risk profiling, understanding business drivers, directors' responsibilities, how to profile risks, and using the Fleet Risk Profiler tool to conduct risk profiling exercises.
Zimnat Lion Insurance Company is a wholly owned subsidiary of TA Holdings Limited that was formed through the 1999 merger of Zimnat Insurance and Lion of Zimbabwe. It offers a variety of insurance products such as motor, home, marine, property, engineering, personal accident, liability, and directors' and officers' coverage. The company has its headquarters in Harare and additional branches in Bulawayo, Gweru, and Mutare. It distributes policies through brokers and agents located across Zimbabwe.
Financial services face both physical and transitional risks regarding climate change. No matter what you believe to be true about climate science, the reality is that your bank must address it.
Best Practices in Applied Behavioral Financetnunnally
The program provides a basic understanding of the behavioral biases and emotional responses that often cause irrational financial decision-making. Participants will learn how to identify key risk factors in the decision making process and will be taught methods to help mitigate them.
Asim Mohammed has 38 years of experience in the insurance industry, including 35 years working with large multinational insurance brokers in the UK and US. He has extensive experience placing insurance policies for large Fijian and Pacific Island companies. He has held managerial roles with Marsh Fiji Limited and Aon Risk Services (Fiji) Limited, where he was responsible for client services, technical insurance, compliance, staff training, and business development. He has specialized expertise in various types of insurance including property, liability, marine, aviation, and more.
Computing Webinar - Creating a culture of risk managementSimon Perry
A presentation originally created for a webinar hosted by Computing Magazine, focusing on the question of how to create an effective culture of risk management within IT
Heading into 2020, The Risk Management Association is focusing on eight risks. Learn about the top risks the financial services industry faces and how you can address them.
The document describes resources that the Risk Management Association (RMA) is providing on its COVID-19 Resource Center for members. It includes crisis management tools prepared by experts, guidance on legislative and regulatory issues, articles from trusted sources, on-demand webinars, and information on how to access the resources. The goal is to help members use sound risk management principles during the pandemic.
This document outlines the agenda and key topics for a panel discussion on law firm risk management. The panel will discuss how to define risk, common legal risk types like IT, financial, and practice management risks. They will also cover the business benefits of effective risk management, differences between the UK and US risk environments, evolving risk roles in law firms, and future directions for the field. The discussion aims to provide three next steps firms can take to improve their risk management and will conclude with a question and answer session.
The document discusses the importance of compliance for organizations and their leaders. It notes that regulatory risk is one of the most significant risks businesses face today. The role of leaders is to demonstrate commitment to compliance through personal communication and addressing issues courageously rather than ignoring risks.
Conference 2010 Risk Appetite Includes Handouts And Outputliztaylor
The document discusses setting an organization's risk appetite, which is a combination of its risk capacity and risk tolerance. It explains that determining risk appetite involves multiple steps, including assessing the potential impacts of specific risks on the organization's business drivers, identifying risk thresholds, and developing qualitative and quantitative statements for the organization's risk appetite. The full process requires facilitated workshops and sign-off from the Board to fully establish the risk appetite statement.
Board Governance and Emerging Risks in the C21FERMA
On 10 July 2015 FERMA, ecoDa and AIG organised jointly a event in Brussels that brought together directors, risk managers and insurers from across Europe to share perspectives on the quality of the Risk conversation at Board level and to generate ideas for improving it.
Actor Chris Noth is spotlighting the importance of life insurance during Life Insurance Awareness Month. Noth's father and grandfather were both life insurance agents, and proceeds from his father's policy helped put Noth and his brothers through college after his father died in a car accident when Noth was nine years old. Noth will appear in public service announcements emphasizing that life insurance provides financial security for families, especially during difficult economic times. The nonprofit LIFE Foundation is coordinating the national awareness campaign during September, which is Life Insurance Awareness Month.
Reliance’s Risk Management Framework.pptxHarshith A S
Reliance Industries has an established risk management framework to identify, assess, and monitor risks across its diverse business operations. The framework uses a three lines of defense approach involving business managers, a risk management function, and internal audit. Key risks include strategic, financial, compliance, health and safety risks. Reliance oversees risks through board committees and maintains insurance policies. It aims to minimize risks of foreign exchange fluctuations, liquidity issues, and interest rate changes through its financial risk management.
This document provides an overview of risk assessment for small businesses using BeSMART.ie, an online tool developed by the Health and Safety Authority. It discusses understanding risk through identifying hazards, deciding and writing down controls, and telling workers. The 3 step risk assessment process involves identifying hazards, assessing risks and implementing controls based on severity and likelihood. Common hazards are identified for various industries along with their risks. Irish health and safety law requires risk assessment and a safety statement. BeSMART allows registering as a user to select a business type and complete hazard screens and control assessments to generate a final risk assessment and safety statement. Benefits include a safer workplace, reduced costs and time, and compliance.
Presentation to National Pest Management Association on Pest & Termite Control Equipment Safety. Reduce the risks of operating a pest control business.
The document discusses how to help clients effectively manage risks. It recommends that advisors (1) ensure clients understand the risks they face and have strong risk management processes, (2) provide timely advice and help on strategic, operational and management risks, and (3) protect clients from increased costs, fines and other negative impacts by promoting good quality, focused risk management.
The document describes a presentation given by John Stevens and Lawrence Bamber on enterprise risk management profiling and benchmarking for health, safety, and fleet risk managers. The presentation objectives are to think about internally and externally profiling an organization's risk and benchmarking risks across sites, divisions, and sectors. The presentation covers introducing risk profiling, understanding business drivers, directors' responsibilities, how to profile risks, and using the Fleet Risk Profiler tool to conduct risk profiling exercises.
Zimnat Lion Insurance Company is a wholly owned subsidiary of TA Holdings Limited that was formed through the 1999 merger of Zimnat Insurance and Lion of Zimbabwe. It offers a variety of insurance products such as motor, home, marine, property, engineering, personal accident, liability, and directors' and officers' coverage. The company has its headquarters in Harare and additional branches in Bulawayo, Gweru, and Mutare. It distributes policies through brokers and agents located across Zimbabwe.
Financial services face both physical and transitional risks regarding climate change. No matter what you believe to be true about climate science, the reality is that your bank must address it.
Best Practices in Applied Behavioral Financetnunnally
The program provides a basic understanding of the behavioral biases and emotional responses that often cause irrational financial decision-making. Participants will learn how to identify key risk factors in the decision making process and will be taught methods to help mitigate them.
Asim Mohammed has 38 years of experience in the insurance industry, including 35 years working with large multinational insurance brokers in the UK and US. He has extensive experience placing insurance policies for large Fijian and Pacific Island companies. He has held managerial roles with Marsh Fiji Limited and Aon Risk Services (Fiji) Limited, where he was responsible for client services, technical insurance, compliance, staff training, and business development. He has specialized expertise in various types of insurance including property, liability, marine, aviation, and more.
Computing Webinar - Creating a culture of risk managementSimon Perry
A presentation originally created for a webinar hosted by Computing Magazine, focusing on the question of how to create an effective culture of risk management within IT
Heading into 2020, The Risk Management Association is focusing on eight risks. Learn about the top risks the financial services industry faces and how you can address them.
The document describes resources that the Risk Management Association (RMA) is providing on its COVID-19 Resource Center for members. It includes crisis management tools prepared by experts, guidance on legislative and regulatory issues, articles from trusted sources, on-demand webinars, and information on how to access the resources. The goal is to help members use sound risk management principles during the pandemic.
This document outlines the agenda and key topics for a panel discussion on law firm risk management. The panel will discuss how to define risk, common legal risk types like IT, financial, and practice management risks. They will also cover the business benefits of effective risk management, differences between the UK and US risk environments, evolving risk roles in law firms, and future directions for the field. The discussion aims to provide three next steps firms can take to improve their risk management and will conclude with a question and answer session.
The document discusses the importance of compliance for organizations and their leaders. It notes that regulatory risk is one of the most significant risks businesses face today. The role of leaders is to demonstrate commitment to compliance through personal communication and addressing issues courageously rather than ignoring risks.
Conference 2010 Risk Appetite Includes Handouts And Outputliztaylor
The document discusses setting an organization's risk appetite, which is a combination of its risk capacity and risk tolerance. It explains that determining risk appetite involves multiple steps, including assessing the potential impacts of specific risks on the organization's business drivers, identifying risk thresholds, and developing qualitative and quantitative statements for the organization's risk appetite. The full process requires facilitated workshops and sign-off from the Board to fully establish the risk appetite statement.
Board Governance and Emerging Risks in the C21FERMA
On 10 July 2015 FERMA, ecoDa and AIG organised jointly a event in Brussels that brought together directors, risk managers and insurers from across Europe to share perspectives on the quality of the Risk conversation at Board level and to generate ideas for improving it.
Actor Chris Noth is spotlighting the importance of life insurance during Life Insurance Awareness Month. Noth's father and grandfather were both life insurance agents, and proceeds from his father's policy helped put Noth and his brothers through college after his father died in a car accident when Noth was nine years old. Noth will appear in public service announcements emphasizing that life insurance provides financial security for families, especially during difficult economic times. The nonprofit LIFE Foundation is coordinating the national awareness campaign during September, which is Life Insurance Awareness Month.
Reliance’s Risk Management Framework.pptxHarshith A S
Reliance Industries has an established risk management framework to identify, assess, and monitor risks across its diverse business operations. The framework uses a three lines of defense approach involving business managers, a risk management function, and internal audit. Key risks include strategic, financial, compliance, health and safety risks. Reliance oversees risks through board committees and maintains insurance policies. It aims to minimize risks of foreign exchange fluctuations, liquidity issues, and interest rate changes through its financial risk management.
This document provides an overview of risk assessment for small businesses using BeSMART.ie, an online tool developed by the Health and Safety Authority. It discusses understanding risk through identifying hazards, deciding and writing down controls, and telling workers. The 3 step risk assessment process involves identifying hazards, assessing risks and implementing controls based on severity and likelihood. Common hazards are identified for various industries along with their risks. Irish health and safety law requires risk assessment and a safety statement. BeSMART allows registering as a user to select a business type and complete hazard screens and control assessments to generate a final risk assessment and safety statement. Benefits include a safer workplace, reduced costs and time, and compliance.
Presentation to National Pest Management Association on Pest & Termite Control Equipment Safety. Reduce the risks of operating a pest control business.