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RELATED SOLUTIONS
Enterprise Risk Management

WHY ENTERPRISE RISK MANAGEMENT?

External stakeholders – including rating agencies and regulatory agencies (i.e. as part of Solvency II and equivalence) – are explicitly taking into account the effectiveness of a company’s enterprise risk management (ERM) in their evaluations. This fact alone makes the need for ERM very tangible. But there is much more.

  • Using a systematic approach to identify and understand threats to the organization will result in better planning, decision making and governance.
  • Assigning employees at all levels distinct responsibility for addressing risk and giving them the tools to do so will result in more consistent execution of those plans and decisions.
  • Systematic processes to measure and mitigate risk can help reduce costs by lowering the likelihood and impact of unforeseen loss events and volatility of results. 

An effective ERM program extends beyond loss management and risk financing to the creation of value by helping an organization better assess and capitalize on opportunities.

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Contact person in Calgary 

   +1 403 261 4566

Contact person in Toronto

CONTACT DETAILS
Joe Beesack (Toronto)
Toll Free: +1 800 268 8532
Tel: +1 416 368 9641
Email: joe.beesack@willistowerswatson.com