LogicManager On-Demand Webinar:

Ratings & Regulators

Protect your AM Best Rating: Effective ERM

Both AM Best and the NAIC continue to put increasing focus on the importance of an effective Enterprise and Operational Risk Management program as a component of an insurer’s overall risk management framework.

By adopting a best-practice ERM framework, you can prepare your organization for both your next AM Best Rating and your NAIC’s ORSA Reporting requirements. Plus, you’re protecting your organization’s reputation, risk-adjusted capital, and long-term success.

Watch this video to learn actionable steps to tackle ERM at your organization.

We’ll also discuss trending topics such as the Coronavirus and what insurers should be doing now to prepare.

Presenter: LogicManager CEO, Steven Minsky.
Mr. Minsky is a recognized speaker and a certified instructor on the subject of ERM.

Topics Covered in this Webinar:

  • Risk Culture & Governance – The tone from the top, what boards of directors expect from ERM
  • Risk Identification & Prioritization – The critical first step, how to take a root cause approach that maximizes the value of your risk assessments
  • Risk Appetite and Tolerance Statements – One of the most challenging tasks for risk managers, how to use assessment scores to develop your tolerance levels, and then align risk appetite with day-to-day activities
  • Risk Monitoring, Controls, Action Plans – Testing vs. Metrics, how to select Key Risk Indicators and correctly orient mitigation activities
  • Risk Reporting and Communication – Demonstrate your program’s value with mature risk reporting
  • Business Continuity Planning – Using covid-19bps as the case study