Depending on the degree of ERM maturity in a business, there will be a higher or lower degree of connectivity between ERM teams and insurance managers. Using Crisis Management as an example, the session will show how the work carried out by Crisis Team members can have a bearing on crime, terrorism, crisis management, malicious attack, Kidnap Ransom Extortion and other policies. With effective collaboration between risk managers and their ERM colleagues, premium savings can be achieved, product selection will be enhanced, and a higher-degree of underwriter-understanding and relationship enhancement will be the outcome.
Relevant for:
Learning objectives:
Speakers:
Gareth Bateman is the head of SIR for Hiscox Special Risks.