Account Manager Insurance Risk Management 
Fusion Risk Management
NOVEMBER 3, 2022
Defense costs in connection with an SEC investigation can exceed $1 million in order to defend individuals, directors, and officers – and indemnification insurance may not always cover the cost. Circling back to third-party risks, fines for violating sanctions can range from $90,000-$1.5
Fusion Risk Management
SEPTEMBER 12, 2022
Even if it is difficult to use that regulatory hammer to secure funding for budget to purchase technology, this should not stop a progressive organization from using effective risk management disciplines to run their programs and serve their customers. Ability to Procure Cyber Insurance.
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Fusion Risk Management
JUNE 23, 2023
The idea behind having an effective third-party risk management (TPRM) program is not a newfound concept. More than 14 years ago, the Federal Deposit Insurance Corporation (FDIC) introduced the first true risk-based approach to understanding and managing third parties.
Fusion Risk Management
AUGUST 18, 2022
If you are a risk and resilience leader at a TSP, below are three tips on how you can get started using your North Star for resilience to help your organization get ready for the new requirements. . Start with a risk assessment to determine how or if the DORA will affect your business as a covered financial entity or TSP .
Erwood Group
JULY 12, 2022
Insurance Contact Information. Risk Assessment Key Findings. Crisis Management Levels. You’ll certainly want to include contact information for the following: Facility Management Provider/Building Owner. Local Emergency Management Office Numbers – EOC. Risk Assessment Reporting. Key Contact Information.
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