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Strategic Risk Management

LogisManager

Strategic Risk Management Last Updated: December 19, 2023 Strategic Risk Management (SRM) is integral to navigating the complexities of today’s business landscape and securing long-term objectives. What Is Strategic Risk Management? How Do Strategic Risks Differ From Tactical Risks?

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Strategic Risk Management

LogisManager

Strategic Risk Management Last Updated: December 19, 2023 Strategic Risk Management (SRM) is integral to navigating the complexities of today’s business landscape and securing long-term objectives. What Is Strategic Risk Management? How Do Strategic Risks Differ From Tactical Risks?

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How Insurance Companies Can Align with the NAIC 2024 Strategic Priorities using ERM

LogisManager

How Insurance Companies Can Align with the NAIC 2024 Strategic Priorities using ERM Last Updated: March 7, 2024 What are the NAIC Strategic Priorities for 2024? Every year, the NAIC announces its strategic priorities to address the most pressing issues affecting consumers, the insurance sector, and markets.

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These 8 Risk Domains Are the Meat and Potatoes of Risk Management 

MHA Consulting

As a practical activity, enterprise risk management (ERM) centers on eight distinct risk domains, some strategic and some operational. With respect to this process, the total landscape of risk that is assessed and mitigated can be divided into eight risk domains. Risk management is not one-size-fits all.

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AI Integration: A Strategic Asset for Chief Risk Officers

Solutions Review

Diligent’s Brian Stafford offers insights on AI integration and why it is a strategic asset for chief risk officers. Today’s businesses face an increasingly complex risk landscape due to fluctuating market conditions, regulatory and compliance requirements, geopolitical risks, high federal interest rates, the list goes on.

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5 Effective Strategies to Mitigate Market Risk

Reciprocity

Market risks” are risks specifically related to investments. These risks are defined by the behavior of the market overall, and can be caused by factors unrelated to your line of business. Really, any market fluctuations in any area might potentially affect your company’s investments. What Is Market Risk?

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Know Your Risk: Managing an Expanding Universe of Uncertainty

Fusion Risk Management

Risk management is typically discussed under two categories: Governance, Risk, and Compliance (GRC) or Integrated Risk Management (IRM). Now that we have established a baseline around industry concepts, some risk perspectives have become center stage in the past few years. Strategic risk.