Risk professionals are involved in just about everything these days, and like it or not, their visibility has skyrocketed. While this can be a good thing in any career, unfortunately the catalyst has been the recent financial mess, with risk management and enterprise risk management in some cases taking unfair blame.
As a result, risk managers I speak to say they meet regularlyor at least supply requestedinformationwith their board of directors to field questions about insurance purchases and insurer solvency. That means a lot of preparation and financial knowledge.
In other words, the pressure is on.
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