Deductibles by ClearRisk Inc. takes some basic information such as claims history, insurance-deductible and insurance-premium options and calculates for risk managers the deductible option that would give the client an optimal cost of risk (free, in iTunes).

Breach Report records compliance or procedural breaches within an organization, noting their individual impact and frequency. The app keeps information on the date the event was discovered, how it was identified, how long it lasted and whether it incurred any losses. It also enables users to email a report from their iPhone or iPad ($2.99, in iTunes). 

Strategy and Risk Studio allows risk managers to map and monitor their company's key risk, performance and control indicators, as well as assign risk accountability to other parties. Additionally, it provides step-by-step guidance on creating, documenting and sharing models for best practices. ($25.99, for iPad).

The Risk Calculator Chart Tool helps automatically calculate and chart risk using data input by the user, automatically generating risk charts for visual presentations. It organizes risk by name, severity and likelihood and plots business exposures on a color-blocked spectrum ranging from green to red, or from least-severe to most-severe liability ($0.99, in iTunes).

The Marsh Risk Management Research iPad app is a wide-ranging database featuring research, analysis and white papers on modern businesses risks such as catastrophe and cyber exposures. The application tracks each country's exposure landscape as it fluctuates over time. Other features include downloadable versions of all Marsh Risk Management Research reports and quarterly briefings highlighting changes in insurance rates worldwide (free, in iTunes).

Aon's WorldAware app is for risk managers and other insurance professionals who may be visiting the world's more dangerous destinations. The app compiles travel information regarding currency, situational advisories, emergency telephone numbers and customs contacts, an embassy GPS locator, and transportation and communication info. It also goes beyond the essentials with a global satellite map of each country with a corresponding risk rating of harm due to street crime, terrorism, kidnapping and other sources of instability ($0.99, in iTunes).

No sweet tooth for Apple? Here's an ERM app for Google users: Risk Decision Tree, a graph-based decision-making tool that maps risk-mitigation strategies and their possible outcomes, showing the enterprise value or loss that could arise. While nothing fancy, the app does allow the customer a clear, simplified visualization of the consequences of tough choices ($14.95, Google Apps Marketplace).