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Evaluating Human Capital Risk: A Titanic Effort

The Titanic's demise makes a case for ERM today and why staff and workflow management should be part of a company's risk framework.

By Denise Tessier | Updated on February 25, 2013

Editor’s Note: This article has been contributed by Denise Tessier, senior regulatory consultant for Insurance Compliance Solutions, ERM and the Consulting Practice at Wolters Kluwer Financial Services. 

Last year marked the 100th anniversary of the first and only voyage of the RMS Titanic. On Apri 15, 1912, the demise of the “unsinkable” ocean liner caused 1,502 fatalities, one of the deadliest maritime accidents of all time. For more than a century, scholars have researched the many contributing causes of the disaster, hoping to prevent future loss.

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