ERM

About Us

UHC Publications:

ERM

GCC and Middle East

Arab Health 2008

IAAHS Paper 2007

Occasional Papers

Universal Health Consultants

We can lead, project manage and facilitate the practical implementation of an ERM framework. This paper discuss the governance, process and implementation of a practical framework to enable insurers to develop enterprise risk management (ERM) capabilities. ERM as a philosophy, culture and practical framework should underpin the conduct of, and relationship between, the board of directors, managers and the insurer’s owners.

Stress is placed on the role of ERM to help management achieve performance and profitability targets and prevent loss of resources in a complex and inter-connected market place. ERM provides the rationale and foundation for realistic and accurate reporting and synchronises the organisation with stakeholder expectations including compliance with laws and regulations.

ERM involves strategic business risk management – it enables management to critically and self-consciously set a strategic direction and take greater risk in order to improve business performance and gain competitive advantage. This implies a focus on risk and opportunity management. ERM exists to provide a culture, framework and process to achieve a balance between risk and opportunity.

IAA Health Section Colloquium

13th – 16th May 2007

CTICC

www.iaahs2007.com

Text Box: ERM—An Implementation Guide for Insurance Companies (2008) #Full Text - PDF version

Enterprise Risk Management

Text Box: ERM—A Practical Guide for Insurers (2008) #Full Text - PDF version

Text Box: ERM—Qualitative Implementation Guide for Insurers (2009) #Full Text - PDF version

Text Box: ERM— Strategic Risks for Insurers (2010) #Full Text - PDF version