MHA Consulting
MARCH 14, 2024
Enterprise Risk Management is the activity of identifying and mitigating the hazards that threaten an organization (definition from Strong Language: The MHA Glossary of Essential Business Continuity Terminology , available for free download with registration). ERM is all about reducing. ERM is all about reducing.
Risk Management Monitor
SEPTEMBER 21, 2021
With the cost of insurance for businesses rising across many types of coverage, staying on top of trends in the claims portfolio is more important than ever. For this reason, many insurers and TPAs promise to conduct claims reviews with their business customers on a regular basis, but the rigor can vary greatly.
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National Fire Protection Association
NOVEMBER 2, 2022
NFPA has been committed to addressing potential fire hazards posed by EVs for some time, offering in-person and online trainings that teach first responders how to safely and effectively mitigate EV incidents. To date, NFPA has helped educate more than 300,000 first responders on this emerging hazard.
Reciprocity
APRIL 4, 2022
This refers to all risks introduced by service providers and third parties working with your enterprise. Any hazards associated with cloud architectural changes, the use of new platforms such as IoT devices, or new IT systems can lead to digital risk. Third-Party Risk. Technology. Identification.
Reciprocity
AUGUST 18, 2022
Your ERM program should encompass all aspects of risk management and response in all business processes, including cybersecurity, finance, human resources, risk management audit , privacy, compliance, and natural disasters. Passing or sharing the risk via insurance, joint venture, or another arrangement. Risk Response.
Reciprocity
MARCH 28, 2022
Your enterprise risk management (ERM) program – one that encompasses all aspects of risk management and risk response in all business processes, including cybersecurity, finance, human resources, risk management audit , privacy, compliance, and natural disasters – should involve strategic, high-level risk management decision-making.
Reciprocity
DECEMBER 19, 2022
Compliance programs are not one-size-fits-all. At worst, you’ll have no program at all. Try to find and understand them all. Employees at all levels must grasp your compliance program’s expectations and requirements to comply. Establish two-way communication at all levels. Maintain steady discipline.
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