Remove Hazard Remove Insurance Remove Manufacturing Remove Mitigation
article thumbnail

ESS Presentations at NFPA C&E Address a Wide Range of Issues, Including the Hazards They Present and Tactical Approaches for Mitigation

National Fire Protection Association

An NFPA Journal article, “ESS Prep,” by Angelo Verzoni highlights improved ESS training and regulation as keys to a safe coexistence with this evolving and complex hazard. This panel discussion offers perspectives from manufacturers, AHJs, FPEs/consultants, developer/installer/maintainers, and insurance and fire service.

Hazard 52
article thumbnail

Getting Started with Enterprise Risk Management

MHA Consulting

Risk can never be eliminated but it can be mitigated. 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).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The road to EV safety requires a robust infrastructure

National Fire Protection Association

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.

article thumbnail

Strategies for Digital Risk Protection

Reciprocity

Hence cybersecurity risk management is crucial to prevent and mitigate cyber threats. 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. Mitigation. How do you know which mitigation measures to implement? Technology.

article thumbnail

5 Steps to Implement Enterprise Risk Management (ERM)

Reciprocity

Passing or sharing the risk via insurance, joint venture, or another arrangement. Mitigating or reducing the risk by internal controls or other risk-prevention measures. Factor Analysis of Information Risk (FAIR) provides a common risk mitigation vocabulary to help you to address security practice weaknesses. Risk Response.

article thumbnail

5 Steps to Implement Enterprise Risk Management (ERM)

Reciprocity

The reactions to risk include: Acceptance or toleration of a risk; Prevention or termination of a risk; Passing or sharing the risk via insurance, joint venture, or another arrangement; Mitigating or reducing the risk by internal control procedures or other risk-prevention measures. ERM’s Ultimate Objective. Risk Assessment.

article thumbnail

5 Steps To Developing A Corporate Compliance Program

Reciprocity

More broadly, a corporate compliance program reinforces a company’s commitment to mitigating fraud and misconduct at a sophisticated level, aligning those efforts with the company’s strategic, operational, and financial goals. You must assess the efficacy of your company’s compliance program and identify potential hazards.

Audit 52