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Best Practice Database
Business Operations » Benchmarking and Quality » Benchmarking
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Metrics, Summary Matrix, Detailed Process Map
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As corporate operations, assets, and liabilities become more complex, the importance of managing risk exposure has become a critical factor for cost control. This 24-slide presentation is designed to help finance and risk management organizations understand whether they are focused on the right subjects at the right employment intervals. The study assesses optimal combinations of structure, activity level, budget, and staffing resources in insurance risk management departments.
Companies can use this information to streamline insurance risk departments. By comparing organizational structures, budgeting methods, and activities performed, this document provides a comprehensive assessment of the best practices in insurance risk management to aid companies in identifying problem areas and making the most beneficial changes.