The Master ERM Recipe

THE ONE AND ONLY ERM RECIPE YOU EVER NEED A while back, I spent an intense day with post-graduate students at the Nanyang Business School in Singapore. We talked a lot about embedding ERM into strategy and business planning.  Towards the end of the day, we shared a summary slide. Much to my surprise, this slide caused an intense photo-snapping frenzy. Obviously,… Continue reading The Master ERM Recipe

3 Minutes ERM: RESILIENCE

a schematic representation how sustenance, resilience and ERM are linked.

resilience, erm, sustenance What is RESILIENCE and how does it interlude with ERM and SUSTENANCE? There is no one size fits all answer to this question. Consequently, each entity needs to spend some quality time to define the terms. When engaging in this process, it is important to hold this conversation early to avoid confusion… Continue reading 3 Minutes ERM: RESILIENCE

CyberRisk: To Insure or To Ensure ?

Dr. Dennis Bessant, Specialist Advisor to Megrow, wrote this article in June 2019. the golden age of the internet Robert K Merton, an American sociologist, popularised the “the law of unintended consequences” in the 20th century; it says that actions always have effects that are unanticipated or not intended. What has a visionary social scientist… Continue reading CyberRisk: To Insure or To Ensure ?

Will the next crisis be the same as the last?

Dennis Bessant, Specialist Advisor to Megrow, has written a very insightful and thought-provoking article. It is  a commentary on the attitudinal  state of the industry and offers controversial thoughts for change. Asia Insurance Review just published the article in its SIRC 2018 supplement. You can access the article on Asia Insurance Review’s website or download… Continue reading Will the next crisis be the same as the last?