Legal and Risk Departments Deliver a One-Two Punch to Organizational Threats

To successfully protect their organizations in an increasingly risky and litigious world, it’s imperative that risk managers and in-house counsel partner closely with each other. NU spoke with several members of our Risk Managers Advisory Board to hear about the most pressing challenges their legal and risk departments are working collectively to solve; and to get their advice on how risk managers can most effectively communicate with their attorney colleagues.

Karl Zimmel
Director, Risk Management Services
UniSource Energy Corp.

Can you talk about an example where the two departments successfully worked through a situation with both legal and risk-management implications?

We introduced a Cyber Liability policy a little over four years ago that we developed with the IT team. We sat down with the legal department and discussed the various coverage triggers of the policy.

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