ERM: Relevant To Corporate Buyer
Corporate insurance buyers have been bombarded with information about enterprise risk management and how it will impact their day-to-day activities. The vagaries of enterprise-wide analysis, however, often lead to confusion regarding what ERM really is and how it affects insurance buyers.
Internally and externally, many groups have used the confusion surrounding ERM to further their cause or sell a service. This makes it difficult for corporate buyers to be heard over the crowd and to establish agendas concerning the role they should take in the enterprise risk management process.
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