Solid enterprise risk management was behind one firm's recovery from the financial downturn, while another long-established outfit is just allowing the concept to percolate within its operation.

Keith Ryan, vice president and director of finance shared services at Lincoln Financial Corp., and William Montanez, director of risk management for Ace Hardware Corp., discussed their experiences as part of a panel on enterprise risk management and corporate governance at the recent Bermuda Captive Conference.

Mr. Ryan said Lincoln Financial was hit hard during the financial crisis–so hard, in fact, that it was one of only two insurers that accepted government TARP funds.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.