Thank you for sharing!

Your article was successfully shared with the contacts you provided.

C-suite executives expect risk managers to better explain risks and solutions and become more involved and integrated in daily activities, according to a recent survey.

The survey, “Excellence In Risk Management VIII: Greater Expectations, Greater Opportunities,” released by Marsh at the Risk and Insurance Management Society’s annual conference here, finds that an overwhelming number of risk managers say senior management’s expectation of their department has grown over the past three years.

“The C-suite expects risk managers to jump into the fold,” says Brian C. Elowe, managing director, Marsh USA Inc., in Boston, Mass. He adds, “Don’t wait for an invitation.” For risk managers who are not members of the governance table, this is the time to seize the opportunity, he says.

Panel members at a press conference say that risk managers need to present data and other information in a way that is meaningful to their organization’s executives. Risk managers need to explain the risk and the solutions rather than submit pages and pages of data for review, they say.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?



Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.