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PC360's Anya Khalamayzer (right) speaks to Laurie J. Champion, managing director at Aon Global Risk Consulting at the RIMS annual conference in Los Angeles.

1. What is the role of ERM today? Has it reached widespread recognition by the C-Suite? When management teams think about risk management, they are probably thinking concurrently about ERM as well as specific risk management disciplines; for example, the treasury looking after financial risk, traditional insurance teams looking at Property and Liability, and the team that tracks quality or compliance efforts. The nomenclature is sometimes confusing because we can think about risk while also thinking about risk at different levels, and management teams today are absolutely doing that.

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