Buyer Tips: How To Be A 'World Class' Enterprise
Corporate insurance buyers striving to create a "world class" enterprise that can cope with the hardening insurance market and emerging exposures such as terrorism should adhere to the following risk management tenets, advised Chris Mandel, president of the Risk and Insurance Management Society.
He said risk managers, CEO, CFOs and the like should:
Be continuously innovative.
Achieve high customer satisfaction.
Implement widespread "best practice" processes.
Have a highly efficient staff.
Achieve minimal output error.
Have superior audit scores.
Earn enterprise-wide respect.
Reproduced from National Underwriter Property & Casualty/Risk & Benefits Management Edition, January 6, 2003. Copyright 2003 by The National Underwriter Company in the serial publication. All rights reserved.Copyright in this article as an independent work may be held by the author.
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