ERM for Insurance 2012

An increase of risk-based state-level regulatory reviews of insurance companies as well as the recent introduction of the US Own Risk and Solvency Assessment (ORSA) Guidance has generated additional enterprise risk management challenges for those heavily tasked within this area. The NAIC expects US insurance companies to become fully compliant with the US Own Risk and Solvency Assessment by the end of 2013. Key to this compliance effort is the implementation and continual measurement of an Enterprise Risk Management Framework.

By bringing together executives charged with the development and maintenance of an enterprise-wide framework with an increased focus on the reputation and cyber risk buckets, the ERM for Insurance 2012 Conference is intended to deseminate key practices being delployed to evaluate various facets of risk management programs across the insurance industry. In addition, it will offer a unique opportunity to review the required blend of compliance and risk-based strategies neccessary to meet international, federal and state mandates while developing greater efficiency across the risk enterprise.

Keynote Speakers:
Tim Nauheimer, Sherry "Cyranna" L. Flippo,Sharon Binnun, CPA and Damon Levine, CFA

key conference topics

• Explore useful approaches to measuring, managing, quantifying and reporting enterprise-wide risk
• Align risk appetite and strategy in order to effectively manage risk
• Navigate the regulatory landscape between Own Risk and Solvency Assessment (ORSA) and the Holding Company Model Act to ensure full ERM regulatory compliance
• Deliver actionable recommendations to senior management based on ERM initiatives
• Establish clear and consistent communications between board members and risk managers as well as senior enterprise level peers of the entity and holding company level to achieve shared goals