Enterprise Risk Management
Enterprise Risk Management varies widely in form and function within different organizations. Shelter Island Risk Services (SIR) has experience with over two hundred organizations representing a wide variety of risks and equally diverse Risk Management approaches. This insight into the diversity of Risk Management makes us a catalyst for the inclusive concept of Enterprise Risk Management. Review the attached article for SIR's approach to Enterprise Risk Management - Enterprise Risk Management - The Shelter Island Risk Approach.
Our experience and educational credentials make us good communicators, comfortable in working with Senior Executives. The Senior Management at one of one of the largest technology firms in the world chose SIR to identify and quantify their total risk exposures. Among our researchers are statisticians and actuaries who can creatively apply their disciplines to Risk Management.
An important tool in effective communication is risk mapping. Long used in technical fields such as nuclear safety, this is a tool for any organization taking a holistic view of their comparative risks. Whether their key risk is workers’ compensation, product liability, or loss of intellectual property, SIR has statistical tools to take risk maps to the next level. We don’t sacrifice reality for statistics, but we take the technology much further than the ‘colored boxes.’
SIR has developed a popular workshop on “Quantitative Methods for Effective Risk Managers” sponsored by the Risk & Insurance Management Society (RIMS). This course has been given to a diverse spectrum of Risk Professionals and has allowed us to glean indepth understanding into the range of risks that Enterprise Risk Management must embrace. |
