Rising Interest in ERM Continues

In today's Financial Times, a new survey about the level of interest in implementing Enterprise Risk Management ("ERM") programs was discussed.  According to the news article, major corporations in the UK are looking for ways to anticipate and proactively manage emerging risks.  Here is an excerpt.

More than half of Britain's top companies are looking to bulk up their risk management teams as the deepening economic crisis forces directors to question ill-fated investments and prepare for new uncertainties, such as suppliers going bust.  The Association of Insurance and Risk Managers (Airmic) said that in a private survey of its 450 corporate members, which includes most FTSE 100 companies, 59 per cent had said that their level of interest in enterprise risk management had increased over the past two years.

More and more companies are recognizing the importance of having a solid ERM program embedded throughout the organization.  Visit www.WheelhouseAdvisors.com to learn more.