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Practical ERM Considerations Part 2: From an Insurance Carrier’s Perspective

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Practical ERM Considerations Part 2: From an Insurance Carrier’s Perspective

January 1, 2010

Article Summary

Note: This is the second of a three-part series by Steve McElhiney, CPCU, MBA, ARe, AIAF, on enterprise risk management (ERM). The first installment was published in the July 2010 issue of Personally Speaking. In the third and final installment, he will sum up risk and underwriting considerations, such as exposure, rating, governance and ERM framework.

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Miscellaneous

Keywords: 
Decision Making
Distribution Systems
Electronic Commerce
Financial
Fraud
Insurance Coverage/Forms/Policies
Negotiations
Personal Insurance
Risk Retention/Financing

About the author

Steve McElhiney, CPCU, MBA, ARe, AIAF, is president of EWI Risk Services Inc., a Dallas-based reinsurance intermediary and a subsidiary of NL Industries, a diversified industrial company. He also serves as president of Tall Pines Insurance Company of Vermont, an affiliated captive insurance company. McElhiney’s insurance industry experience has spanned over two decades in roles such as CFO, corporate treasurer and ceded reinsurance executive. McElhiney currently is t...