Governance, Risk and Compliance and
Enterprise Risk Management
A well-designed, integrated GRC framework does not replace the need for robust enterprise risk management.
Viewing GRC practices holistically can help streamline your compliance and risk management processes. Done right, an integrated GRC program incorporates a technology infrastructure, which also focuses attention on governance issues such as improved transparency and accountability.
An effective ERM program, on the other hand, identifies and quantifies all risks—not just compliance-related risks—and establishes formal, end-to-end risk management processes. Because ERM covers a wider spectrum of risk, a robust ERM program allows you not only to mitigate or avoid losses but also to facilitate critical decision-making by evaluating uncertain events that could positively affect your business. ERM will also help you identify emerging risks more quickly and improve the capabilities of the risk management system to handle them.
Our GRC and ERM teams assist you in adopting an enterprise-wide approach to analyzing and prioritizing risks and aligning them with your strategic goals.
GRC and ERM services include:
- ERM implementation and optimization
- Board evaluation
- Governance and corporate culture
- Facilitated risk assessment
- Business continuity and disaster recovery
GRC and ERM webcasts
The enterprise risk management requirements under ORSA are new. Learn how to evaluate your ERM practices and develop an ORSA-compliant program.
Let RSM demystify your ORSA stress testing concerns. Learn how to integrate stress testing into your enterprise risk management efforts.
GRC and ERM Insights
Many organizations leverage ERM to manage compliance and regulatory demands, but do not understand its potential to uncover business opportunities.
Learn key insights affecting insurance companies related to enterprise risk management and the Own Risk and Solvency Assessment (ORSA) process.
ORSA will require an ERM overhaul for many insurers. Are you ready?
How should smaller insurers approach ERM?
How can we help you?
Contact us by phone 800.274.3978 or
submit your questions, comments, or proposal requests.
Complete our Rapid Assessment form to be contacted about receiving our "quick-hit" diagnostic of your critical areas of operations.