Page 27 - RISK Management IC86 Ebook
P. 27
The Insurance Times
l Earnings
l Special Skills
l Future objectives
l Risk attitude / philosophy
l Vulnerabilities chart
l Risk financing & other data.
Risk Audit
Reviews Risk Management capabilities & covers
l Identification
l Measurement
l Evaluation of control & financing
Difference between Risk Profile & Risk Audit
n While the Risk Profile :
l Considers exposures of a company to risks
l Looks for major possible risk problems,
l Involves work with top management.
n The Risk Audit:
l Means work on company sites, suppliers & customers,
l Recording of discussions & findings,
l Review
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