’In such a volatile risk landscape, having effective risk management arrangements is vital,’ says headSpecialist insurer Ecclesiastical has launched a new assessment tool to help firms strengthen their risk management services. Called Ecclesiastical Risk Maturity Assessment, the tool has been designed to help organisations understand where improvements need to be made to their risk management approach. “In such a volatile risk landscape, having effective risk management arrangements is vital to help organisations to respond, adapt and evolve to meet priorities and deliver on plans. By completing a series of questions in the tool, organisations will be able to access a report highlighting the organisation’s risk maturity score ranging from developing, integrating and embedding to optimising. The report will also provide a bespoke action plan to move the organisation closer to the next level of risk maturity.

Source: The Times February 26, 2024 15:31 UTC