Enterprise Risk Management

FCCS can help your organization address this critical function in numerous ways, from assisting you in your already established ERM practice all the way to helping you establish and comprehensive program from scratch.

If your program is up and running, we can provide a variety of services to enhance and complement what you already have in place:

• ERM program reviews or audits
• Coordination with existing insurance coverage or analysis of new insurance programs to compliment your non-insurance risk mitigation
• Consultation on key aspects of risk identification, evaluation and mitigation
• Outsourcing of components of your ERM efforts

Beginning an ERM program can be daunting. Risks pervade all aspects of an organization and working through structures and silos within the organization can seem impossible. With our years of experience managing risk and a collaborative process along side your board and management team, we can help demystify the experience and help you develop a workable solution tailored to your needs. We can help with all or some of the many pieces you’ll need to put into place:

• Board procedures and policies to establish a road map for ERM
• Identification of stakeholders, owners, internal resources and external resources
• Human capital needs and evaluation
• Evaluation of existing structures and organizational design
• Suitability of frameworks – COSO, ISO, SOA, CAS, other
• Development of internal processes and procedures
• Communication protocols and needs
• Feedback loops
• Benchmarking alternatives

For more information contact Naomi Baumann, Claims Director at 303.721.3263.