Compliance Risk Management - Update on ORSA and Conducting Risk Assessments (1:00-2:30 PM EST)
Conducting Risk Assessments…and Here Comes ORSA!!
Bill Harrington - Ohio Department of Insurance
Stephane Goyer, FSA, MAAA - Protective Life Insurance Company
Sim Segal, FSA, CERA - SimErgy Consulting, LLC
On February 7, 2013, CEFLI presented a webinar on Compliance Risk Management to all CEFLI member companies. The presenters gave their perspectives on the function of Enterprise Risk Management (ERM) with a focus on effectively conducting risk assessments and presenting an updated account of Own Risk and Solvency Assessment (ORSA). This webinar was specifically requested by CEFLI members companies. Coming off CEFLI’s 2012 webinar on ERM, CEFLI received feedback from the industry to provide more details in regards to the risk assessment process and to keep the industry up to speed as to how the NAIC is progressing on ORSA. Both of these specifics were highlighted in this webinar.
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