Webinar: Steps to Developing a Risk Appetite Framework. Presented by PRIMA.

When:  Sep 25, 2019 from 12:00 PM to 1:30 PM (ET)


Scott Wightman, ARM-E, Managing Director, ERM Practice, Arthur J. Gallagher

All organizations implementing Enterprise Risk Management (ERM) should take some time to consider their high-level appetite toward risk. As opposed to risk tolerance, which draws a line through the heat map and all risks above the line must be either avoided or treated to bring within tolerance, risk appetite studies an organization's view of risk, from both a downside and upside perspective, in the pursuit of its objectives. This webinar will explore the qualitative and quantitative considerations in developing a risk appetite statement, as well as how to incorporate that philosophy into other business practices such as strategic planning, quality improvement, compliance and budgeting.

Attendee Takeaways:

  1. Clear understanding of risk appetite and risk tolerance
  2. Practical steps to develop a risk appetite framework
  3. Consideration of incorporating the risk appetite philosophy into other business practices

Click here to register for this webinar.