Insurance brokers endured a crash course in risk management over the past several months–particularly the kind that deals with reputational risk. Now, the largest are attempting to rise out of the public relations muck with not only a cleaned-up profile but a redefined mission, which seems far better suited to help companies cope with the elevated risk environment in which they function these days. Sure, brokers will still be best known for the great deals on coverage they manage to negotiate, but in recent interviews with Treasury & Risk Management, the CEOs of the nation's largest insurance brokerages seemed determined that the value-added brokers should be bringing to the table in the future will involve much more risk quantification and mitigation. This certainly would be a silver lining to the scandal, which at the end of the day could translate into fewer nasty corporate surprises in the future. At least, one can always hope.
Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.
Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
- Exclusive discounts on ALM and Treasury & Risk events.
- Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.
*May exclude premium content
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
