The Risk Management Association’s Insurance Operational Risk Management Discussion Group will meet on September 20 and 21, 2007, in New York City at MassMutual’s Oppenheimer Funds location, Two World Financial Center. Early registration is advised.
Philadelphia, PA (July 9, 2007) —
The Risk Management Association’s Insurance Operational Risk Management Discussion Group will meet on September 20-21, 2007, in New York City at MassMutual’s Oppenheimer Funds location, Two World Financial Center. Participants will discuss major tactical and strategic challenges in leading their institutions' operational risk and also hear presentations from insurance industry experts.
The conference is open to practitioners from the insurance industry and from financial institutions’ operational risk insurance areas.
RMA Director of Operational Risk Charles Taylor said participants will learn how other insurance carriers are building out a governance structure for risk management. "This diverse group brings together subject-matter experts and guest speakers from different disciplines, including specialists on specific risks, experts in operational risk management from other industries, and senior regulators," he said.
The facilitators at each session will present examples from their own organizations and lead a discussion on various topics including:
- Establishing an effective governance structure for enterprise risk management/operational risk management.
- The elements of a complete enterprise risk assessment.
- Loss event collection – internal and external databases.
- Defining scenario analysis.
For more detailed information about the agenda and for registration information, please visit the RMA Web site at www.rmahq.org or call RMA Customer Care at 800-677-7621. As seating is limited, early registration is advised.
About RMA
Founded in 1914, The Risk Management Association is a not-for-profit, member-driven professional association whose sole purpose is to advance the use of sound risk principles in the financial services industry. RMA promotes an enterprise approach to risk management that focuses on credit risk, market risk, and operational risk.
Headquartered in Philadelphia, Pa., RMA has 3,000 institutional members that include banks of all sizes as well as nonbank financial institutions. They are represented in the Association by 18,000 risk management professionals who are chapter members in financial centers throughout North America, Europe, and Asia/Pacific. Visit RMA on the Web at www.rmahq.org.
Contact:
Kathleen M. Beans
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