Compliance headache? Or a path to better risk management?
Many consider the ORSA a regulatory burden: another layer of rules, more boxes to tick.
At Milliman, we see it differently.
We see the ORSA as an incentive for insurers to shift the narrative—to start viewing business performance through a risk lens.
By working with our clients to move them beyond compliance thinking, we are able to breathe new life into their risk management processes and help them achieve a more nuanced and comprehensive approach to ERM.
The Emergence of ERM
Develop a truly resilient risk culture
A demonstration of complexity theory