Marsh CRO: takeovers, outsourcing and technology are top op risks
Marsh's CRO Matt Kimber talks about his day-to-day operational risk challenges
New regulations such as the Solvency II capital adequacy rules, and the market and credit risk involved in investing in a volatile economy, are key concerns for risk managers at insurance companies. But for insurance brokers, operational risk has always been top of the list, according to Matt Kimber, chief risk officer (CRO) at Marsh UK.
“Because we’re a broker and we don’t leverage our balance sheet, we are predominantly about operational risk,” he says. “We do have credit risk, market risk and
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