Business Services Industry

Enterprise risk management an ongoing process.(Brief Article)

Business Insurance, November, 2000 by ZOLKOS, RODD

PALM BEACH GARDENS, Fla.--The enterprise risk management marketplace is ``in a state of transformation,'' with the potential applications of such an approach a constantly evolving ``moving target,'' according to one enterprise risk specialist. Speaking at the 10th annual World Captive and Alternative Risk Financing Forum earlier this month in Palm Beach Gardens, Fla., Robert Curtis, a vp at AIG Risk Finance in New York, noted that most major insurance companies are establishing dedicated teams to address enterprise risk products, ``because that's where they believe the future trend is going.'' And new entrants such as investment banks, consulting firms and major accounting firms also are moving into the area as well, he said.

Mr. Curtis suggested that if...

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