Business Services Industry
Corporate governance raises risk managers' profiles.(Spotlight: RIMS Conference Review)(Risk and Insurance Management Society, Inc. )
Business Insurance, May, 2004
Byline: ROBERTO CENICEROS SAN DIEGO-A growing focus on corporate governance and a challenging directors and officers liability insurance market are major forces shaping risk managers' roles within their organizations. Risk managers say those factors have placed more demands on them, which some say is creating opportunities to broaden their influence.
Other insurance industry participants, meanwhile, say that the changes have spurred risk managers to sharpen their technical knowledge of an evolving D&O insurance market. For example, Carol A.N. Zacharias, underwriting counsel for ACE USA in New York, said that she recently met with the risk manager and the general counsel for a large corporation. The risk manager participated in the meeting as a...
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