Measured Steps to Recovery - Risk Finance Optimization
Jessica So, Keri Lee and Ernest Eng
About this talk
The dual effects of a hardening insurance market coupled with ongoing COVID-19 related cost pressures mean that organizations are increasingly faced with tough choices in managing expenses. In this session, we will focus on our sophisticated Cost of Risk modelling, which identifies the most economically efficient means to finance risk. This assessment can help organizations decide how much risk to retain, how much risk to transfer to insurers, what appropriate risk-adjusted premium levels should be, and ultimately how to plan for the best insurance coverage to optimize total cost at an acceptable risk level.