Insurance

Nearly 12 percent of the respondents in the Accenture 2011 Global Risk Management Study were executives involved in risk management decisions at leading insurers. The findings offer important insights into the approaches insurers are taking to leverage risk management as a competitive advantage. In the highly regulated insurance industry, risk management has become a core capability—directly linked to key operational processes such as product definition, pricing, distribution, asset allocation and contract management.

Nearly two-thirds of insurers describe their risk organization structure as a combination of risk functions at the corporate and business unit level. And more than 90 percent of both life and property & casualty respondents describe risk management as having a major impact on strategic planning; investment and financing decisions; and capital projects evaluation.

Read our in-depth report which analyzes the risk research findings as they relate to the insurance industry, explores the strategic and operational implications of the study findings for the industry. The report also outlines specific actions insurers can take to help drive more business value from their risk management capabilities.

Download 2011 Industry Report [PDF, 525KB]
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