Top 10 Strategies To Manage Operational Risk In Insurance Companies Unlike market risk, operational risks are largely linked to the internal processes and policies of an insurance company. On occasions, losses arising from the organization’s operational risks may exceed those stemming from credit losses. Read more
Key regulatory obligations facing Insurance Industries in 2023 The insurance industry lately is facing consistently increasing regulatory obligations along with the rising demand to adopt new technologies and exceed customer expectations. With rising inflation, perpetual war, and the constant loom of a major recession, the insurance industry is facing the heat to navigate through uncertainty and chaos. Read more
What Is The Importance Of The COSO Framework? How Does VComply Help In COSO Framework Management? COSO framework (The Committee of Sponsoring Organizations) is an integral name in the world of risk management. With the explosion of cyber threats, and exponentially increasing uncertainty from multiple aspects, organizations were in dire need of an integrated risk management framework that could navigate them through the intricacies and uncertainties and that’s how COSO has come into existence. Read more
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