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Fundamentals of Enterprise Risk Management by John J. HAMPTON

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CHAPTER 26MODERN RISK MANAGERS

RISK QUOTE: In the case of sawmills, it is not a question of if it will burn but when it will burn.

—LANCE EWING, PROMINENT RISK MANAGER

RISK QUOTE: A jury consists of 12 people who determine which client has the better lawyer.

—ROBERT FROST, POET

Risk managers are leading advocates of ERM. As a result, a number of organizations have surveyed them to learn who they are and how they perceive their responsibilities. In this chapter, we examine and interpret the findings of recent surveys. Marsh was particularly active, working with the Risk and Insurance Management Society (RIMS), from 2004 to 2008 and completing these surveys of ERM professionals:

2004: Survey of successful risk managers

2005: Characteristics and ...

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