In the wake of the 2008-2009 Great Recession, the insurance industry, like all of financial services, is continuously searching for opportunities to recognize and reduce risk throughout all segments of their respective organizations. Risk management has become more prominent than ever as insurance organizations attempt to meet the increased regulatory scrutiny and requirements from the federal government. The planning process is a prime example where risk recognition and reduction is essential to achieve the goal of developing strong financials for strategic decision-making. What steps can you take to ensure that you are developing the best financial information to lead the company into the future?
Read more and learn about the procedures you can implement to help mitigate risk associated with the planning process.