The convergence of risk management, compliance and governance processes is a challenge, but offers tremendous opportunities, according to New York-based Ernst & Young (E&Y). Looking at details from the advisory firm’s recently released study, “Managing Information Technology Risk—A Global Survey for the Financial Services Industry,” many insurance companies are recognizing the need to better integrate information technology (IT) risk management with their overall risk management programs and processes.

The survey, conducted by the Economist Intelligence Unit on behalf of E&Y, polled 145 senior executives whose roles incorporate both risk management and information technology. Life insurance executives comprised 34.5% of those polled, while 27.6% classified themselves as non-life and 16.6% as reinsurance.

Register or login for access to this item and much more

All Digital Insurance content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access