Academy Workshop - Risk register: How to align the role of the insurance and/or risk manager to the risk register

This session will explore how risk and insurance managers can better align both with each other and with the risk profile of their organisation using risk registers as a common framework for decision-making. We will consider how a well-designed ERM approach can create a clearer view of organisational risk, support better conversations about risk appetite, treatment and transfer, and help connect strategic, operational and insurable exposures.

The session will then look at the role of an integrated risk register solution in bringing this to life, providing a practical, consistent and visual way to capture, assess, monitor and report risk information. Finally, we will consider how an effective risk register combined with an ERM approach impacts the role of the insurance and/or risk manager, shifting focus to higher value tasks and away from data collation and management.

By the end of the session, you will be able to:

• Describe how risk registers can be used to align risk management and insurance activities within your organisation.
• Identify opportunities to connect strategic, operational and insurable risks through an Enterprise Risk Management (ERM) approach to support decisions on risk appetite, treatment and transfer.
• Evaluate how integrated risk register solutions can improve risk visibility, reporting and decision-making, enabling risk and insurance managers to focus on higher-value strategic activities.

Speakers:

 Sophie Threipland, Risk and Resilience Advisor, wtw

Zoe Sawyerr, Risk & Resilience Advisor, wtw