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Airmic is pleased to have commissioned this important piece of research, which highlights the critical role of boards in the effective oversight of risk management within their organisations.
The report demonstrates, through the case studies, that risk is at the heart of strategy, and that boards and specialist risk functions must work more closely together to avoid or mitigate the catastrophic consequences of events. Airmic wishes to thank the outstanding team at Cass who researched and prepared this report and our sponsors, Crawford and Lockton, who worked closely with us throughout the project. We commend this report to all those persons who have responsibility for risk within their organisations.