Ernst & Young is a global leader in assurance, tax, transaction and advisory services. We aim to have a positive impact on businesses and markets, as well as on society as a whole.
Our 135,000 people are the foundation of our success. We assemble the right multi-disciplinary team for your business, drawing on our global network of professionals. Working with you in a collaborative style, we gain a clear understanding of your organization and strive to identify issues before they become problems. You get the people you need, wherever in the world you need them, backed up by leading practices, methodologies and tools.
New! Business Interruption Crash Course
You walk into your office to hear that your largest facility was flooded by a storm and then leveled by a tornado. Now what? Once the dust settles, suddenly you are surrounded by a team of people throwing around terms like concurrent loss, time element exposure, CBI, EPOI and BI value. What does it all mean? The authors of The Business Interruption Book lead you through a crash course in business interruption losses to better prepare you for that day. Using a case study, participants will understand the components of a business interruption loss, how property damage and business interruption are intertwined and how different coverage wording impacts the measurement and amount of loss that an insured may recover.
New! Property Policies: Does Your Business Continuity Plan and Property Policy Agree?
What happens when your business continuity plans and your property policy do not agree or worse yet, contradict each other? This interactive seminar, led by risk managers and property claims experts, uses lessons learned by policyholders in actual loss situations. The seminar will demonstrate how good communication and teamwork between risk managers and business operations personnel can lessen the confusion and documentation breakdowns that can occur between restoring the business after a loss and preparing the insurance claim resulting from that loss.
New! The Virtual Claim: Using Technology to Drive the Claims Process
Through the use of cutting edge technology to improve the efficiency and processing of claims information, this session will discuss best practices regarding how risk managers can work towards an expedited and successful resolution to their claim. Tools such as web-based information interfaces and claim process timelines allow the risk manager to manage, document and prove the claim at the policyholder's pace while meeting the needs of both the policyholder's organization as well as that of the insurance company. This "paperless claim" environment will increase the speed by which claim information is exchanged with insurers and accurately track follow up questions and information requests.
The Virtual Insurance Company
The risk management bar has been raised for all companies in the post-Sarbanes-Oxley environment. This demands that senior management oversee insurance risk management activities and programs as they would other business operations. An approach that would help companies optimize the performance of their risk management departments is to view the department as a virtual insurance company whose only client would be its own “parent” organization
