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Understanding Life Insurance As An Investment Mechanism

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Understanding Life Insurance As An Investment Mechanism

Sujith Vasudevan, Editor, 0

The risk landscape is undergoing sea changes. Not a day goes past without reminding us that the future is going to be unpredictable to a far extent. It sure feels like new risks and response strategies need to be ready in every fold. But risk can also be used as a tool to create value and achieve higher levels of performance. While it's imperative that organizations understand the dire need of a risk mitigation leader, needless to say, it's going to be a mixed bag of challenges for the chief risk officers.
Many organizations have already comprehended the need for a dedicated leader within the organization to look after the security aspect, a number of them have taken an additional stride forward an insightful and holistic approach by having CRO on board to assess all kinds of organizational risks. This spans across everything from physical security to cybersecurity, and financial, insurance, reputational and other risks.

Going forward, one thing is clear given the dynamically changing internet security landscape and regulatory compliance requirements, a CRO is a competitive advantage for any company. It's no longer something to only fear, minimize, and avoid. Risk is something that needs to be leveraged and maneuverer to churn out growth strategies. It's a sure bet that your competitor counts on your company not getting a CRO. In this issue of CEO Insights, we unfold the anecdotes of some of the CROs who are setting the benchmarks in the industry.

Do let us know your thoughts.