The Decision to Outsource Risk Management Services

CFA Digest ◽  
2017 ◽  
Vol 47 (7) ◽  
Author(s):  
Joe Staines
Keyword(s):  
Risk Management ◽  
Management Services

The marketing of bank risk-management services

1995 ◽  
Vol 12 (8) ◽  
pp. 735-749
Author(s):  
Donald G. Simonson
Keyword(s):  
Risk Management ◽  
Bank Risk ◽  
Management Services

The decision to outsource risk management services

2015 ◽  
Vol 56 (4) ◽  
pp. 985-1015 ◽  
Author(s):  
Jacqueline Christensen ◽  
Pamela Kent
Keyword(s):  
Risk Management ◽  
Management Services

Intensive intervention and risk management services (IIRMS) three years on: what we need to do better in the offender personality disorder pathway

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Jackie Craissati ◽  
Jo Ramsden ◽  
Sue Ryan ◽  
Nicole Webster ◽  
Laura West
Keyword(s):  
Risk Management ◽  
Empirical Literature ◽  
Management Approach ◽  
Discussion Paper ◽  
Content Type ◽  
Intensive Intervention ◽  
History Of ◽  
Practical Implications ◽  
Informal Approach ◽  
Management Services

Purpose This is a discussion paper describing the reflections of clinical leads within well-established intensive intervention and risk management services (IIRMS). IIRMS has developed in the past five years, with a small number of services leading in the development of a psychologically informed case management approach to working with individuals released from prison on probation licence, who have a history of high risk, high harm violent convictions linked to pervasive psychological and interpersonal problems. Design/methodology/approach Clinical leads of three services considered a period of 23 months up to December 2019, in which the outcomes for all individuals on their caseload at that time were reviewed. Reflections on the themes included the reasons for a premature return to prison and emerging themes for those who appeared to be successfully resettled. Findings Approximately one-third of the individuals were returned to prison, and for most, this occurred within the first 18 months of release. There was considerable unanimity between clinical leads regarding the themes, and problems with relative youth, substance misuse, relationship difficulties, managing transitions and complacency featured. There were four themes identified in those who appeared to have settled successfully in the community. Practical implications The identified themes provide key learning that will be enshrined in an updated version of the guidance for all IIRMS, with the overall aim of reaching out and engaging with a group of individuals who are most at risk of exclusion from services. Originality/value Although there are limitations associated with the informal approach of this paper, the reflections of the clinical leads have provided a valuable addition to the very limited empirical literature in this field.

Data Breach, Privacy, and Cyber Insurance: How Insurance Companies Act as “Compliance Managers” for Businesses

2018 ◽  
Vol 43 (02) ◽  
pp. 417-440 ◽  
Author(s):  
Shauhin A. Talesh
Keyword(s):  
Risk Management ◽  
Cyber Security ◽  
Participant Observation ◽  
Legal Regulation ◽  
Insurance Companies ◽  
Organizational Sociology ◽  
Cyber Insurance ◽  
Privacy Laws ◽  
Cyber Risk ◽  
Management Services

While data theft and cyber risk are major threats facing organizations, existing research suggests that most organizations do not have sufficient protection to prevent data breaches, deal with notification responsibilities, and comply with privacy laws. This article explores how insurance companies play a critical, yet unrecognized, role in assisting organizations in complying with privacy laws and dealing with cyber theft. My analysis draws from and contributes to two literatures on organizational compliance: new institutional organizational sociology studies of how organizations respond to legal regulation and sociolegal insurance scholars' research on how institutions govern through risk. Through participant observation at conferences, interviews, and content analysis of insurer manuals and risk management services, my study highlights how insurers act as compliance managers for organizations dealing with cyber security threats. Well beyond pooling and transferring risk, insurance companies offer cyber insurance and unique risk management services that influence the ways organizations comply with privacy laws.

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