Speaking Financial-ese: Successfully
Members of NU’s Risk Advisory Board discuss presenting data to top financial execs
Integrating Treasury & Risk
BY WILLIAM ATKINSON
WHEN IT COMES to providing information to senior financial executives, risk managers need to understand the importance of speaking the language of the treasurer and CFO—and not
the language of risk and insurance. They also need to understand the
importance of using broker information and assistance appropriately.
According to Michael Liebowitz,
director of risk management and insurance
for New York University, what financial
executives are really looking for these days
are the true, total cost of risk and the
extent to which the company is insured,
relative to that cost.
March 19/26, 2012 | National Underwriter Property & Casualty | 25