Tag Archives: Mark Stephens

Emerging cyber risk regulations will move companies to fortify risk management strategies

New York has enacted regulations to protect the state’s financial services industry and consumers from cyberattacks. Future regulation may require a reliable, evidence-based approach to risk assessment as a minimum requirement for compliance.

In this article, Milliman’s Mark Stephens and Lisa Henderson discuss the evolution of cyber risk and the need for companies to understand their cyber risk exposure and the financial implications of a potential cyberattack event. They also outline several actionable steps companies can take to assess and quantify their cyber exposure.

Milliman Risk Talks: ERM for retail operations

In this episode of Milliman Risk Talks, Mark Stephens and Vikas Shah explore the evolving role of enterprise risk management (ERM) in the retail industry. They also discuss some of the day-to-day challenges that risk managers face in this sector. From the alignment of risk culture to the quantification of strategic and operational risks, many of the perspectives shared can be applied to industries outside of retail operations.

To watch our Milliman Risk Talks series, click here.

To learn more about the Milliman Risk Institute, click here.

Milliman Risk Talks: ERM implications; third NAIC ORSA pilot

In this episode of Milliman Risk Talks, Mark Stephens and Vikas Shah highlight new insights from the third Own Risk and Solvency Assessment (ORSA) feedback pilot project conducted by the National Association of Insurance Commissioners (NAIC). They also draw on their experiences to show how these observations apply outside of the insurance industry.

To watch our Milliman Risk Talks series, click here.

To learn more about the Milliman Risk Institute, click here.

Milliman Risk Talks: Risk Institute Fall 2015 highlights (part II)

In this Milliman Risk Talk, Mark Stephens and Vikas Shah discuss a few key research and development efforts that were well-received at the Milliman Risk Institute’s conference, entitled “ERM Governance and Board of Directors Responsibility for Risk Oversight.” Topics include dynamic risk management, risk-adjusted CapEx analysis, enterprise risk management (ERM) self-assessment, and cyber risk modeling.

To watch our Milliman Risk Talks series, click here.

To learn more about the Milliman Risk Institute, click here.

Milliman Risk Talks: Risk Institute Fall 2015 highlights (part I)

The Milliman Risk Institute organizes biannual advisory board meetings where members promote enterprise risk management (ERM) thought leadership by discussing trending topics and research efforts. This Milliman Risk Talks episode highlights key takeaways from the Institute’s Fall 2015 meeting.

To learn more about the Risk Institute, click here.

To watch our Milliman Risk Talks series, click here.

Milliman Risk Talks: Cyber risk challenges (part II)

A cyber risk assessment tool can help organizations turn their exposure into clear financial and capital terms they can understand. In this Milliman Risk Talks episode, Mark Stephens and Vikas Shah continue their discussion on cyber risk, highlighting Milliman’s specialty in understanding and quantifying the financial impacts of cyber risks.

To watch part one of Mark and Vikas’ conversation on cyber risk challenges, click here.

To watch our Milliman Risk Talks series, click here.