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Risk Consulting

Whether building a core set of processes to meet the goals of a defined risk based initiative or performing due diligence for M&A or regulatory purposes, one thing is for certain: All enterprises are built around opportunity and unless you have the tools and knowledge to address Risk in this context, chances are that your opportunity will be negatively impacted. Our role is to be the agent of change and implementer of processes that will enhance your opportunity.

To do this, we engage with our customers either on a single assignment or ongoing retainer basis so that we can define and identify, build and implement any of the core components needed to preserve your opportunity. This is done with objectivity and a practical experience based approach that aligns your needs and your resources to the outcomes you are seeking.

Risk Management Continuum

Define and Identify:
• Objectives and desired outcomes
• Risk Identification, tolerance and interdependencies
• Alignment of manageable processes to corporate hierarchy
• Identify Information needs and management reporting structure

Build:
• Risk and Control self assessments, and distribution methodologies
• Controls matrix aligned to internal objectives and external regulatory requirements (Sarbanes Oxley, BSA 2009, FINRA, SEC etc)
• Risk Register and Interdependencies between Risk, Controls and self assessment frameworks • Communication, information flow and gathering processes
• Notification and escalation processes

Implement
• Process timeline and Project management
• Process monitoring and improvement
• Management reporting
• Internal and external advocacy (Regulators, Insurers)

Aggregate Reports, Monitoring, and Benchmarking

Our services are Industry agnostic – Risk is prevalent in everything a business does and in every way that it operates. The diversity of our expertise is such that we are attuned to all the common (and often uncommon!) aspects of risk that manifest themselves in the interactions of a business between its customers, stakeholders, regulators, suppliers, and partners. To manage these relationships to successful outcomes requires foresight, knowledge and a clear and objective view of risk and risk management. That is our strength.

Please contact Teuten Risk Consulting for further information on any of our three core solutions or to learn more about us, our credentials, and the results we achieve for our customers.

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Enquiry


Please let us know how we can help you, become a trusted source and add value to your risk and compliance initiative. contact

TRC News


News from Teuten Risk Consulting. read more

INDUSTRY NEWS

America’s Improved Giant
Tuesday, February 26, 2013

AMERICANS are often asked by politicians if they are better off now than they were four years ago. Anyone involved with American International Group (AIG), an insurance company felled by the financial crisis, can safely answer “yes” to that question. In just four years it has freed it... .. read more..

Capital curbs on insurers will add to government burden: IIF
Tuesday, December 18, 2012

LONDON (Reuters) - Proposed curbs on insurers aimed at preventing a repeat of AIG's 2008 taxpayer bailout could raise the cost of insurance, making more people dependent on the state, a finance sector lobby group said. "As currently designed, there is a high risk of detrimental unintended consequ... .. read more..

Commentary cites risks from reinsurance-tax bill
Sunday, October 28, 2012

After disasters like earthquakes in California and hurricanes along the coast of the Gulf of Mexico, the public face of recovery often is the insurance companies. Just as important to ensuring this sector's survival are the reinsurers that provide backup insurance coverage, particularly in high-r... .. read more..

Some climate scientists, in a shift, link weather to global warming
Tuesday, October 16, 2012

The worst drought in half a century has plagued two-thirds of the nation, devastating farms and stoking wildfires that scorched almost 9 million acres this year. Withering heat blanketed the East Coast and Midwest, killing scores of people and making July the hottest month ever recorded in the U.... .. read more..

AIG may come under much more U.S. regulatory oversight
Thursday, October 4, 2012

(Reuters) — A federal panel may tag American International Group Inc. as "too big to fail," a move the company has been expecting and one that would sharply increase regulatory oversight of the government-rescued insurer.   AIG said on Tuesday that the Financial Stability Oversight Cou... .. read more..