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Embracing Risk Management – Unlocking the Opportunities
Risk is embedded in everything we do. Understanding how it affects us whether in microcosms or across the enterprise, and how to create and implement processes that unlock the opportunities – as well as the negative potential – of risk, is another matter. That’s what Teuten Risk Consulting does.
We consult, advise, and train. Most importantly we execute.
With over 33 years of experience across the globe, working in industries from Shipping to Insurance and many between, we know Risk, how it impacts businesses large and small and how to plan, execute and manage best practices risk based initiatives to make your business more secure, more defensible, and more accountable to your shareholders, regulators, customers and client.
Our practical credentials: No business has ever suffered an unknown risk event or regulatory sanction under our tutelage in 33 years. We design and implement risk matrices and processes, develop and deliver proprietary technologies, advocate with regulators and manage risk mitigation and insurance programs.
The world of Governance Risk and Compliance (GRC) is NOT as complicated as the theorists will have you believe. Let us show you.
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TRC News
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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..
