Bank Insure
BANK INSURE
Bank Insure is a financial institution offering banking, insurance and asset management to corporate and institutional clients. With a diverse workforce, Bank Insure comprises a broad spectrum of prominent companies that increasingly serve their clients under its brand. Key to Bank Insure is its distribution philosophy 'click–call–face'. This is a flexible mix of internet, call centers, intermediaries and branches with which Bank Insure can fully deliver what today's clients expect: unlimited access, maximum convenience, immediate and accurate execution personal advice, tailor-made solutions and competitive rates. Bank Insures strategy is to achieve stable growth while maintaining healthy profitability. Bank Insurer’s financial strength, its broad range of products and services, the wide diversity of its profit sources and the good spread of risks form the basis for Bank Insures continuity and growth potential. Bank insures shareholders, board, rating agencies, international and national regulators require that Bank Insure consistently and periodically identifies measures and monitors its key operational risks that the business runs in achieving its objectives. The Risk Policy Committee of Bank Insure decided early in the year 2001 to set up the function Group Operational Risk Management (GORM). This function exists next to functions such as internal control, business control and corporate audit services (CAS). GORM predominantly aims to support general management with raising operational risk awareness and create early insight. Other important goals of GORM are: increasing operational risk and loss transparency e.g. incident reporting, improving risk processes e.g. to identify and control operational risks, prepare Bank Insure for improving GORM. The recommendations made by GORM to the management committees and the business units are mainly based on information that is derived from e.g. facts on historical loss data, expert judgment, critical
Bank Insure is a financial institution offering banking, insurance and asset management to corporate and institutional clients. With a diverse workforce, Bank Insure comprises a broad spectrum of prominent companies that increasingly serve their clients under its brand. Key to Bank Insure is its distribution philosophy 'click–call–face'. This is a flexible mix of internet, call centers, intermediaries and branches with which Bank Insure can fully deliver what today's clients expect: unlimited access, maximum convenience, immediate and accurate execution personal advice, tailor-made solutions and competitive rates. Bank Insures strategy is to achieve stable growth while maintaining healthy profitability. Bank Insurer’s financial strength, its broad range of products and services, the wide diversity of its profit sources and the good spread of risks form the basis for Bank Insures continuity and growth potential. Bank insures shareholders, board, rating agencies, international and national regulators require that Bank Insure consistently and periodically identifies measures and monitors its key operational risks that the business runs in achieving its objectives. The Risk Policy Committee of Bank Insure decided early in the year 2001 to set up the function Group Operational Risk Management (GORM). This function exists next to functions such as internal control, business control and corporate audit services (CAS). GORM predominantly aims to support general management with raising operational risk awareness and create early insight. Other important goals of GORM are: increasing operational risk and loss transparency e.g. incident reporting, improving risk processes e.g. to identify and control operational risks, prepare Bank Insure for improving GORM. The recommendations made by GORM to the management committees and the business units are mainly based on information that is derived from e.g. facts on historical loss data, expert judgment, critical