Looking for expert in Risk Management only. If not proficient, please do not secure. Please see attachment.

The assignment requires 3 ½ pages or more.

1. The owners of Glades’s have hired you to help them with their risk management and insurance needs. They have always dealt with risk issues as they arise and left many of the decisions to their insurance agent(s). They are trying to decide if a more comprehensive approach is need, but are skeptical that this is just a scam by consultants to get their money. There are several areas that they are concerned with.

• First, help the firm define what Enterprise Risk Management (ERM) is and whether it is better than approaching potential risks as they arise and/or just using insurance. (1 ½ pages needed for this - A detailed description of this is needed to).
  
  

• Secondly, how does a comprehensive risk management program add value to a firm such as Glade’s

• The owners of Glades are trying to move forward with an ERM plan for their firm. They understand the first step is risk identification. They also have heard the risk mapping provides some advantages to firms. 2 or more pages
  WHAT IS NEEDED:

  • First, provide a description to the owners on how the risk mapping process works, and explain how this process would be valuable to the firm.
    

  • Secondly, provide an example of a firm that has successfully used risk mapping. (must be two pages or more.)