Risk Transfer A Complete Guide - 2020 Edition. Gerardus Blokdyk

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Risk Transfer A Complete Guide - 2020 Edition - Gerardus Blokdyk

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Score

      31. Does Risk transfer create potential expectations in other areas that need to be recognized and considered?

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      32. How likely is it that your Entity would be a defendant in the event of a loss?

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      33. Where does the event take place?

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      34. Are clients informed of any escalated and/or unresolved issues?

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      35. What situation(s) led to this Risk transfer Self Assessment?

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      36. Why do managers voluntarily issue cash flow forecasts?

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      37. What do the issues for the downgrade tell you?

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      38. Are Risk transfer changes recognized early enough to be approved through the regular process?

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      39. To what extent does management recognize Risk transfer as a tool to increase the results?

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      40. What framework is needed for reinsurance to fulfil its role?

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      41. When people heard about the event, did it change perception?

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      42. How much are sponsors, customers, partners, stakeholders involved in Risk transfer? In other words, what are the risks, if Risk transfer does not deliver successfully?

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      43. Is the need for organizational change recognized?

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      44. Who is authorized to declare an event?

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      45. What does Risk transfer success mean to the stakeholders?

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      46. What are the expected benefits of Risk transfer to the stakeholder?

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      47. How are changes in the environment translating into new customer needs and expectations?

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      48. What are the most significant issues facing your team or organization?

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      49. What is the recognized need?

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      50. How are you going to measure success?

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      51. Can the private market fulfill the insurance needs of the poor?

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      52. Are losses recognized in a timely manner?

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      53. Which services need to work with which to achieve the objectives?

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      54. Who else hopes to benefit from it?

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      55. What area is affected by the event?

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      56. How are the Risk transfer’s objectives aligned to the group’s overall stakeholder strategy?

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      57. How are compliance issues increasing today?

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      58. What type of capital do you need?

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      59. What are the stakeholder objectives to be achieved with Risk transfer?

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      60. Will a response program recognize when a crisis occurs and provide some level of response?

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      61. As a sponsor, customer or management, how important is it to meet goals, objectives?

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      62. How will you recognize and celebrate results?

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      63. Should you invest in industry-recognized qualifications?

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      64. What segment of the population and what assets are affected by the event?

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      65. How much should be invested in the prevention of disaster losses, and how much in insurance?

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      66. Does a contractor need professional liability coverage?

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      67. How will your organization address the various issues of a multi-location account?

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      68. How many are exposed to injury from one event?

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      69. Do you recognize Risk transfer achievements?

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      70. What insurance does your organization need?

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      71. Would you recognize a threat from the inside?

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      72. Is the population able to prepare for the event?

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      73. Is some form of insurance regulation needed for products?

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      Add up total points for this section: _____ = Total points for this section

      Divided by: ______ (number of statements answered) = ______ Average score for this section

      Transfer

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