Risk Transfer A Complete Guide - 2020 Edition. Gerardus Blokdyk
As a sponsor, customer or management, how important is it to meet goals, objectives?
<--- Score
62. How will you recognize and celebrate results?
<--- Score
63. Should you invest in industry-recognized qualifications?
<--- Score
64. What segment of the population and what assets are affected by the event?
<--- Score
65. How much should be invested in the prevention of disaster losses, and how much in insurance?
<--- Score
66. Does a contractor need professional liability coverage?
<--- Score
67. How will your organization address the various issues of a multi-location account?
<--- Score
68. How many are exposed to injury from one event?
<--- Score
69. Do you recognize Risk transfer achievements?
<--- Score
70. What insurance does your organization need?
<--- Score
71. Would you recognize a threat from the inside?
<--- Score
72. Is the population able to prepare for the event?
<--- Score
73. Is some form of insurance regulation needed for products?
<--- Score
Add up total points for this section: _____ = Total points for this section
Divided by: ______ (number of statements answered) = ______ Average score for this section
Transfer your score to the Risk transfer Index at the beginning of the Self-Assessment.
CRITERION #2: DEFINE:
INTENT: Formulate the stakeholder problem. Define the problem, needs and objectives.
In my belief, the answer to this question is clearly defined:
5 Strongly Agree
4 Agree
3 Neutral
2 Disagree
1 Strongly Disagree
1. How is the team tracking and documenting its work?
<--- Score
2. Should you require wet signatures on endorsements to policies?
<--- Score
3. What outsourced services will you require?
<--- Score
4. Is the team equipped with available and reliable resources?
<--- Score
5. Who are the Risk transfer improvement team members, including Management Leads and Coaches?
<--- Score
6. How will variation in the actual durations of each activity be dealt with to ensure that the expected Risk transfer results are met?
<--- Score
7. Is the team formed and are team leaders (Coaches and Management Leads) assigned?
<--- Score
8. Has a team charter been developed and communicated?
<--- Score
9. Are there different segments of customers?
<--- Score
10. Is Risk transfer linked to key stakeholder goals and objectives?
<--- Score
11. Is Risk transfer currently on schedule according to the plan?
<--- Score
12. Is the improvement team aware of the different versions of a process: what they think it is vs. what it actually is vs. what it should be vs. what it could be?
<--- Score
13. Is the current ‘as is’ process being followed? If not, what are the discrepancies?
<--- Score
14. Is there a Risk transfer management charter, including stakeholder case, problem and goal statements, scope, milestones, roles and responsibilities, communication plan?
<--- Score
15. What are the Roles and Responsibilities for each team member and its leadership? Where is this documented?
<--- Score
16. Should there be sector separation in the case of reinsurance business by primary insurers?
<--- Score
17. How was the ‘as is’ process map developed, reviewed, verified and validated?
<--- Score
18. How does the Risk transfer manager ensure against scope creep?
<--- Score
19. Does the team have regular meetings?
<--- Score
20. What about capital requirements?
<--- Score
21. Is the Risk transfer scope manageable?
<--- Score
22. Who would require crime insurance?
<--- Score
23. Is there a completed, verified, and validated high-level ‘as is’ (not ‘should be’ or ‘could be’) stakeholder process map?
<--- Score
24. Is the team adequately staffed with the desired cross-functionality? If not, what additional resources are available to the team?
<--- Score
25. Has/have the customer(s) been identified?
<--- Score
26. How did the Risk transfer manager receive input to the development of a Risk transfer improvement plan and the estimated completion dates/times of each activity?
<--- Score
27. Is there regularly 100% attendance at the team meetings? If not, have appointed substitutes attended to preserve cross-functionality and full representation?
<--- Score
28. Is a fully trained team formed, supported, and committed to work on the Risk transfer improvements?
<--- Score
29. Has a project plan, Gantt chart, or similar been developed/completed?
<--- Score
30. If substitutes have been appointed, have they been briefed on the Risk transfer goals and received regular communications as to the progress to date?
<--- Score
31. What knowledge or experience is required?
<--- Score
32. Has the direction changed at all during the course of Risk transfer? If so, when did it change and why?
<--- Score
33. Has the improvement team collected the ‘voice of the customer’ (obtained feedback – qualitative and quantitative)?
<--- Score
34. Are customer(s) identified and segmented according to their different needs and requirements?
<---