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Executive Risk Analysis
D&O EXECUTIVE (HUMAN) RISK ANALYSIS
D&O liability insurance underwriting and loss control is fraught with complexity and speculation. Underwriters evaluate many factors, but the most important aspect is overlooked—the human based risks. Recent corporate scandals and failures, the onslaught of lawsuits, and heightened shareholder and government scrutiny, increase the need for insurance providers and policy holders to get it right.
Problem & Opportunity
While “financial, market and company factors are carefully examined by underwriters, the essence of D&O risk is the quality of the individuals who serve as directors and officers.” The real difficulty for policy providers is the dearth of accurate methods for calculating this “people factor.” Conventional approaches for collecting background and performance information about directors and officers fails to provide the insights needed to increase protection against human-based risks. Non-obvious or easy-to-hide hazards stemming from inappropriate or ill-advised behavior propensities, talent gaps or lopsidedness, have been out of the equation of D&O liability risk analysis.
We have developed a unique proprietary method for evaluating directors’ and officers’ inherent risks, as well as strengths, at the individual and team performance levels with scientifically valid, reliable measures. In fact, the insights we provide yield exceptional benefits to the D&O policy holders. These client organizations will gain critical insights regarding board members and senior executives equipping them to:
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succinctly leverage talent
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balance and align team or individual characteristics congruent with business objectives and core values
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minimize and/or neutralize avoidable risks and vulnerabilities
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shore up potential gaps or blind spots
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provide an executive development focus in accordance with business strategy and principles.
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OUR SOLUTION:
Our D&O Human Risk Analysis Report(s) measures and provides clear insights and guidance concerning the risk levels of directors and officers at individual or team levels. Our custom-built analysis products range from base line executive reviews (delineating key strengths and risks that can erode or derail success) to comprehensive and strategic executive team and individual talent assessment, consultation, and debriefings. Combining our technical research and expertise, we succinctly identify a range of essential executive characteristics from leadership strengths to the negligent or reckless profile issues that directly impact performance. The balance (or imbalance) of executive team bench strength is also identified.
The powerful CDR Executive Risk Analysis Report is uniquely designed to cut past executive veneer which can hide real threats, risks, talent gaps, and other potential problematic areas. We cut past potential blind sides to more clearly identify specifics about key talent, that even at the highest levels, can be underutilized, overlooked or serve the wrong role. These insights are vital to insurers and their policy holders to protect assets, corporate viability and shareholder equity. Perhaps more importantly, policy holders gain new, accurate information to fast-forward progress with measured success through a clearer understanding of the inherent human characteristics of their directors and officers. Contact cdrinfo@cdrassessmentgroup.com to learn more about this proprietary product.
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