Chapter $35$ concludes with the following statement: $$As risk committees and risk subcommittees become more commonplace on boards, and as enterprise risk management becomes entrenched as a process to identify and treat the key risks of the organization, so too must commercial and directors and officers $($D&O$)$ insurance be considered a primary risk response$/$risk mitigation tool$($p$.701).$

Imagine you are facilitating a board meeting for the real or fictional company that you selected for your weekly assignments. The board has gathered to hear specific insights regarding D&O insurance. Describe the ethical guidelines surrounding this process for your industry. How can the company use industry norms for this part of their ERM?

Reflect on your classmate$$s post and describe the current uses of ERM frameworks and make recommendations on how their client can use it to address D&O insurance.Chapter $35$ concludes with the following statement: $$As risk committees and risk subcommittees become more commonplace on boards, and as enterprise risk management becomes entrenched as a process to identify and treat the key risks of the organization, so too must commercial and directors and officers $($D&O$)$ insurance be considered a primary risk response$/$risk mitigation tool$($p$.701).$

Imagine you are facilitating a board meeting for the real or fictional company that you selected for your weekly assignments. The board has gathered to hear specific insights regarding D&O insurance. Describe the ethical guidelines surrounding this process for your industry. How can the company use industry norms for this part of their ERM?

Reflect on your classmate$$s post and describe the current uses of ERM frameworks and make recommendations on how their client can use it to address D&O insurance.