Survey: Many execs say they lack knowledge of risk management

07/25/2013 | Business Insurance (tiered subscription model)

Many executives in industries such as finance and construction said they lack an understanding of their firms' risk exposure and the methods for mitigating exposure, according to a report sponsored by Zurich Insurance Group. Aligning risk management with a firm's growth strategy was rated as highly important by about three-fourths of respondents, while more than half expressed confidence in their awareness of risks linked with growth strategies, the survey found.

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