Although every corporate CFO can walk you through a detailed model of how they manage debt, interest rate exposure, or FX risk, many take a hands-off approach when it comes to managing operational risk, relying on advice from their broker alone. This is a risky move that leads to under- or over-insuring, resulting in lost revenue and ineffective support. This playbook outlines Risk-Aligned Financing Techniques (RAFT), Brown & Brown Insurance’s framework for applying the same analytical, data-driven approach CFOs use for financial risk to their operational risk portfolio. Read now to learn more about: The problem with the usual approach to risk purchasing Defining your risk appetite Gaining a clearer view of operational risk Example of how the RAFT approach worked for one organization
