Quantitative risk assessments for non-financial companies. Success stories from Alex Sidorenko and Archer Insight

Quantitative methods can deliver tremendous benefits to organizations and have been used selectively for years. However, implementation of risk quantification as a powerful tool within a larger risk management program poses some unique challenges and questions for risk management professionals.

You are invited to watch as Steve Schlarman, Integrated Risk Management Strategist for Archer, and Alex Sidorenko, FERMA’s European Risk Manager of the Year 2021 explore the use of risk quantification to help reduce costs, rein in volatility, and improve business performance. Alex discusses how the integration of quantitative risk analysis into insurance, procurement, compliance, environmental and production for one company changed how important decisions are made and saved $13 million along the way.

  • Learn how to quickly solve complex financial problems with simple quantitative risk analysis techniques
  • Explore ways to optimize complex problems through risk analysis to obtain better and cheaper insurance coverage, lower performance risks from suppliers, and implement more predictable maintenance programs
  • See how risk quantification can provide business leaders with better insights into risk and improve business performance

Discover how to save your company millions of dollars with quantitative risk analysis! In this informative webinar, risk management expert Alex Sidorenko shares his real-life success story of saving his company 13 million dollars through better quantifying and communicating their risk profile to insurers. Learn how to apply similar strategies in your organization and see significant savings on insurance premiums. Alex’s work was recognized and he was named the 2021 Risk Manager of the Year by FERMA and received a special international mention from RIMS.

Don’t let complexity hold you back, the return on investment in quantitative risk analysis is worth it. Watch now!

Alex has created a short bootcamp designed to help companies implement quantitative risk management. Imagine saving the company so much money that investing in risk management competencies and resources becomes a no brainer for the executives. That's exactly what Alex Sidorenko did at a global $10B chemical company and he has been kind enough to share his top tips and lessons learned with you each week. Sign up now!

00:00 Imaging saving your company $13M through better risk management
01:28 Alex Sidorenko’s insurance case study
05:35 Archer Insight story
07:00 Applications of quantitative risk management
11:47 Instead of ERM go for local risk models first
13:05 Integrating risk analysis into procurement
21:00 Myths in risk quantification
31:50 What you are trying to quantify is a function of the decision at hand
40:46 Recommendations for risk quantification

Join this channel as a member for new videos, RAW workshops or online courses https://www.youtube.com/channel/UCog9jkDZdiRps2w27MZ5Azg/join

Watch the best practical workshops and case studies from RISK AWARENESS WEEK https://riskacademy.vonza.com/

DOWNLOAD our risk management book for free. Number 1 in Google search globally with 200000+ downloads https://www.researchgate.net/publication/323254437_FREE_RISK_MANAGEMENT_BOOK_GUIDE_TO_EFFECTIVE_RISK_MANAGEMENT_30

Or check out online short courses on Udemy https://www.udemy.com/user/alexsidorenko/

Check out awesome risk management quantitative software https://www.archerirm.com/insight-risk-academy

Enhance your company’s risk management practices and improve the quality of your board’s decision making with our advanced risk governance course, which covers everything from traditional risk management elements to advanced risk oversight and includes practical case studies and additional resources to strengthen your board’s oversight. https://courses.dcroi.org/courses/alex-sidorenko?ref=bda26d 

RISK-ACADEMY offers online courses

sample85
+ Buy now

Informed Risk Taking

Learn 15 practical steps on integrating risk management into decision making, business processes, organizational culture and other activities!

$149,99$49,99
sample85
+ Buy now

ISO31000 Integrating Risk Management

Alex Sidorenko, known for his risk management blog http://www.riskacademy.blog, has created a 25-step program to integrate risk management into decision making, core business processes and the overall culture of the organization.

$199,99$49,99
sample85
+ Buy now

Advanced Risk Governance

This course gives guidance, motivation, critical information, and practical case studies to move beyond traditional risk governance, helping ensure risk management is not a stand-alone process but a change driver for business.

$795

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.