MLchartDataset catalogue

Enterprise risk management (ERM)

Term · Insurance and risk management · MLC-T-INS-001324

A coordinated, top-down approach for identifying, assessing, and managing the full spectrum of an organization's risks to its strategic objectives. Enterprise risk management (ERM) considers financial, operational, strategic, and hazard risks in an integrated portfolio view rather than in separate silos. The framework is designed to manage total risk exposure within the organization's risk appetite and is often aligned with standards such as ISO 31000 or the COSO ERM framework.

Table 1. Record
IdentifierMLC-T-INS-001324
FieldInsurance and risk management
AbbreviationERM
Record as JSON 
{
  "id": "MLC-T-INS-001324",
  "term": "Enterprise risk management (ERM)",
  "field": "Insurance and risk management",
  "definition": "A coordinated, top-down approach for identifying, assessing, and managing the full spectrum of an organization's risks to its strategic objectives. Enterprise risk management (ERM) considers financial, operational, strategic, and hazard risks in an integrated portfolio view rather than in separate silos. The framework is designed to manage total risk exposure within the organization's risk appetite and is often aligned with standards such as ISO 31000 or the COSO ERM framework.",
  "abbreviation": "ERM",
  "url": "https://mlchart.com/terminology/insurance/enterprise-risk-management-erm/"
}

Record 1,166 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.