Organizing

{
  "id": "MLC-T-INS-002435",
  "term": "Organizing",
  "field": "Insurance and risk management",
  "definition": "A step in the risk management process that involves establishing the internal structure, authority, and responsibilities for implementing risk management policy. This includes creating a dedicated risk management function, assigning specific duties to individuals and committees, and defining the reporting lines for risk-related information. The resulting structure is documented in a risk management manual or a formal framework document like the one described in ISO 31000.",
  "url": "https://mlchart.com/terminology/insurance/organizing/"
}