Boston Mutual Life Insurance Company announced the establishment of its newly created Enterprise Risk Management (ERM) department. The ERM team is primarily accountable for the development and deployment of an operationalized ERM strategy and discipline across the entire company.
”Our ERM philosophy is to collaborate across our strategic business centers and staff departments to create a company-wide, risk-aware culture,” said Chief Risk Officer and Executive Vice President Joseph Sullivan. “Boston Mutual is constantly evolving and our team will continue to closely research and update our established key risk and performance indicators, risk tolerances, and appetites to follow best practices.”
