What Does Operational Risk Management Mean?
What does Operational Risk Management mean? Read on to discover the definition & meaning of the term Operational Risk Management - to help you better understand the language used in insurance policies.
Operational Risk Management
Application of the risk management process to operational risk. ORM treats a broader spectrum of risks than traditional risk management but a more limited set of risks than does enterprise risk management (ERM).
We hope the you have a better understanding of the meaning of Operational Risk Management.
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