Master Class Report with Gert Cruywagen

On the 29th of October, 2012 RusRisk together with “Rosgosstrakh” Insurance company have organized the “Best Practices of Risk Management” Master Class.The above mentioned Master Class was held by Mr. Gert Cruywagen from South Africa, one of the world-known risk managers. The Master Class took place in the “Rosgosstrakh” office. More than 60 risk managers of industrial and insurance companies, banks and other organizations took part at this Master Class.

The deep and detailed discussions on such actual topics as “Risk Appetite, Risk Tolerance and Risk Bearing Capacity- what do they mean and the application of the different value”, “Scenario Analysis – a Risk Assessment methodology”, “The movement from the “Management of Risk” to the “Governance of Risk” and others were on the schedule.

The acquaintance with the world-best risk management experience attracted the keen interest of the Master Class participants. Due to the RusRisk Board decision Mr. Gert Cruywagen was awarded by “The Honorable Medal for Personal Contribution to the Risk Management Development in Russia”. By the RusRisk initiative the Public lecture of Mr. Gert Cruywagen in Higher School of Economics was held at the same day.

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