Explain three significant corporate governance activities undertaken and the extent to which they support its reputation. Analyse the extent and effectiveness of the crisis and risk management policies that exist, in the event of a reputational risk occurring.
In this paper, you are required to give a short context for Motor Insurers` Bureau covering certain details as well such as Risk & compliance, audit, Business Continuity disaster recovery plan, etc.
Instructions
Provide a brief context for the Motor Insurers` Bureau. For this organisation:
Explain three significant corporate governance activities undertaken and the extent to which they support its reputation. Analyse the extent and effectiveness of the crisis and risk management policies that exist, in the event of a reputational risk occurring.
Make recommendations, based on your analysis, to improve the crisis and risk management policies, that relate to reputational risk.
Areas to cover:
Risk & compliance - governance
Audit - leakage controls
Business Continuity disaster recovery plan - site & information, infrastructure and alternative premises.
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