The enterprise risk manager depends on two types of experts to ensure the liabilities side of the business is well managed.Identify these experts.
A)Assessors and accountants
B)Actuaries and covenants
C)Covenants and attorneys
D)Actuaries and underwriters
E)Underwriters and assessors

Question

Quizplus · Accepted Answer

Actuaries and underwriters are crucial for managing the liabilities side of a business. Actuaries assess and manage the risks of financial contracts, especially in the insurance and finance industries, while underwriters evaluate and analyze the risks involved in insuring people and assets, deciding how much coverage the client should receive and at what premium.

The Enterprise Risk Manager Depends on Two Types of Experts