VOICES risk mitigation strategy in place to protect myself For instance I never climb a moun tain without someone who is very experi enced It s like riding a roller coaster every one likes to have fun on the ride but we wear seatbelts to protect ourselves You have a lot of energy What moti vates you I feel very fulfilled in my job because I have a lot of support from management and our board of directors When our staff sees that they care about risk management and that the work is taken seriously it sends a good message It makes my job easier because now everyone is thinking about risk How do you deal with uncertainty As part of enterprise risk management I have to think not only about operational risk but strategic risk market risk politi cal risk etc I do a lot of risk scanning to keep an eye on what s happening in the world that might challenge the way we do business This includes monitoring risks in other industries risks that may impact us I try to stretch my imagination as to what that can be Customer preferences change frequently especially as technology evolves so we must be prepared How has your experience been with FM Global We have been very pleased especially when it comes to claims Whenever we suffer a loss FM Global does everything it can to get our operations back up and running quickly And they are fast with payment Most of our claims have been paid in under six months and have been eligible for advance payment That flexibility is very important to us Many of my colleagues in the industry feel their insurance carriers are there only to take pre mium and find as many exclusions to their policy as possible That s not the case with FM Global Your colleagues joke that for a risk manager you engage in a lot of risky behavior It is a bit of a running joke here but they are referring to my life outside of work I have a private pilot license I climb high altitude mountains I backpack in rough terrains and I m training for my 19th marathon I love taking risks but only when I have a sound East Kentucky Power Cooperative s Spurlock Station located in Maysville Kentucky USA is its largest coal fired plant producing approximately 70 percent of the energy needed for its 16 member cooperatives Watch the video VOICES Narmada Nanjundan of East Kentucky Power Cooperative on fmglobal com riskessentials What do the next 10 years look like at EKPC The future is the path we set forward We can somewhat control the future if we plan for it but there will always be curveballs I constantly ask myself Where is our industry going Where are our customers going What are their needs There are many unknowns but they are manageable My challenge is to keep tabs on dramatic changes so EKPC can react and be a part of that change rather than be left out Whenever we suffer a loss FM Global does everything it can to get our operations back up and running quickly And they are fast with payment Most of our claims have been paid in under six months and have been eligible for advance payment ISSUE 1 2017 REASON 33

Vorschau Reason Magazine Issue 1 2017 Seite 34
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