The RIMS Risk Maturity Model, co-developed by LogicManager CEO, Steven Minsky, and the RIMS Risk Management Society, has been adopted by yet another governance body in an attempt to formalize how organizations achieve risk management competency.
The NAIC specifically identifies the Risk Maturity Model (RMM) as an effective tool for evaluating the state of an organizations program, and indicates that Insurers should strive to meet a ‘Repeatable’ level of Enterprise Risk Management maturity in eac
