A risk worth taking

摘要

As the handling of risk management becomes more sophisticated, paranoia amongst councils and insurance companies becomes more widespread. Carmel Whyte looks at the effects of this rising fear. Risk managers are paid to be paranoid, says Ken Kennedy of the insurance company Zurich Municipal. Most risk managers would agree. Given that any new initiatives, government directives, policy or implementation changes bring new risks, paranoia tempered with the need to serve is indeed an appropriate mindset.