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Risk
Management Principles
At
Pacific American Risk, we adhere to very strict rules regarding the
nature of and “best practice” procedures regarding the
operation of our business. The International Organization for Standardization
identifies the following principles of risk management:
 •
Risk management should create value
• Risk management should be an integral part of organizational
processes
• Risk management should be part of decision making
• Risk management should explicitly address uncertainty
• Risk management should be systematic and structured
• Risk management should be based on the best available information
• Risk management should be tailored
• Risk management should take into account human factors
• Risk management should be transparent and inclusive
• Risk management should be dynamic, iterative and responsive
to change
• Risk management should be capable of continual improvement
and enhancement
Our Core Values
As
a company, and as individuals, we value:
•
Individual Attention for All Clients
• Stewardship
• Excellence in Business Practices
• Integrity in Everything We Do
• Respect for All
• Initiative and Motivation
• Innovation and Adaptability |
