RELIANCE GENERAL INSURANCE HAS RECEIVED ISO 31000 ASSURANCE FOR ITS RISK MANAGEMENT FRAMEWORK
Mumbai, 1 st June 2020: Reliance General Insurance, a 100% subsidiary of Reliance Capital today announced the success of achieving the ISO 31000 Assurance, an international standard that provides principles and guidelines for Enterprise Risk Management. Such a robust risk management framework assures the various stakeholders of an organization of the superior quality of governance and increased operational efficiency. This is achieved by identifying and mitigating losses as well as enhancing risk assessment capacities naturally. It helps in enhancing the confidence of the stakeholders in the performance and sustainability of the organization. On getting past yet another milestone in the brand’s journey, Rakesh Jain, ED & CEO, Reliance General Insurance said, “ We are proud to have achieved the ISO 31000 assurance in these difficult times. The standard helps integrate the risk-based decision-making in the organisational culture thereby adding tremendous v...