Reliance General Insurance, a subsidiary of Reliance Capital has received the ISO 31000 Assurance, an international standard that provides principles and guidelines for Enterprise Risk Management.
The risk management framework assures various stakeholders of an organisation superior quality of governance and increased operational efficiency.
This is bagged by identifying and mitigating losses as well as enhancing risk assessment capacities naturally. It helps in building the confidence of the stakeholders in the performance and sustainability of the organisation.
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 value to the brand’s maturity and value proposition. Additionally, it also promises a sense of security to all our customers, whether retail, corporate or Government entities. This achievement reflects the DNA of the company and has been possible only with the involvement of every member of this family. We aspire to excel in all spheres of business always. Milestones are just the by-products of our efforts and beliefs.”