PRM™ Spotlight - Ken Radigan
A featured article of our October 2021 edition of PRMIA's Intelligent Risk quarterly newsletter
Ken Radigan was working at AIG during the 2008 financial crisis as Director of Catastrophe Modeling. AIG was the beneficiary of a bailout package from the US government, but they needed to prove that they were taking appropriate steps to enhance their risk management oversight. Ken was asked to be the Chief Risk Officer of the Casualty Business. As Ken recalls, “I took this position very seriously. We had made some very big mistakes in the past, and we couldn’t afford to make any more. I needed to learn everything I could about risk management to ensure that we were following best practices. I looked at the risk management certification programs that were currently available, and I thought the PRM™ program was the best program to meet my needs. I thought it was more technical than other programs, and I also liked the fact that it included a study of real-life case examples.”
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