At this time of year, many risk managers are prioritizing their needs for 2012 and budgeting accordingly. By applying a strategic approach to budgeting, organizations can ensure that the investments made in risk management—from insurance to mitigation to technology—are the right ones, with measurable returns.

To assist them in this process, Marsh will hold a one-hour webcast on Wednesday, September 21 at 11 a.m. ET to explore how risk finance executives can build and work within a consistent strategic decision-making framework that aligns investments in risk management with the broader strategic goals of the overall corporation.

“A strategic approach to budgeting is not simply a nice thing to have—it’s increasingly the expectation from senior leadership,” said Brian Elowe, a managing director of Marsh’s Global Risk Management Division, and webcast moderator. “By following a consistent framework that links investments in risk management to a broader strategy that supports the goals of the organization, risk managers will play a more strategic role within their organizations.”

Marsh’s webcast, “Budgeting Strategically in 2012: Defining Your Insurance and Mitigation Investments,"also will give an update on the impact of Hurricane Irene and other 2011 catastrophes on insurance markets.

In addition to Mr. Elowe, the panel consists of: Ryan Barber, managing director, Marsh’s U.S. Property Practice; Duncan Ellis, Leader, Marsh’s U.S. Property Practice; Ben Fidlow, Leader, Marsh Business Analytics; MaryElizabeth Hahn, National Growth Leader, Marsh’s U.S. Casualty Practice; Charles Martin, National Claim Consulting Practice Leader, Marsh Risk Consulting.