You may recall that we recently formed a task force of enterprise risk management (ERM) professionals from ten member companies to help us gain a deeper understanding of the ERM issues utilities face. The goals of the ERM Task Force are to advise AEGIS on ERM-related matters, identify ERM trends that affect the energy industry, promote the development and sharing of ERM information to benefit the membership, and work to help educate AEGIS members on ERM issues.
 
The ERM Task Force suggested that a survey of member companies would be a valuable first step because it would help us benchmark member company ERM programs, identify member needs and identify ways AEGIS could help meet those needs. We have partnered with the St. John’s University of School of Risk Management, Insurance and Actuarial Science to develop the questions, conduct the survey and analyze the results. Within the next three to four weeks, St. John’s will send the survey to risk managers at AEGIS member companies. All responses are strictly confidential, and results will be aggregated to ensure privacy. We hope to report the findings and identify next steps at the 2015 Policyholders’ Conference in Nashville in July.
 
In the meantime, please contact George Keefe by e-mail or by phone at 201.508.2797, with any questions or comments.