*LATEST NEWS*

Baltimore, MD, 1st December 2012 - Teuten Risk Consulting has completed the formation of PixByAir (www.pixbyair.com) a specialist Aerial Photography subsidiary business focusing on photographic support for Appraisal, Loss Analysis and Disater Assessments. PixByAir has the advantage of 'in house' resources comrising aircraft, photographer, pilot and risk manager which facilitates rapid response and expertise not available elsewhere in the industry....read more.

Baltimore, MD, 8th June 2011 - Peter Teuten and Teuten Risk Consulting complete the development of Insurance Agency and Lloyd's Coverholder for Marinalife LLC, a leading provider of Concierge services to the Boating Industry in the US....read more.

THE BASICS: HERE'S WHAT YOU NEED TO KNOW ABOUT RISK


what TRC is up to

 

WHAT WE BRING TO THE TABLE

Teuten Risk Consulting is an expert risk and ERM consulting service to business and government. We deliver solutions in three key areas:

Teuten Risk Consulting Risk Consulting

Custom Risk Assessments; Risk Impact Analyses; Insurance portfolio, purchasing and claimsmanagement; Controls Frameworks, Risk Registers and Internal Audit interfaces; Advocacy with regulatory authorities. learn more

Technology Advisory Technology Advisory

Transition from manual processes to automation; Software implementation and configuration; Process automation and definition. learn more

Training programs Training

Risk management training and education; Management control workshops; Group Risk Seminars. learn more

INDUSTRY NEWS

America’s Improved Giant
Tuesday, February 26, 2013

AMERICANS are often asked by politicians if they are better off now than they were four years ago. Anyone involved with American International Group (AIG), an insurance company felled by the financial crisis, can safely answer “yes” to that question. In just four years it has freed it... .. read more..

Capital curbs on insurers will add to government burden: IIF
Tuesday, December 18, 2012

LONDON (Reuters) - Proposed curbs on insurers aimed at preventing a repeat of AIG's 2008 taxpayer bailout could raise the cost of insurance, making more people dependent on the state, a finance sector lobby group said. "As currently designed, there is a high risk of detrimental unintended consequ... .. read more..

Commentary cites risks from reinsurance-tax bill
Sunday, October 28, 2012

After disasters like earthquakes in California and hurricanes along the coast of the Gulf of Mexico, the public face of recovery often is the insurance companies. Just as important to ensuring this sector's survival are the reinsurers that provide backup insurance coverage, particularly in high-r... .. read more..

Some climate scientists, in a shift, link weather to global warming
Tuesday, October 16, 2012

The worst drought in half a century has plagued two-thirds of the nation, devastating farms and stoking wildfires that scorched almost 9 million acres this year. Withering heat blanketed the East Coast and Midwest, killing scores of people and making July the hottest month ever recorded in the U.... .. read more..

AIG may come under much more U.S. regulatory oversight
Thursday, October 4, 2012

(Reuters) — A federal panel may tag American International Group Inc. as "too big to fail," a move the company has been expecting and one that would sharply increase regulatory oversight of the government-rescued insurer.   AIG said on Tuesday that the Financial Stability Oversight Cou... .. read more..

WHAT WE ARE UP TO

Marinalife Insurance Services launches Concierge Boaters Insurance Product

Baltimore, MD, 8th June 2011. Marinalife, the leading online concierge service for boaters launched Marinalife Insurance Services (MIS) to provide expert insurance and risk management services to its membership community. MIS was created and established by Peter Teuten and Teuten Risk Management.......read more

Executive Pay – Overpaid with your money!

How can we justify massive pay packages for public companies losing money in a downward cycle? That’s an interesting, and ever controversial subject, which plays out with must partisan discourse in the court of public opinion. I saw the issue in its simplest terms in April 2009 (and still do!) .....read more and see video

TRC Announces the CAPTURE™ enterprise risk initiative

Having lead global market thinking in the early concepts of ERM well before ERM was ‘fashionable’, we have developed an advanced ERM 2.0 process implementation model to enable transition ERM initiatives from concept to reality... read more

WHAT OUR CLIENTS ARE SAYING

TCOM, LP in Columbia, MD has a very full order book thanks to a highly unique suite of Aerostat products and heightened global security. “The challenge of measuring, managing, and monitoring our diverse portfolio of risks is highly demanding. Peter Teuten is our highly trusted partner in making this a reality.” according to Carl Koontz, CFO, TCOM L.P. Columbia, MD

“Understanding the complexity of Marine and Boater related risks requires a deep knowledge and experience in the industry. Peter Teuten delivers that, as well as a broad range of business and entrepreneurial skills.” according to Joy McPeters, CEO of Marinalife LLC in Baltimore, MD

Sigma Risk is managing dozens of adjustments from the 2010 US Gulf Oil spill on behalf of both insured’s and in conjunction with regulators. “Business has been brisk and many lessons learned along the way.” according to Sigma President, Todd Thomas. “As businesses ponder the risks of the future ERM is coming to the fore and that is why Peter Teuten, with his in depth experience in the field, is so valuable to our franchise.”