In the last issue of CERM Risk Insights #238 Greg Hutchins wrote an article “ISO 31000 Certification: Next Big Thimg”. In the article he discussed the ISO 31000 certification of Cholamandalam MS General Insurance Company India. As is noted, there is technically no such certification.
ISO 31000 is an Enterprise Risk Management standard. ISO has not created a 31000 certification. What is this all about? Is it the next big thing for ISO and Certification Bodies, or is it a symptom of certification dry rot? This article explores this question in a little more detail. Continue reading