The Fantods Of Risk Essays On Risk Management

Felix Kloman is President of Seawrack Press, Inc., in Lyme, Connecticut, and was for 33 years the Editor and Publisher of Risk Management Reports. He is a retired principal of Towers Perrin (now Towers Watson). After two years as an officer with the U.S. Navy in the Far East, he spent ten years as an insurance broker in Philadelphia and New York. He then became a risk management consultant, serving as President of Risk Planning Group in Darien, Connecticut, from 1970-1985 and as a Principal with Towers Perrin, in Stamford, Connecticut, until his retirement in 1993.

He consulted and lectured globally for a wide range of corporate, financial, educational, and governmental clients, with particular emphasis on risk management audits, risk management administration and alternative forms of risk financing. Since 1985 he has championed a more holistic and strategic approach to risk management. He wrote and edited his monthly newsletter, Risk Management Reports, from 1974 through March 2007. He is the author of Mumpsimus Revisited (2005), and The Fantods of Risk (2008), both sets of essays on risk management. In 2011 he published Dead Reckoning: A Personal History. He is a Fellow of the Institute of Risk Management (London), a past director of the Nonprofit Risk Management Center, a past and founding director of the Public Entity Risk Institute, past chairman of the Risk Management & Insurance Committee for the US Sailing Association, and a charter member of the Society for Risk Analysis. He received the Dorothy and Harry Goodell Award from the Risk & Insurance Management Society in 1994.

He is a graduate of Princeton University, 1955, with an A.B. degree in History.

He and his wife Ann, a mystery writer, live in Lyme, Connecticut.

Bringing you relevant and high quality resources is part of Risk Wise's commitment to promote the practice of proactive and systematic risk management.

This page contains a reading list of articles, books, weblinks for newsletters , online publications, case studies and videos recommended by leading risk management practitioners.

  • "Conscious Chief Executives". In this free E-Zine, Steven Bowman provides chief executives and senior leaders of nonprofit organizations with regular updates on issues and insights related to leadership, governance, strategy and risk.  Click here to read back issues and subscribe...

  • "IRMA". The Informal Risk Management Association (IRMA) is a free e-digest service moderated by Mike Murphy of the Ontario Public Service. Members from around the world receive periodic emails with risk management resources of interest to public sector risk analysts and managers.  To join, send an email to This email address is being protected from spambots. You need JavaScript enabled to view it.

  • "Nonprofit Risk Management Centre e-news". This free e-newsletter is published twice a month by Melanie Lockwood Herman and is a source for tools, advice and training to help people in nonprofits to control risk so they can focus on their mission.  Click here to read back issues and subscribe...

  • "Risk Doctor Network". David Hillson provides regular email briefings on current issues in best practice risk management. It's free and most briefings are available in English, French, German, Spanish, (Brazilian) Portuguese, (Traditional) Chinese, Farsi (Persian) and Russian.  Click here to read the briefings and subscribe...

  • "Risk Management Made Simple". Edited by Diana Del Bel Belluz, this free on-line newsletter provides executives and managers with resources and tips for implementing systematic risk management into their business practices and culture.  Click here to read the latest issue...

  • "Risk Management Research Report". Robert W. Kolb, Professor of Finance at Loyola University of Chicago, edits this free quarterly publication providing extended summaries of the most important current research in risk management.  Click here to read the latest issue and subscribe...

  • Risk Management Review". Published 2-3 times per year by the Wharton Risk Management and Decision Processes Center at the University of Pennsylvania, this free newsletter provides updates on the Center's research and activities to promote effective corporate and public policies for low-probability events with potentially catastrophic consequences.  Click here to read the latest issue...

  • "Risk Premia". This is the quarterly newsletter for members of the Professional Risk Managers’ International Association (PRMIA) whose mission is to provide a free and open forum for the promotion of sound risk management standards and practices globally. Click here for a free PRMIA membership

  • "Risk & Regulation". This is the biannual magazine of the Centre for Analysis of Risk and Regulation(CARR) which is part of the London School of Economics' Economic & Social Research Council. It's free and includes articles by leading scholars and practitioners that feature links to other relevant items, events, and publications produced by CARR.  Click here to read back issues and subscribe...

  • "what needs to go right". In this blog, Bill Sharon explores the difference between risk management and compliance and the principles of managing strategy rather than fear.  Click here to read back issues and subscribe...

  • TheConference Board of Canada's e-Library contains research reports, Conference e-Proceedings, and webinars on a wide range of economic and management topics including enterprise risk management.  Some of the materials are available for free, others must be purchased. Click here to sign up for the e-Library at no cost. 

  •  Global Risks 2012is a Global Risk Networkreport published by the World Economic Forum. As the title indicates, the report is published annually and can help inform your environmental scanning processes, particularly with respect to global issues. Click here to download the report.  Click to read Felix Kloman’s review of the report.

  • Marilyn McHarg, Executive Director of Médecins San Frontières Canada, shares her insights on disaster preparedness and risk management illustrated by her organization's response to the earth quake that shook Haiti in January 2010. This article highlights principles of risk management response planning that every organization can benefit from including: reaching those most in need, building the right mindset, the need for many levels of preparedness, building a plan, the importance of flexibility in the face of chaos, security risk management, being able to adapt and improvise, risk communications, sharing ownership of crisis management plans, learning from experience, and being ready to do the best you can. Click here to read the article .

  • Please CONTACT US to let us know about other publications that you have found helpful. We'll consider add them to the reading list.

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