CRM55 case studies
CRM55 · Put your knowledge to work in context.
CRM55 is a risk management credential aimed at practitioners who must identify, evaluate, and control organizational risk across both traditional and enterprise contexts. It suits risk managers, insurance and finance professionals, operations and compliance staff, and anyone who turns exposure data into decisions senior leaders can act on. The CRM55 case studies are 5 cases and about 3,684 words.
1Who Owns Risk at Northwind Foods?
Northwind Foods (revenue 180M, three plants) has a risk committee that meets quarterly, chaired by the CFO, with the plant managers, the health and safety lead, and the corporate controller. The risk register is maintained by the safety lead and reviewed once a year.
726 words, about 4 min2Prairie Wholesale: Is $60M Blanket Really Fully Insured?
Prairie Wholesale operates three distribution warehouses: Winnipeg (building 22M, stock 14M, plant 6M), Regina ( 11M building, 7M stock), and Saskatoon ( 16M building, 9M stock). All sit within 400 km, share one electrical utility and one sprinkler contractor, and Winnipeg and Regina are both inside the same river floodplain.
719 words, about 4 min3Metro Hardware: Buying Matting or Buying Evidence?
Metro Hardware has 62 stores. Last year it recorded 214 customer slip-and-fall claims totalling 3.2M; 12 stores generated 41% of claims, and 60% of incidents occurred in the three hours after floor cleaning.
752 words, about 4 min4Ridgeline Transport: Raising the SIR or Forming a Captive?
Ridgeline Transport runs 340 power units. Its auto liability program retains 250,000 per occurrence through a self-insured retention and buys 5M excess.
729 words, about 4 min5Vantage Credit Union: An 84-Risk Register the Board Cannot Use
Vantage Credit Union ($2.3B assets) has an 84-item risk register in which every risk is rated 'high' or 'medium'; one line covers 'third-party risk.' KRIs are reviewed monthly and consist of past-due loan ratios and prior-month fraud losses. Last quarter, a payment processor outage stopped debit transactions for nine hours; the register's third-party line was unchanged afterwards.
758 words, about 4 min