User:Boscofresh/sandbox/ORIC International

ORIC International is the leading operational risk consortium for the (re)insurance and asset management sector globally. ORIC is a not for profit organisation that facilitates the anonymised and confidential exchange of operational risk intelligence between member firms, providing a diverse, high quality pool of quantitative and qualitative information on relevant operational risk exposures.

History
ORIC International was founded in 2005 by the Association of British Insurers to advance operational risk management and measurement.

Structure
ORIC has currently more than 40 companies in membership globally.

The main organ of the company is its board. The chairman of the Board is Dee Lehane (2015-).

Previous chairmen of the board: Michael Sicsic 2014-2015 Alex Hindson 2011-2014

Function
ORIC provides industry benchmarks, undertakes leading-edge research, sets trusted standards for operational risk and provides a forum for members to exchange ideas and best practice.