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16 INTERVIEW RESULTS--RISK MANAGER'S ROLE decisions. None of the interviewees defined "enter- prise risk management." One interviewee said, "I Participants in the interviews were asked, "How has the have yet to meet anyone who actually practices enter- evolving role of risk management affected insurance pur- prise risk management," and that it was not easy to do chasing in your organization?" Responses varied, as shown so because uninsurable risks were often addressed by in Appendix E, but there were several common threads: line managers, not by the risk manager. 1. Risk mitigation has become more important than Another question asked whether the risk manager was insurance. considered a member of senior staff within the organization. Six of the eight interviewees answered yes. 2. Insurance has become a "last resort" after exploring other avenues for financing risk. Several interviewees Five of the interviewees report to a chief finance offi- commented that their organizations retain or "self- cer or director of finance. Two report to a chief adminis- insure" large loss exposures. trative officer or director of administration. One reports to the human resources director. This finding reflects industry 3. "Enterprise risk management" has become important observations that risk management is viewed increasingly as within some organizations, and one indicated that this a financial function (International Risk Management Insti- perspective was the basis for insurance-purchasing tute 2010).