Risk Weights in Business Lines

Set the risk settings individually for each of the established Business Lines.

The Risk Band

Simur provides a fast and intuitive visual method to identify a client's risk impact on the organization through color-coded scales. Use the Risk Band to configure the color scale based on a numerical risk level. 

To set the color scale levels, follow these steps:

1. Enter in your Business section and click on Settings.
2. Select Business Lines section.
3. Enter in the Business Line.
4. Set the values for the scale color.

Set Risk Weights

You may set the Risk Weight assigned to each Risk Question, Internal Question, or customer data field. Please indicate the percentage value of the Risk Weight for each parameter.

Click here to learn more about how to calibrate and run simulations in order to accurately calculate Risk Weights.

To complete this process, follow the steps below:

1. Enter in your Business section and enter in Settings.
2. Click on Business Lines section.
3. Choose a Business Line.
4. Set the percentage value for the Risk Weight and click on Apply Changes.