GenAI for Risk-Informed Decision Making

GenAI for Risk-Informed Decision Making

nsforms risk mgmt from compliance into decision tool. Demos show AI integrates uncertainty, boosts decisions, cuts admin tasks

By BCS, The Chartered Institute for IT

Date and time

Tue, 13 May 2025 10:30 - 12:00 PDT

Location

Online

About this event

  • Event lasts 1 hour 30 minutes

SPEAKER

Alex Sidorenko

AGENDA

18:30 - Event Start

18:30 - 18:40 - Introduction

18:40 - Presentation

19:25 - Q & A

20:00 - Event Close

SYNOPSIS

This webinar explores how generative AI transforms risk management from a compliance exercise into a powerful decision-making tool.

Participants will discover practical applications of GenAI that integrate uncertainty analysis directly into business decisions, moving beyond traditional risk matrices and qualitative assessments.

Through case studies and demonstrations, the webinar shows how AI-assisted risk analysis can improve decision quality while reducing the administrative burden of risk management.

Key Takeaways -

Learn how GenAI can transform risk identification from a periodic exercise into continuous intelligence that directly informs decisions when they matter most.

Discover how GenAI tools can help quantify uncertainties with appropriate precision, even with limited data, avoiding both false precision and vague qualitative assessments.

Explore how GenAI can rapidly generate comprehensive scenarios that human teams might overlook, expanding the range of contingencies considered in decision-making.

See how AI can translate complex risk information into clear, actionable insights for different stakeholders while maintaining analytical integrity.

SPEAKER BIOGRAPHY

Alex is an experienced executive across strategic, investment and operational risks, as well as AI application for risk management and insurance, working within multibillion dollar corporations in Australia, GCC and Europe.

Currently a Group Head of Risk, Insurance and Internal audit at Serra Verde.

Successfully integrating AI models and quantitative risk analysis into decision making, procurement, project management, budgeting, planning and performance management.

Alex is an expert in applying AI for risk identification, third-party risk analysis, risk transfer and risk based decision making.

Alex built and published a popular risk management chatbot RAW@AI, regularly used by risk managers all over the world http://riskacademy.ai/ and a finalist in FERMA 2024 awards.

Saved more than $13 million per year in premiums on cargo and PD/BI insurance through industry leading quantitative risk analysis without changing deductibles or limits. Which got him named FERMA Risk Manager of the year 2021.

Successfully presenting corporate risk profile at the Ministry of finance and helping secure more than $1B in extra funding. Author of the most popular free risk management book in the world, more than 200K downloads in 3 languages.

Founder and host of the RISK AWARENESS WEEK, named risk training and education program of the year 2024, FERMA. Other awards include Best international ERM case 2021, RIMS. Risk manager of the year, RUSRISK, 2014, Best ERM Implementation, RUSRISK, 2014, Best risk management training, RUSRISK, 2013, 2014, 2015, finalist in risk management awards in 2018 and 2019.

YOUTUBE: https://www.youtube.com/@riskacademy BLOG: https://riskacademy.blog Risk Management AI: https://riskacademy.ai/



Our events are for adults aged 16 years and over.

BCS is a membership organisation. If you enjoy this event, please consider joining BCS. You’ll be very welcome. You’ll receive access to many exclusive career development tools, an introduction to a thriving professional community and also help us Make IT Good For Society. Join BCS today: https://www.bcs.org/membership/events. Image by Steve Johnson

THIS EVENT IS BROUGHT TO YOU BY:

IRMA (Information Risk Management and Assurance) specialist group

Visit: https://www.bcs.org/membership-and-registrations/member-communities/irma-information-risk-management-and-assurance-specialist-group/

Organised by

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