John Drzik, Chairman of ERS, and James Lam, President of ERS, are responsible for building and leading Enterprise Risk Solutions . Mr. Drzik founded Oliver, Wyman & Company's Risk Practice and built it to its current market leadership position. Mr. Lam was most recently Chief Risk Officer for Fidelity Investments and was named Financial Risk Manager of the Year in 1997.

"In today's volatile market, the need for strong risk management is becoming more and more apparent. eRisks.com will help mid- to senior-level decision makers strengthen risk management effectiveness at their firms by providing timely and relevant information and tools," said Mr. Drzik. "eRisks.com will also give risk practitioners the ability to learn from each other by providing community discussion and benchmarking capabilities."

"ERS is organized to provide integrated consulting, informational, and analytical services to our clients," said Mr. Lam. "eRisks.com is a key component of our business model. By leveraging the distributive power of the Internet, we are redefining the risk consulting business and creating a platform that will better serve the needs of our clients and the risk management community at large."

eRisks.com is designed to provide timely and cost-effective support for risk professionals. As a vertical portal and service provider to risk professionals in all industries, eRisks.com gives its subscribers 24x7 access to valuable informational and analytical services. The site offers a wide variety of features, including daily risk-related news, charts and featured research articles; the Risk Reference Shelf(TM) educational tools; performance benchmarking and best-practices surveys; risk analytics and reporting; risk transfer products and solutions; and community services such as conference calendars; discussion forums; and job postings.

Mr. Lam emphasized that eRisks.com provides more than just news and information for risk managers. "Our market research indicated that there is an unmet need in the risk community. Risk professionals are critical to the success of their organization, yet they have to turn to many sources to get the right tools and information. Unlike other risk web sites that are designed to advertise or sell a specific product or service, eRisks.com was designed with the risk professional's needs in mind. eRisks.com's goal is to be the first destination on the Internet for the risk professional."

eRisks.com will be available to risk professionals on a subscription basis. For more information, go to the eRisks Web site at www.eRisks.com. 

About Enterprise Risk Solutions

Enterprise Risk Solutions (ERS) is the first provider of web-based education, information and consulting services for risk management professionals. At www.eRisks.com, eRisks.com provides timely news, commentary, tools and analytics for mid- and senior-level risk managers at financial, insurance and other corporate institutions. The company is headquartered in New York City and is privately held.

Contact: Tony Marcos, 212-819-0170 or Jeremy Milner, Arnold Public Relations 617-587-8921

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