Within the Risk Industry many veterans use insurance, risk management and enterprise risk management interchangeably. However, there is a significant difference in the capabilities of an insurance program and a fully implemented ERM Program. Charter's ERM, risk consulting and insurance capabilities allow clients to pursue their business development activities with full ERM support, as needed and defined by the client. This balanced approach also allows Charter to be a part of the communication flow enabling clients to lower its Total Cost of Risk. Our services are client defined in order to keep up with our clients’ growth, assisting and supporting the organization’s risk profile, risk philosophy and risk appetite, as these might change over time. In fact, Charter has worked with many clients from start-up, through expansion, up to over several billion dollars in book value of assets. Charter uses a traditional face-to-face business model further improving corporate risk intelligence/communication.
Frank E. Locke joined our firm in 2010 specifically to lead the Charter ERM practice. Frank has extensive Global Energy expertise that includes upstream, midstream and downstream operations as well as experience in the power generation and construction fields. His sole focus is to provide counsel and strategies for our clients on Enterprise Risk Management projects, ranging from simple contract review and construction risk management, to M&A due diligence and ERM program implementation. Frank's background gives Charter clients access to the unique experience and knowledge of a former Chief Risk Officer for several large international energy majors (ONEOK, CMS Energy, TAQA (Abu Dhabi National Energy Company).