The ALPS Virtual Ethics Risk Assessment, more affectionately known as Vera, was created to serve as your guide to quickly and effectively help you understand where you fall in terms of risk management within your firm. We also hope you have a little fun along the way. The assessment shouldn’t take any longer than 20 minutes to complete and you will receive your customized Vera report upon submittal.
How Vera Works:
1. You will move through the seven 5-question sets, consider each question, and select the answer that best describes your firm.
2. Keep in mind that this process is meant to be fun, which means the available answers to some questions may not perfectly describe your firm.
3. Once you have completed the process, Vera will assign a point value to each answer, tally the results, and provide a link via email that will allow you to download your detailed summary report.
4. Note that any answer left blank will be scored as a zero.
Section 1: Client Intake
Section 2: File Documentation
Section 3: Calendaring
Section 4: The Trust Account
Section 5: General Risk Management
Section 6: Cyber Security
Section 7: Firm Policies & Plans
ALPS has developed and made available at no cost to all-comers this Virtual Ethics Risk Assessment (Vera). The driving motivation behind this project was to find a new way to share the intellectual capital of our past and current risk managers in a fun and engaging way with as broad an audience as possible. Vera will be most effective if all questions are answered as honestly and completely as possible. To help you to feel comfortable in doing so, please know that Vera is exclusively an educational tool. While we will collect answer data for the sole purpose of identifying areas where the development of additional risk management resources might be of value to future Vera participants, rest assured in knowing that no information shared during the assessment process will ever be revealed to or used by our underwriting department in quoting a policy or otherwise. Quite simply, that’s just not how we do business. One final note: because Vera is only able to deliver her summary report via an email autogenerated at the conclusion of the assessment, a valid email address is required for participation.