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Mumpsimus Revisited: Essays on Risk Management Paperback – May 16, 2005

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Editorial Reviews

About the Author

Henry Felix Kloman is a long-time student of the discipline of risk management. A graduate of Princeton University in 1955, he served two years in the U. S. Navy, joined an insurance brokerage firm in Philadelphia and then formed, in 1970, a risk manageme
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Product Details

  • Paperback: 196 pages
  • Publisher: Xlibris (May 16, 2005)
  • Language: English
  • ISBN-10: 141348719X
  • ISBN-13: 978-1413487190
  • Product Dimensions: 5.5 x 0.4 x 8.5 inches
  • Shipping Weight: 9.9 ounces (View shipping rates and policies)
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (2 customer reviews)
  • Amazon Best Sellers Rank: #2,694,502 in Books (See Top 100 in Books)

More About the Author

Felix Kloman is President of Seawrack Press, Inc., in Lyme, Connecticut, and was for 33 years the Editor and Publisher of Risk Management Reports. He is a retired principal of Towers Perrin (now Towers Watson). After two years as an officer with the U.S. Navy in the Far East, he spent ten years as an insurance broker in Philadelphia and New York. He then became a risk management consultant, serving as President of Risk Planning Group in Darien, Connecticut, from 1970-1985 and as a Principal with Towers Perrin, in Stamford, Connecticut, until his retirement in 1993.

He consulted and lectured globally for a wide range of corporate, financial, educational, and governmental clients, with particular emphasis on risk management audits, risk management administration and alternative forms of risk financing. Since 1985 he has championed a more holistic and strategic approach to risk management. He wrote and edited his monthly newsletter, Risk Management Reports, from 1974 through March 2007. He is the author of Mumpsimus Revisited (2005), and The Fantods of Risk (2008), both sets of essays on risk management. In 2011 he published Dead Reckoning: A Personal History. He is a Fellow of the Institute of Risk Management (London), a past director of the Nonprofit Risk Management Center, a past and founding director of the Public Entity Risk Institute, past chairman of the Risk Management & Insurance Committee for the US Sailing Association, and a charter member of the Society for Risk Analysis. He received the Dorothy and Harry Goodell Award from the Risk & Insurance Management Society in 1994.

He is a graduate of Princeton University, 1955, with an A.B. degree in History.

He and his wife Ann, a mystery writer, live in Lyme, Connecticut.

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1 of 1 people found the following review helpful By Chris Duncan on September 20, 2005
Format: Hardcover
As a long time "student" of risk management (former CRO, Risk Manager), former spear carrier for Felix Kloman in the old Tillinghast days, and a person who appreciates and admires Felix Kloman's contrarian nature, this book is a great read for all those in the risk management profession, and for those who are not but have an interest in the topic. It is full of thought provoking gems that challenge conventional risk thinking. Only in Kloman's world can one draw risk lessons from Homer's Odyssey that ring true today (pg 31/32):

* "Managing risk involves moral ambiguities

* Watch out for unintended consequences

* Prepare for contingencies, but expect surprises

* Life is exploration and adventure - don't avoid risk"

Entertaining, clearly written, occasionally repetitive, easy to digest in chunks over a plane ride or two, its well worth the read. You'll find yourself highlighting pages, and writing notes in the margins for use later -- all the signs of a good book.

Chris Duncan

Marsh, Atlanta Georgia
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Format: Paperback
"I thoroughly enjoyed the book on a number of levels. It enhanced my risk management knowledge base, and via the author's example, re-enforced my own belief in the student & teacher approach to gaining knowledge, understanding, and then sharing what is learned with others. It was also very clear that Mr. Kloman enjoys writing. In sharing some of his own experiences and obvious sense of fun, he adds much to what could be a dry subject in the hands of others."
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Mumpsimus Revisited: Essays on Risk Management
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