While GenAI adoption in ERM is still rare, it could offer potential to automate activities like risk analysis and provide advanced analytics. Yet, only 10% of ERM leaders are confident in using GenAI for deeper insights and just 30% use technology for real-time reporting. As risk data grows more complex and expectations rise, ERM faces pressure to digitalize. Already, 12% have integrated AI into risk management activities, positioning themselves as early adopters.