An effective risk strategy depends on getting the right balance between the risk you retain and the amount you transfer. We can help you understand the cost of risk in your business, enabling you to make more informed decisions based on the best available advice and analytics.
We start with your business
Our deep experience across a broad range of industry sectors means we are able to quickly grasp what’s important to your business both financially and strategically. Using the range of analytical tools available to us whether it’s identifying where your risk management investments will have the most impact on claims or modelling your retention levels to determine your optimal risk financing, our approach will help you establish your tolerance to risk while developing a clear risk profile for your business.
Creating strategic alignment
Change and the speed at which it takes place is now an accepted fact of modern business. Consequently, it is critical to ensure your risk strategies remain closely aligned with your wider corporate objectives and the changing environments you work in. New geographies can bring complex regulatory challenges, whilst product innovation can give rise to increased risks of litigation. Our strategic risk assessments keep pace with your company’s evolution to ensure your risk and insurance programme is optimised.
Risk control – help to reduce your cost of risk
We will look at the risk exposures throughout your business and advise on how you can improve your risk management programme to prevent damaging losses; this might be, for example, through a fire risk assessment, a health and safety review or business impact analysis.
Risk control services:
- Strategic risk assessment
- Business continuity planning
- Property loss control and business interruption
- Health and safety risk assessments
- Training seminars and workshops
- Claims defensibility
Risk analytics services:
- Risk retention analysis
- Risk tolerance assessment
- Claims analysis and forecasting
- Captive consulting
- Collateral strategies