Check if your business is at particular risk from flooding
Crisis Survivor, Dynamic Risk Management & Business Continuity Planning

According to the British Standards Institution, 87 percent of businesses believe that risk management protects revenue and enhances value for money;  93 percent agreed that it improves accountability, decision making, transparency and visibility.

Risk Transfer Analysis

Business risk is the amalgam of all internal and external risk factors, both upside and downside, which impact the profitability and value creation of an enterprise.

 

Essentially, it is comprised of four main elements:

► Strategic Risk – the risk of missed opportunities

► Financial Risk – managing exposures and controlling volatilities

► Operational Risk – the risks inherent in the processes of managing the business

► Hazard Risk – the risk of losing access to the resources utilised by the business

 

Conventional insurance products typically only address 20% of these risks at most, leaving the vast majority of risk exposures unattended.

 

By contrast, Risk Transfer Analysis takes 100% of the business risks identified by the outputs of our Enterprise Risk Analysis and Business Continuity Plan audits and measures them against the range of risk transfer strategies employed by your business, whether via contract, insurance, or by any other means.

 

The resultant commentary provides a strategic GAP analysis that enables you to better understand the scope and relative importance of your various risk exposures, so that you can be sure of fully protecting your business in all the key areas in the most cost-effective manner.

 

Please note that Risk Transfer Analysis is a strategic tool that allows you to evaluate how efficiently your current risk transfer mechanisms work relative to the identified business risk exposures.  It is not intended to be an audit of, for example, insurance contract wordings or to offer insurance advice.