We deploy expertise in the form of consultants, auditors and engineers to understand the risks in your business and apply controls to reduce that risk.
However, risk can never be eliminated and when things do go wrong it can cost the organisation dearly in terms of financial loss, damage to reputation, impact on the environment or even legal prosecutions.
This is were insurance has a valuable part to play in returning the organisation to its previous state, as far as practicable.
Therefore it seems sensible for us as risk managers to talk to insurers in order for both to better understand the residual risk exposed.
By managing risk through an integrated system, organisations can reduce their claims profile and often this will result in lower premiums.
Insurers can benefit from reduced claims and risk managers can rest assured that any remaining risk to the organisation is covered against loss.
To find out how we can help reduce risk and protect your organisation, please contact us on 020 3432 2854.
