RISK MANAGEMENT SOLUTIONS

Risk management is central to the way an organization works.

We regularly work with local and international companies to deliver high quality risk management consulting and insurance solutions to meet their needs.

Our pool of experts have a wealth of knowledge and experience enabling us to meet the increasing demands of our clients by providing a tailored high quality, professional service at a price that represents real value for money.

We have assisted a wide range of local and international companies with their risk management needs.

Specialising in all areas of risk management, we are able to provide pro-active solutions addressing:

    Contractual risk management

  • Counterparty credit risk
  • Liquidity risk
  • Credit risk
  • Market risk
  • Strategic risk
  • Operational risk
  • Reputational risk

    • Each new crisis highlights the importance of having thorough and effective total risk management in place. We have developed high quality services which address the demands of fast charging regulation.

    Quality deliverables means quality people. Our consultants are all highly qualified legal, insurance/reinsurance and risk professionals. Through their extensive personal experience from a wide range of industries and practical know-how gained in both developed and emerging markets, they are able to provide appropriate and added value solutions to the problems faced by businesses today.

    What is Enterprise Risk Management?

    Enterprise Risk Management (“ERM”) is an approach to risk management which encompasses the complete risk management cycle, ensuring that the business takes a consistent and integrated company-wide approach to managing all of its risks and their interactive effects. It involves a senior management top-down approach to ensure that
    ALL risks in the firm and their effects are considered in the risk management process, together with a bottom up process to ensure that it is embedded into the business.

    The process includes:

  • Risk Identification – identifying all of the risks that are relevant and the degree to which they can affect the business.
  • Risk Measurement – quantifying those risks that can be measured, together with the impact on the control environment, allows a firm to prioritize its risks by the degree to which they can damage the company.
  • Risk Monitoring – monitoring risk and disseminating the resulting information to the right manager at the right time is critical.
  • Risk Mitigation – this is the actual proactive management of the risk profile; ensuring that it remains within the company’s risk appetite, based on the goals and mission of the company and providing conclusions on the active management of these risks.

    • We can help you to ensure that your risk management process is comprehensive and company wide through providing consulting services such as:

  • Risk Process Evaluations – we will assess your ERM practices, compare them to international best practice and help you to develop and implement an approach to mitigate any potential weaknesses.
  • Risk Assessments – we will assess practices and methodologies on a more micro oriented basis and develop an approach to ensure that any individual area meets your company’s risk management guidelines consistent with its risk appetite, goals and missions.
  • Insurance Reviews – we will review your current insurance programs and benchmark them to ensure that they are appropriate, cost-effective and actually meet the requirements of your business. We have access to the local and international insurance/reinsurance markets and the experience and clout to negotiate the best covers for you at highly competitive rates.
  • Contractual Risk Management – we live in a highly litigious world and it is therefore imperative that the contracts we enter into with our clients, business partners, contractors , sub-contractors and suppliers properly protect the interests of the company and that the parties we deal with have the necessary insurances in place. Our legally qualified team of experts are delighted to assist you with this.