Integrated Risk Review
The service
Performing an integrated risk review can help evaluate the financial impact of prospective loss incidents.
An integrated approach to risk assessment and control is appropriate where a business activity involves inter-related hazards across the full range of property, safety, environmental and business interruption exposures.
What the client obtains
Our co-ordinated approach from appropriate risk control disciplines presents a report which provides:
- an in-depth cross-class analysis of risks to which your business is exposed
- an understanding of the combined financial, commercial and social costs which could flow from any loss incident that can be envisaged
- an evaluation of the effectiveness of existing loss prevention and control measures
The benefits
An integrated approach to risk evaluation and control enables development of a comprehensive programme of loss prevention and control. You can set priorities for investment in risk control measures based on an understanding of the full business impact of prospective loss.
Risk management resources can he deployed cost-effectively by addressing fire prevention, safety, quality management and other business objectives within an integrated programme. And cross-class risk funding programmes can be developed, addressing both finite and catastrophic loss potentials.
