Risk Management
Personalized Risk Management Consultation at your business by qualified Risk Management staff who can provide specialised advice in loss control and risk transfer.
Risk management is the process of assessing the weaknesses, dangers, obstacles and perils that face your business and ranking these according to the probability of them occurring and the severity of harm to your business. You then decide how to manage the risks according to the rankings. For example, to manage the probability of fire, you may install smoke or heat detectors, fire extinguishers and hose reels. To manage the harm to your business from fire, you might take out a policy of insurance.