Consolidated Risk Management, CRM has been established to assist our clients with both their insured and uninsured risk exposures with practical and innovative risk treatment options. CRM strives to develop a close working relationship with our clients to better understand their operational procedures and management structure as well as their major risk exposures.
This enables CRM to develop risk management systems and solutions which are tailored to best suit our client’s operational needs and which are more easily assimilated to our client’s culture and the way they conduct their business.
A summary of our risk management services available is as follows:
- Risk Identification Reviews of risk exposures in line with AS4360
- Integrated Risk Management Programs are developed to readily incorporate our client’s existing operational procedures with continual risk improvement strategies and ongoing risk management advice.
- Operational Risk Reviews are conducted for client’s with mature risk management systems in place to verify and gauge the level of implementation and understanding throughout the organisation from director level to employee. These serve to reinforce the company’s commitment to risk management and also identify areas for improvement or where additional training may be needed.
- Risk Engineering Reports are provided to give risk treatment solutions to minimise loss potential or frequency for identified high loss exposures.
- Property Loss Control programs will provide management control systems as well as property improvement recommendations and may also include recommendations to improve liability, safety and business risk exposures.
- Underwriting Reports are provided to help satisfy insurer’s requirements and to ensure all positive risk control initiatives are highlighted. These reports can greatly assist to negotiate the insurance placement at best market terms and conditions.
- A Business Impact Analysis is provided to assess business risk exposures and their impact on the company’s critical business activities. When business impacts are analysed consideration is given to internal and external resources, risk control systems in place and the maximum acceptable outage.
- Business Continuity Plans, BCPs are prepared to help ensure business survival in the event of a major loss incident. BCPs can provide assurance that the business objectives will still be achieved despite an unexpected loss incident and provide peace of mind to investors and stakeholders.
