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Risk Management
Careful management of a company's business risks makes good sense and has a direct connection with the scope and cost of commercial insurance. Keeping a close eye on risks will lessen the chance for mistakes, injury and property damage and will therefore keep insurance premiums to a minimum.
Our risk management advisers are specifically trained to provide accurate and timely guidance on commercial risk management issues to help our clients minimise their insurance risks. We will advise on a wide range of risk management issues and particularly those relevant to a client's industry and or for which they have a statutory obligation to meet.
The task of managing risk varies depending on the company and the industry it belongs to. No single business can maintain the wide ranging knowledge and expertise required to meet today's obligations.
Typical Risk Management issues that affect business today:
- Material Loss Damage - To cover buildings, stock, or machinery, plant, business equipment and computers.
- Health and Safety
- Fire Regulations
- Business Premises Inspections and Maintenance
- Waste Disposal
- Moral Obligations
- Cyber Security
With the right advice a company can ensure it meets its statutory and moral obligations whilst ensuring their workplace is secure and productive. At the same time their annual insurance costs can be kept to a minimum.