Risk management
Identifies, assesses and prioritises business or personal risks as a basis for sound decisions.
Talk to usRisk management: Scope and purpose
Identifies, assesses and prioritises business or personal risks as a basis for sound decisions.
When is Risk management needed?
For businesses and households whose risks should be assessed systematically before insurance decisions are made.
Scope and steps in Risk management
- Inventory of assets, activities and dependencies
- Assessment of likelihood and potential impact
- Prioritisation of avoidance, retention and risk transfer
Key conditions and limits of Risk management
The analysis is time-specific and should be updated after operational, legal or personal changes.
The outcome depends on complete, current information and on decisions made by insurers or other parties involved.
Practical example: Risk management in action
When a site expands, the analysis identifies new property, liability and interruption risks.
Consultation on Risk management: What we need to get started
The following information helps us assess suitable next steps:
- Current policies and risk documents
- Locations, values, activities and dependencies
- Planned changes and previous losses