As legislation becomes increasingly
complex, the need to identify, assess and minimise hazards within
any business is vital, if you are to address both your corporate
and legal obligations.
Fact: 80% of businesses suffering a major loss
never recover and go into liquidation within three years. We aim to
ensure our clients are among the 20% that survive.
A well managed risk management strategy is key
in terms of reducing risk within your business to an acceptable
level, enabling you to control costs and protect stakeholder value.
Without a risk management strategy in place your personnel,
reputation and profitability may all be at risk.
Some risks are obvious while others lie
undetected due to lack of awareness. Here are just a few reasons
why risk management is a critical business issue:
- Less than 25% of businesses operate reliable
personnel, safety or security procedures - even though company
directors can face personal liability and criminal charges
- Less than 20% of businesses operate any
organised form of IT security
- Risk management benefits profitability. By
identifying and tackling key issues, costly mishaps can be reduced
or even avoided
- Demonstrating effective risk management
improves our ability to present your business to insurers and
obtain best possible terms
- Demonstrating effective risk management
improves your negotiating stance with bankers and key
customers
- Our dedicated staff are able to provide a
comprehensive risk management service
As a result, Towergate Risk Solutions has
gained a reputation as one of the leading independent brokers
offering a fully integrated risk management service.
To find out more please contact your local
Towergate Risk
Solutions office.
