Every business is exposed to risks that must be addressed in order for it to thrive and grow. Insurance, sometimes called Risk Transfer, is just one way of dealing with some of the financial impact when things go wrong.
Your business is always left with an exposure to the wider financial, reputational and human consequences of losses which cannot be transferred. For example, fines and penalties for breaches of health & safety, management time in dealing with incidents, loss of customers you’ll never get back and poor staff morale.
80% of businesses without a contingency plan will eventually fail after a major loss*. It is important for companies to consider other ways of managing risk, apart from buying insurance. If you need assistance in identifying the risks that your company is exposed to, in order to mitigate the likelihood and impact of a loss, Centor is here for you.
Whether you need support with Health & Safety, Business Continuity or trade specific risk advice our experienced, and qualified, Risk Management Team can help you.
More information about the Head of our Risk Division – Keith Marlow can be found here.
The best businesses know that proactive risk management delivers more than just business protection and legal compliance. It can augment operational effectiveness and resilience, forge positive engagement with employees, deliver improved performance, and create a competitive advantage.
Rather than spending resources on expensive consultancy from someone who doesn’t understand your business, you need a tailored approach designed by experts specifically for your requirements.
This bespoke approach to your risk management needs is what makes Centor different and, whilst we can explore the entire spectrum of Risk Management disciplines, these are examples of where we’ve helped our clients;
- Health & Safety Support / Consultancy
- Employee Training
- Fire Risk Assessment
- Business Continuity Management
- Flood Assessment
- Environmental Assessment
- DSEAR Assessment
- Noise Assessment
- Building and Machinery & Plant Valuations
All of this can be supported by our system Centor BCARM – a suite of management tools which you can use to manage your exposures and controls. If you would like to discuss your Risk Management requirements with us, please contact Keith Marlow or your Centor Account Manager.
*Lloyds TSB Business Guide