Insurance and Risk Management Solutions
Our approach to risk is holistic. We view insurance as only one component of a wider risk strategy. Insurance and risk management are complementary to one another, and when addressed collectively, your organisation will be empowered to make business decisions with greater confidence.
Typically, insurance will only cover or partly cover around 30% to 40% of the risks that threaten the ability of an organisation to achieve its objectives.
Understanding risks and making well considered decisions on how you will manage those risks substantially reduces uncertainty for your organisation. This is where our specialist risk management consultant can assist.
If you don’t know what will prevent you from achieving your objectives, your chances of reaching them are reduced significantly.
When organisations find it difficult to achieve their goals they often do so because they do not recognise the very issues that are staring them in the face; or if they do, many do not to respond appropriately. A sound risk management program ensures risks to your organisation’s sustainability are identified and addressed proactively so you can plan for your future with greater confidence.
Whitbread’s specialist risk consultant will work in partnership with you to develop, optimise and implement a sustainable risk management strategy.
Our risk specialist will;
A definitive risk management framework will provide your management team with the tools needed to implement an effective risk management system. This will provide strong assurances as to the effectiveness of your risk management processes, governance, administration and programs.
To find out more about our specialised Risk Management services, please call us on 1300 424 627 or contact your account manager.
Protect Your Business. Rest Easy
From July 1, 2017, some residential Strata Insurance policies will experience significant total premium changes as a result of amendments to the Terrorism Insurance Act 2003 (Cth). The changes apply Australia wide, and relate to the introduction of a Terrorism Levy.
With over 40 food and beverage products recalled so far this year (as of 5th October 2017), the impact of a product recall can cause severe damage to a manufacturer’s reputation and bottom line.
Unfortunately the frequency Strata Managers are faced with these issues is growing, and none are a problem that can be brushed aside. Strata Managers may either be held liable or joined in legal action if they have failed, or been alleged to have failed to disclose true information in relation...