Risk Assessment and Management: Risk is the possibility of suffering loss and Risk management thus can be defined as the acceptance of responsibility for recognizing, identifying, and controlling the exposures to loss or injury, which are created by the activities of the organization. The process of Risk Management follows the following steps:

• Risk Identification – Search for and locate risks before they become problems.
  
  
• Risk Analysis – Evaluate the impact, probability, frequency and the severity of the risk and thus classify and prioritize risks.
  
  
• Risk Implementation – Translate risk information into decisions and mitigating actions (both present and future) and implement those actions.
  
  
• Risk Transfer – Risk may be transferred contractually to others or it can be transferred by way of insurance.
  
  
• Risk Review – Monitor risk indicators and mitigation actions and provide information and feedback internal and external to the project on the risk activities, current risks, and emerging risks.
  
  

Risk and opportunity go hand in hand. Many development projects strive to advance current capabilities and achieve something that hasn’t been done before. The opportunity for advancement cannot be achieved without talking risk.

“Risk in itself is not bad; risk is essential to progress, and failure is often a key part of learning. But we must learn to balance the possible negative consequences of risk against the potential benefits of its associated opportunity. “


We are independent from the control of any insurance company. Our function is to study the needs of the Insured and analyse the risks exposure facing the Insured and then recommend ways to reduce them and thereby reducing the premium rates. A full insurance programme will then be drawn up for the client’s consideration in order to arrange the policies with most stable and reputable insurance company which can provide the best coverage at the most economical costs.


We keep clients informed of market developments to avail clients of opportunities such as emergence of new markets or improved world underwriting results. We bring to bear skills and technical competency to understand your requirements and translate them into the purchase of insurance for you and not get you to buy whatever form of cover the Insurer happens to have readily available.


In order to have an effective portfolio we apply skill and expertise that has been achieved through impartial and independent professionalism.


In addition to the execution of the above function, we render continuous expert advice to the Insured and assist them in their daily insurance problems such as claims, processing and negotiation with Insurers to arrive at a fair settlement.


Our technical know-how will be most strongly realized when we negotiate for a settlement of a claim that is considered a borderline case. Whenever we are offered Insurance Portfolio Management Contact (IPMC) all these services are FREE of cost.