United Kingdom

Your Risk Maturity Journey

The development of a mature risk management strategy will ensure your organisation is resilient in the event of unexpected shocks.

Click on the headings below for more information

  • Optimised Risk Transfer
  • Risk Retention
  • Risk Mitigation
  • Investment Decision
  • Risk Quantification
  • Risk Identification
  • Refresh your understanding of risk within a structured framework, aligning risk with corporate appetite and strategic objectives

  • Efficiently retain those risk you do not want to transfer, and potentially utilise alternative risk transfer methods

  • Implement loss prevention programs to reduce the probability and impact of the property, casualty, environmental, specialty, and cyber risks you face

  • Decide how best to deploy your capital across risk transfer, risk retention, risk mitigation to optimise your Total Cost of Risk (TCOR)

  • Quantify the potential impact of these risk to your people, assets, and balance sheet

  • Understand: the property, casualty, environmental, specialty, and cyber risks you face; your appetite for each; and alignment to your strategic objective

Individually or in combination these practices can reduce your total cost of risk

 

 

Aon UK Limited is authorised and regulated by the Financial Conduct Authority. FP: GBCEE0020