To protect and create value through risk management, you need to minimize risk and optimize how you manage your health and safety, people, property, asset and other exposures. Effective strategic and operational risk management is only possible through a broad view of all your risks and the uncertainties and opportunities that could impact sustainable success.
To manage new and emerging risks through compelling and auditable risk management approaches, WTW Risk Management Consulting brings together:
- Comprehensive risk management and risk governance expertise
- Access to sophisticated risk analytics
- A strategic approach to identifying and accessing risks
- Powerful tools that support smarter risk identification and mitigation.
Risk Management Consulting helps you connect risk decisions to corporate strategy and business goals. We create these connections through actionable outputs that enable more aligned collaboration between risk management, finance, and the c-suite.
Modernize how your business both understands and manages its approach to changing risks with our consulting expertise and data analytics.
Your organization may be facing risk management challenges from multiple areas of operation and strategy.
Supply chain disruption requires better preparedness, resilience and clearer insight into your emerging and interconnected risks. Geopolitical tensions are also heightening supply chain risks, demanding wide-angle perspectives to identify, quantify and mitigate vulnerabilities across global supply chains.
Understanding your ESG priorities, including protecting employee health, safety and psychosocial wellbeing, is now vital to long-term profitability, as well as meeting your customers’ and investors’ demands. Issues such as hybrid working, increasing costs and labor shortages and shifts in employee attitudes, are also opening up new areas of people risk around wellbeing, safety and adequate training. These risk areas could contribute to increasing regulatory action and personal injury claims.
Industrial unrest, political mistrust and a widening wealth gap between society sectors are creating societal disruption.
Artificial intelligence (AI) may offer enormous benefits to businesses and society but we are still trying to understand the risks that the technology poses.
Concerns around future resilience increase as our warming world faces increasingly frequent and severe extreme weather events.
WTW Risk Management Consulting focuses on ensuring you get the support you need to manage risks effectively. As a global risk advisor and broker, we offer connections across disciplines, sectors and geographies to create holistic solutions tailored to your priorities and based on a deep understanding of your organization’s complex needs.
Our Risk Management Consulting also calls on wide-ranging risk analytics capabilities, giving you clarity on the risk management issues impacting your strategic and operational processes, including:
- Where do your greatest risks lie?
- Is your risk treatment strategy efficient?
- How effective and embedded is your risk management culture?
- Is your risk appetite aligned to your strategy?
- How can you identify hidden opportunities for optimization?
Our range of integrated risk consulting services and risk analytics enable you to:
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Uncover optimization
Uncover your path to risk optimization by quantifying exposures and discovering value with experts in enterprise risk management (ERM) and powerful risk analytics and risk governance tools.
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Strengthen resilience
Strengthen your resilience and prepare your organization to restore operations in the event of a disruption with specialist business continuity, crisis and reputational risk services and business interruption exposure modelling.
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Develop strategies
Develop and implement strategies to avoid or defend regulatory action and personal injury claims through our claims defensibility and regulatory specialists.
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Improve risk
Improve operational risk control and compliance with guidance and support from our Health, Safety and Environment specialists.
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Create wellbeing
Create an employee experience that supports employee wellbeing and productivity, demonstrating to insurers you are effectively addressing employee stress and psychosocial issues in the workplace, with our range of health and wellbeing services.
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Reduce accidents
Reduce accidents and the risk of incidents liable to cause harm to your workforce, customers or environment by protecting your people and business with our health, safety and environmental consultancy and training.
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Ensure consistency
Ensure your risk management approach is consistent, rigorous and compliant with corporate governance and business best practice with specialist ERM expertise.
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Tackle transport
Tackle new and emerging transport and fleet risk management issues, such as the transition to electric vehicles, the advent of autonomous transport and alternative fuels, with our experienced industry experts.
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Optimize property
Optimize your property risks by harnessing the expertise of our property risk engineers and prevent underinsurance, or overpaying for property cover, with accurate rebuild cost assessments powered by comprehensive data and risk analytics.
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Challenge risk
Challenge your views on current and emerging risks and strengthen governance with the aid of a WTW Risk Partner.
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