The success of your health and social care business relies not only on finding and keeping the people you need, and ensuring your business isn’t thrown off course by, for example, cyber security threats or environmental, social and governance (ESG) issues. It’s also about reaching the right balance between reducing risk and spending on insurance and mitigation.
How WTW supports the health and social care sector
Our health and social care sector specialists are dedicated to optimising your risk programme, helping you recruit and retain staff, and providing smarter ways to manage risk and improve your resilience. We work with you to help protect and grow your business, calling on deep health and social care knowledge and embedded, data-driven, risk analytics.
We work with health and care providers across the country and internationally, in both the private and not-for-profit sectors. From hospitals and clinics, including mental health facilities, residential and nursing homes, to hospices, domiciliary care and charitable care, our risk analytics and sector insight deliver smarter ways to optimise today’s health and social care risks and offer valuable foresight on the risks of tomorrow.
Optimised risk and insurance for health and social care
If you’re charged with managing risk for your health and social care business, you could face a widening range of questions on your approach, and heightened scrutiny of your responses.
Your stakeholders, including employees, customers and directors may increasingly want answers on:
- How you can demonstrate robust risk management decisions and risk governance?
- How is your employee benefits and wellbeing programmes working to attract and keep the people you need?
- How can you demonstrate the business isn’t either spending more than it needs to on insurance, or facing underinsurance due to the impact of inflation?
- Do you have a handle on cyber risk and the threat it poses to your organisation?
- How is the business responding to climate and ESG risks and opportunities?
We work alongside you to develop a shared understanding of the factors that can impact your growth and profitability. We support through robust risk management and risk governance approaches that drive transparent, quantifiable, and auditable decision-making.
