At WPS , we take a risk management approach with all our clients .
We see arrangement of insurance as "the last resort" and recognise insurance is only a means of risk transfer for a few of the business risks which most clients are exposed to. We encourage all clients to take a "holistic" approach to business risk management and to look at risk in a structured way:
- Identifying risks you are exposed to
- Analysing and assessing those risks
- Consider ways of reducing the risks and deciding risks you can retain
- Consider risk transfer (Insurance being one option)
By taking this approach, clients can manage their business more effectively and see risk as an opportunity not a threat.
We can also radically change insurance programmes to suit your needs rather than those of insurers.
Contact our risk management team for further advice:
Jim Nicholson firstname.lastname@example.org 01752 675454