Your independent Partner for Operational Risk Management. Corporate Presentation GrECo JLT Risk Consulting

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Moses Taylor
8 years ago
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1 Your independent Partner for Operational Risk Management Corporate Presentation GrECo JLT Risk Consulting

2 About GrECo JLT Risk Consulting Autonomous corporation for independent risk consulting of industrial enterprises in the area of operational risks Highly qualified team in Austria with international know-how in the area of industrial loss prevention in various lines of industry development and implementation of risk management systems Access to a global network of experts together with our partners of the JLT International Network Longstanding experience and efficient tools to support your risk management activities Development and implementation for Risk analysis for the improvement of your insurance cover solutions for the reduction of your operative risk customised concepts for the safeguarding of your business assets

3 Our range of service Underwriting Services Risk Engineering Project Management Risk analyses and processing of information for the improvement of your insurance cover Analyses of maximum loss scenarios, natural catastrophe scenarios as well as risk assessment of the entire supply chain Support in new and reconstruction projects through customised safety concept Risk Management Loss Management Trainings and Workshops Development and implementation of enterprisewide programmes for loss prevention Support of claims management in order to restore the operating status as quickly as possible Individual topics from the area of insurance technique, loss prevention and risk management

4 Underwriting Services Our risk analysis for the improvement of your insurance cover comprises the survey of your facilities as well as the evaluation of the following risk factors: documentation of the technical, constructional and organisational fire safety standard determination of special process risks and handling of hazardous materials analysis of business interruption potentials as well as detection of interdependency and CBI Risks evaluation of dependencies from infrastructural facilities analysis of natural catastrophe risks and survey of potential external exposures evaluation of possible maximum loss scenarios (i.e. PML, EML) documentation of potential for improvement The gathered data are comprised in an underwriting report Plausibility check of insurance values for buildings and inventory as well as the yearly Gross Profit/Loss of Profit

5 Risk Engineering Maximum Loss scenarios of operational risks evaluation of the maximum impact of a major loss for your corporation solutions for the mitigation of losses and for the reduction of the possible impact of the losses Business Interruption evaluation of possible scenarios of the interruption in your supply chain assessment of bottlenecks as well as internal and external dependencies concepts for the safe-guarding of your business continuity (e.g. Business Recovery Management) Natural catastrophe analysis of the possible exposures of your facilities through natural events such as earthquakes, flooding, flash flood, wind, snow, hail development of technical and organisational improvement measures

6 Risk Engineering Support for new or reconstruction projects assessment of the site including natural exposures and analysis of the neighbourhood as well as the infrastructure assessment of the construction support in the implementation of cost efficient and adequate precautions of new facilities and the reconstruction or extension of existing facilities respectively Risk Due Diligence support of acquisitions (M&A) through evaluation of the facilities that are to be acquired preparation of a package of measures Customised protection concepts development of client specific protection concepts including fire detection and fire protection facilities and structural fire protection evaluation of design documents assessment of current fire protection concepts regarding asset protection general project support prevention against burglary and theft

7 Focus of Risk Engineering As part of the comprehensive Risk Management Process our Risk Engineering service delivery focuses on the operational risks of your corporation or project respectively. Strategic risks products, service delivery markets Mergers & Acquisitions management capabilities. Business Risks (speculative risks) Market risks raw material markets interest, currency inflation market access (e.g. trade barriers). Financial risks liquidity investments treasury financing loss of receivables Operational Risks (pure risks) natural catastrophes accident interruption of the supply chains fire machinery breakdown environmental business interruption IT burglary theft.

8 Communicate and consult Monitor and review Risk Engineering as an integral part Risk Management as an integral part of the management process is a multifaceted tool Our service delivery is based on international standards that permits the smooth adoption of the results of the Risk Engineering in an Enterprise Risk Management System The interaction of interdisciplinary teams allows the best possible identification of the various risks and the continuous improvement of the Risk Management process Establish thecontext Identify risks Analyse risks Evaluate risks Assess risks Treat risks Risikomanagementprozess nach ISO 31000

9 Probability of occurance Risk Management Corporation-wide programmes for loss prevention individual risks are determined and evaluated in a defined risk management process own risk standards for a customised risk improvement can be implemented - these guarantee a consistent and balanced risk standard periodical risk report outlining all risk in the risk landscape procedure according to international standards allows an smooth integration in an Enterprise Risk Management System Impact

10 Loss Management Support of claims management take initial measures support with the selection of reconstruction companies coordination of experts insurance relevant editing of documents and data project support in the reconstruction process post loss management learning by losses identify potential for improvement and prevent consequential damages

11 Trainings and Workshops Our trainings and workshops are customized to your specifications and expectations and comprise topics from the following areas: Insurance technique Basics of insurance Specialised trainings in different lines of insurance Property insurance Business interruption insurance Technical insurances Liability Transport Insurability of risks Loss prevention and risk management Basics of loss prevention Fire protection in terms of insurance issues Special demands from insurers regarding asset protection Tasks of insurance within the scope of corporate risk management

12 Why choose GrECo JLT Risk Consulting? Competent solutions und Know-how recognized by leading insurers Improvement of the insurance coverage and reduction of the total costs of risk on the basis of our high-quality risk information Coordinated risk and insurance management through consulting from one single source Efficient risk monitoring through unified risk standards of a corporate-wide risk management programme Pro-active risk management consulting independent risk consulting provides an improvement of your risk. We are your partner and represent your interest in discussion with insurers and authorities. No loss of information when changing the insurer Access to international Know-how in 130 countries through the JLT International Network

13 Your contact at GrECo JLT Risk Consulting GrECo JLT Risk Consulting GmbH Elmargasse Wien Tel.: +43 (0) Fax: +43 (0) Christian Oppl Tel.: +43 (0) Fax: +43 (0) Johannes Vogl Tel.: +43 (0) Fax: +43 (0) Katharina König Tel.: +43 (0) Fax: +43 (0)

14 Thank you for your attention! All rights for this presentation are reserved. The presentation including its sections (all or in part) is protected under copyright. The information contained in it is confidential. This presentation and its content may not be used, translated, distributed, copied or processed by electronic means without the expressed agreement of the GrECo Group. Distribution to a third party is not permitted.

GrECo JLT Risk Consulting

www.greco.eu GrECo JLT Risk Consulting Your independent Partner for Operational Risk Management January 2013 About GrECo JLT Risk Consulting GrECo JLT Risk Consulting is an autonomous corporation for independent