Clients work with us to enhance their understanding of the malicious risk landscape in which they operate. This valuable insight empowers organisations to formulate effective risk management strategies and implement appropriate prevention plans; be that counter measures to mitigate threats or utilising insurance products to transfer risks.
An initial examination of an operating environment to obtain a better understanding of the malicious risks an organisation may face.
A contextual review can range from a short open-source assessment to an in-depth political risk/political violence research project. Contextual reviews are undertaken through the lens of political, economic, sociological, technological, legal and environmental (PESTLE) factors. Where appropriate, we bring in subject matter experts to ensure we are delivering the very best analysis.
From first principles, we consider potential adversaries and the nature of resultant threats, vulnerabilities and risks (TVR). This structured assessment informs the development of credible future scenarios to allow organisations to visualise their potential exposures.
Find out more about ‘Threat, Vulnerability and Risk Assessments’.
Building on the findings of a TVR Assessment and the identified incident scenarios, we calculate probable maximum losses, employing blast damage and other loss modelling techniques as required. The insight and accompanying financial worst-case scenarios are valuable tools that clients can use to make more informed insurance buying decisions.
Find out more about ‘Probable Maximum Loss Studies’.
We research and design geopolitical risk scenarios to help companies contemplate future risks and identify the potential impacts on their operations, assets and people. These can cover low-impact, attritional incidents through to realistic disaster scenarios as part of insurance exposure management or corporate resilience planning.
We develop and deliver training solutions for clients to help them build internal risk management capability. We can do this as a stand-alone initiative, or can start at first principles, undertaking a gap analysis to identify shortcomings that may disproportionately impact an organisation seeking to meet its risk mitigation objectives.
We offer operational support to ensure that the highest governance standards are met and maintained in line with industry best practice. This can include working with clients to assess quality of other vendors’ services and also offer due diligence on potential suppliers.