Clarkson Insurance Brokers Ltd. provides specialised risk management services. This involves carrying out comprehensive assessment and analysis of risk and exposures, designing various treatment methods to ensure optimum return on equity. What is Risk Management? Risk management is a process that identifies, analyses and economically controls those factors that threaten assets or earning capacity within an organisation. The objective of Risk Management is to identify your risk and categorise it for mitigation of portfolio and risk reduction and to ultimately justify your cost of risk. True risk management is the identification, measurement, and management of risk to provide a targeted return on equity. Cost of Risk - measures the degree of success with which risk spending optimally matches risk exposures. Physical, procedural and operation risk management measures seek to not only prevent loss, but also to strengthen the operating integrity of the company. The concept Companies are inclined to benchmark virtually all risks on historical value and not on projected trends as in business development. To cater adequately for risk exposures, the ergonomic and demographic environments should be addressed. The progress of a company should coincide with their risk management philosophy and have the same advancement. It does not help to have a lucrative financial portfolio that is eventually eroded due to deficient loss control measures. Our Risk Management Services a) Risk Surveys and Audits We do the following:- i) Carry out comprehensive risk surveys to identify areas of inherent risks and exposures and suggest appropriate economic risk control measures. ii) Carry out comprehensive risk audits to identify risk management practice weaknesses and establish risk control implementation status and suggest appropriate remedial measures. b) Porfolio Evaluation and Rating i) Evaluate and rate the impact of Risk Management activities on risk quality vis-a-vis insurance and show the benefits. c) Insurance Programme Analysis and Review i) Monitor /review risk management and insurance programmes in relation to market trends /benefits and suggest cost effective revisions in risk treatment strategies to ensure they continue to be pre-emptive and responsive to potential risks and exposures. ii) Prepare superior presentation of the client's insurance portfolio for the consumption of the Insurance market d) Risk Standards Entrenchment and Training i) Support any existing in-house Risk Management programme through provision of a help line on related issues, e.g. participation in standards entrenchment, training and awareness programmes. e) Derivation of Optimum Deductible Levels Analyse historical data and suggest optimum levels of deductibles to adopt for each policy.