Risk Management and Risk Transfer - Bommarito Consulting

RISK MANAGEMENT AND TRANSFER

IDENTIFYING AND ADDRESSING RISKS

Risk is an inevitable part of reality, but you don’t have to let your organization show up to the fight empty-handed. Our team can help you understand, implement, and maintain tools to assess and appropriately respond to the risks facing it.

Risk Forecasting

Business risks run the gamut, from IT systems and personnel departures to governmental action and technological obsolescence. Because these risks are broad and dynamic, its critical that your risk advisors are broad and dynamic as well. We apply our interdisciplinary and multidisciplinary expertise to help you forecast and plan for risks on the horizon.

Risk Assessment

Our risk identification and assessment services will help determine your exposure to risk on a company-wide level as well as at a division or functional level. We will identify existing risks and provide an analysis of the potential for and probability of loss from these risks.

Risk Management

We provide bespoke risk management services that are designed based on your company’s risk tolerance and the assessed risks. Our team will work closely with management to prioritize and respond to risks, as well as providing guidance on monitoring these risks in the future.

Risk Transfer

In many cases, identified risks cannot be avoided or mitigated directly. In these cases, risk transfer strategies become relevant. and we can help you navigate the range of options for traditional insurance to alternative risk transfer and pooling.