Developing an entire risk management function

For this new managing agent we were required to develop a new risk management framework to support the business through its early stages of independent management.

Our team consisting of an interim Chief Risk Officer and Risk Analyst we developed the entire risk management function from the ground up. Using our proven frameworks we developed the entire risk function, embedding risk management reporting; defined risk appetites and management protocols.

With a proven approach developed from a number of previous engagements we quickly provided the client with Solvency II compliant frameworks that enabled us to build out the function to a standard that exceeds Lloyd’s Minimum Standards whilst being efficient and effective