We assess how real risks can be mitigated. Preventative measures and optimizing the insurance portfolio play an important role in order to achieve this.
SwanAdvisory helps you identify your key risks and develops risk scenarios based on our extensive experience and market insights. After stress testing these scenarios we can recommend next steps to better balance your risk management efforts. In our assessment we will include your company’s risk bearing capacity and risk appetite. SwanAdvisory optimizes your risk budget, the preventative measures for your (un)insurable risks and delivers tailored insurance advice.
In many instances prevention or improved contract management can be better solutions than buying insurance, also because a policy does not cover everything. Through our analysis and by involving us early on in the process you will have a better grip on your risk management. This approach will lead to efficiencies, an improved risk profile, greater resilience and will generate savings.
Next to the implementation of preventative measures there will still be an insurance requirement. In the current market we see insurers significantly increasing premium and limiting cover. All the more reason to consider how to efficiently approach risk transfer. Time to demonstrate what risk management efforts have been taken. We also observe that in many cases companies purchase too much insurance. Often the risk bearing capacity allows organizations to insure less. We explicitly include this aspect in our advice to you.
