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Industry Spotlight: Food and Allied Industry
A risk-based approach for the protection of assets of businesses operating in the food and allied sector
More About Our Food Industry Solutions
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Our Solution: RISC
Our RISC solution delivers strong guidance and control over your insurance and risk profiles.
Our Solution: RISC
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Risk Mitigaters
Supporting businesses through development, growth and costs savings, by controlling exposures through innovative risk systems, processes and consultation. Let us show you how!
Discover Our Risk Solutions
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Industry Spotlight: Food and Allied Industry
A risk-based approach for the protection of assets of businesses operating in the food and allied sector
More About Our Food Industry Solutions
-
Our Solution: RISC
Our RISC solution delivers strong guidance and control over your insurance and risk profiles.
Our Solution: RISC
-
Risk Mitigaters
Supporting businesses through development, growth and costs savings, by controlling exposures through innovative risk systems, processes and consultation. Let us show you how!
Discover Our Risk Solutions
Risk Mitigaters offers strategic risk advice and solutions in multiple disciplines
Risk Mitigaters is a group of collaborative professional consultants who provide strategic risk advice and solutions in multiple disciplines, which identify and manage risk. Unmanaged risk may cause impact to your company assets, liabilities, income, and or personnel.
Collectively with our professional consultants with our group buying power, we provide integrated risk advice, support, and business risk software solutions. Risks are often linked, and so the best way to manage their likely impact is to take a holistic approach. This happens when risk advice and support is integrated with group expertise. No one solution, no one expert can cover all aspects of risk and impact. We have proven strategies and systems that do this.
We help you determine what can happen, how it can happen and what can be done about it before it does. In turn, profitability will increase and so will business resilience through targeted risk advice and services, tailored to your individual needs.
Find Our More About Risk Mitigaters
Identifying and Treating Risks
Poorly identified or untreated exposures become risks that increase the likelihood of financial loss. It is vital to have processes to identify and treat these. Any exposure which materialises in risk, if trigged, will impact one or more segments being assets, income, liabilities, or personnel.
For example, a defect in your product (Asset). This will lead to a loss of sales (Income), possibly compulsory recall and or harm to consumers (Liability). A fire or breakdown damaging buildings, plant or stock (Asset) will lead to lost sales and increased costs (Income). If employees (Personnel) or the public have also suffered property damage or injury, you may incur statutory and or legal liability (Liability).
If you’re concerned about risk and financial loss, if you don’t know how you stand or where to start, please tell us your story.
Below are just a few examples, naturally these lists can be significantly expanded ...
Assets
Loss or damage to buildings, plant & equipment, contents, stock, vehicles, equipment, cash and negotiables, debtors, inventory, investments, intellectual property, patents, trademarks, and goodwill.
Income
Trading income losses, denial of service, loss of gross rentals, service & advice failures, loss of royalties, commissions, and profits shares.
Liabilities
Contractual liabilities, liabilities to others for damage injury, damage to third party assets, economic harm, breaches of regulations and statutes, breach of intellectual property, product liability for defect, failure and recall, libel, slander, advertising liability, breach of copyright, legal defence costs, fines and penalties, cyber risk, political and country risk.
Personnel
Employees or contractor injury, death, health/wellbeing, resignation of staff, or loss or expertise to competitors.
Our RISC Software Program
One of our more innovative solutions is known as the RISC program. This provides program direct benefits and adds value to all stakeholders, i.e. insurers, brokers and of course your business. It combines our knowledge of risk systems and loss control with your insurance needs and at the same time, manages your insurer’s expectations.
RISC is an acronym standing for RISK, INSURANCE, SURVEY AND COMPLIANCE. It is also self-compliance audit software that delivers in plain English. Our systems are the tools that enable your business to be risk adverse and insurance compliant. Unlike other risk software solutions where you have to learn to use the software, RISC drives your business in an intuitive and common-sense way that then achieves the goals. With little hurdles to learning the system and help on hand, you can be up and running very quickly.
See how our RISC Software in the food and allied trades.
Similar risk solutions are available for other industries .