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Solution

Risk Management Consulting

Better prepare for uncertainty and opportunity with a smarter understanding of your risk through WTW’s data-powered Risk Management Consulting solutions.

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Why Risk Management Consulting?

To protect and create value through risk management, you need to minimize risk and optimize how you manage your health and safety, people, property, asset and other exposures. Effective strategic and operational risk management is only possible through a broad view of all your risks and the uncertainties and opportunities that could impact sustainable success.

To manage new and emerging risks through compelling and auditable risk management approaches, WTW Risk Management Consulting brings together:

  • Comprehensive risk management and risk governance expertise
  • Access to sophisticated risk analytics
  • A strategic approach to identifying and accessing risks
  • Powerful tools that support smarter risk identification and mitigation.

Risk Management Consulting helps you connect risk decisions to corporate strategy and business goals. We create these connections through actionable outputs that enable more aligned collaboration between risk management, finance, and the c-suite.

Modernize how your business both understands and manages its approach to changing risks with our consulting expertise and data analytics.

2024 risk management challenges

Your organization may be facing risk management challenges from multiple areas of operation and strategy.

Enhancing your risk management strategy

WTW Risk Management Consulting focuses on ensuring you get the support you need to manage risks effectively. As a global risk advisor and broker, we offer connections across disciplines, sectors and geographies to create holistic solutions tailored to your priorities and based on a deep understanding of your organization’s complex needs.

Our Risk Management Consulting also calls on wide-ranging risk analytics capabilities, giving you clarity on the risk management issues impacting your strategic and operational processes, including:

  • Where do your greatest risks lie?
  • Is your risk treatment strategy efficient?
  • How effective and embedded is your risk management culture?
  • Is your risk appetite aligned to your strategy?
  • How can you identify hidden opportunities for optimization?
How can WTW Risk Management Consulting services support you?

Our range of integrated risk consulting services and risk analytics enable you to:

  • Uncover optimization

    Uncover your path to risk optimization by quantifying exposures and discovering value with experts in enterprise risk management (ERM) and powerful risk analytics and risk governance tools.

  • Strengthen resilience

    Strengthen your resilience and prepare your organization to restore operations in the event of a disruption with specialist business continuity, crisis and reputational risk services and business interruption exposure modelling.

  • Develop strategies

    Develop and implement strategies to avoid or defend regulatory action and personal injury claims through our claims defensibility and regulatory specialists.

  • Improve risk

    Improve operational risk control and compliance with guidance and support from our Health, Safety and Environment specialists.

  • Create wellbeing

    Create an employee experience that supports employee wellbeing and productivity, demonstrating to insurers you are effectively addressing employee stress and psychosocial issues in the workplace, with our range of health and wellbeing services.

  • Reduce accidents

    Reduce accidents and the risk of incidents liable to cause harm to your workforce, customers or environment by protecting your people and business with our health, safety and environmental consultancy and training.

  • Ensure consistency

    Ensure your risk management approach is consistent, rigorous and compliant with corporate governance and business best practice with specialist ERM expertise.

  • Tackle transport

    Tackle new and emerging transport and fleet risk management issues, such as the transition to electric vehicles, the advent of autonomous transport and alternative fuels, with our experienced industry experts.

  • Optimize property

    Optimize your property risks by harnessing the expertise of our property risk engineers and prevent underinsurance, or overpaying for property cover, with accurate rebuild cost assessments powered by comprehensive data and risk analytics.

  • Challenge risk

    Challenge your views on current and emerging risks and strengthen governance with the aid of a WTW Risk Partner.

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