Risk & Resilience Advisory Practice

Enterprise risk management (ERM)

Sometimes known as enterprise wide risk management or even holistic risk management, ERM is the development and the embedding of risk management systems and processes throughout an organisation. ERM helps ensure an organisation operates within its risk appetite, while achieving strategic objectives. The WTW's ERM offering draws all risk management strands together so that your organisation’s approach is consistent, rigorous and compliant with codes of corporate governance and business best practice.

Interactive risk register

The Interactive Risk Register provides an efficient and effective way of understanding the risks that organisations face.

The new tool is scalable and fully customisable to fit your needs. The versatile methodology will help you identify, register, manage and report on your organisation’s risk, allowing you to make informed decisions about risk treatment strategies.

Business Continuity Management

Business continuity management is vital to an organisation's resilience strategy, designed to supplement crisis management and IT disaster recovery efforts. It focuses on re-establishing operational capability and capacity following disruptive events that have compromised an organisation's functionality. Essentially, business continuity is about proactive planning to ensure that your organisation can deploy the resources and materials needed to assist recovery at the right time, at the right level and in the right place.

Crisis Management

Crisis management is about preparing for and responding to sudden, unforeseen events that can threaten your organisation's stability. These events can take many forms, from natural disasters like a sudden power outage due to a storm or flooding to a data breach, workplace accidents or health & safety issues, all of which can disrupt operations.

Our specialist team offers a comprehensive suite of advisory services to help you navigate these challenges. This includes:

• Response planning: We help you develop strategies to react swiftly and effectively to various crisis scenarios.
• Crisis management planning: We help you create detailed protocols and procedures to guide your organisation through a crisis, ensuring everyone knows their roles and responsibilities.
• Conduct crisis management exercises: We help you to test these plans and identify areas for improvement.

Business interruption exposure modelling

Business Interruption (BI) insurance has been developed to protect businesses from loss of profit or revenue, including any additional expenditure incurred in maintaining the business, following an insured loss or damage to property and goods. Our team of specialists can provide your business with an accurate assessment of the potential for loss of revenue or profit and increased costs following a material damage to or loss of property.