Risk management is at the core of corporate governance as it is critical for creating a sustainable, resilient organization. WTW takes a holistic, portfolio approach to risk management, using data and analytics to incorporate quantification, technology and subject matter expertise into our solutions. Our risk and climate diagnostics and risk finance solutions help support loss mitigation by using data and analytics to identify vulnerabilities, quantify exposures and evaluate risk transfer strategies, enabling you to not only align strategies with the rest of the business but also to create a more resilient, capital-efficient operation.
Through Climate Quantified™ we deliver market leading climate data and analytics tools to optimize organizations’ approach to managing climate risks and realizing the opportunities.
We also help organizations create enterprise risk frameworks to identify, monitor and manage risk and to build resilience through underwriting, asset management and overall operational excellence. Other risk services that help organizations in terms of ESG include:
- Protecting people and property from natural and man-made perils through risk control and catastrophe risk modeling
- Safeguarding data and intellectual property and mitigating cyber threats
- Managing liabilities, including directors’ and officers’ insurance and ensuring regulatory compliance
- Aligning risk management practices with the enterprise through risk assessment, quantification and optimization
- Assessing and managing supply chain risk
- Negotiating and designing environmental risk programs
- Ensuring health and safety of employees and customers through workplace services such as pre- and post-loss consulting, including medical cost containment and ergonomics
