Risk Management with a Twist

In business, risk management is defined as the process of identifying, monitoring, and managing potential risks in order to minimise the negative impact they may have on an organization. Examples of potential risks include security breaches, data loss, cyberattacks, system failures, natural disasters and major hazard incidents. Companies will have systems in place to either prevent a risk coming to fruition or mitigate the impact of that risk if realised, but these processes can be further developed by giving ownership to the correct individuals within the business commensurate with the particular risk and having a robust governance process to confirm the risk control processes are both adequate and functioning.

By the end of the session, the participants will gain a greater understanding of:

• The pitfalls faced by clients
• What can happen when things go wrong
• The approach to risk management
• Governance
• The benefits of a holistic approach by reviewing the preventative and mitigations measures as a whole

Simon Hunter

A professional engineer with extensive experience in mining, minerals processing, commerce and the food processing industries regarding safety, risk and operations management.

John Mackenzie

A solicitor with a background in health and safety law especially relating to industrial disease and injury. Experience in dealing with claims and providing advice to industry on compliance and strategic management of risk.

The Insurance Institute of Bradford values and respects diversity and strives in all of our activities to take account of and respect the interests of all people it serves. There is an expectation that all speakers / presenters and attendees will act in this way too. Please see our Equality Policy on our website.

Anyone involved in or with an interest in risk management. This could be: Underwriters, Risk Managers, Brokers, Loss Adjusters and Claims Handlers.

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