Managing risks is an insurers’ primary discipline. Yet when it comes to assessing enterprise-wide risks in today’s climate, they are faced with increasing difficulties in identifying, measuring and mitigating their risks in a holistic, transparent manner. With regulators, boards and investors placing evermore scrutiny on robust risk management of current and emerging risks, it is as important as ever to be able to be aware, equipped and prepared for all risk scenarios.
Mazars’ Insurance Risk Consulting services provide the technical expertise to help manage the increasing uncertainties of the insurance landscape. We offer a complete approach to the management of insurance risk, from the implementation of ERM programmes and aligning risk culture, to preparing for and responding to emerging risks. We utilise a cross-disciplinary approach and a global pool of experts, which means that you will always receive value adding insights on managing and responding to risks, from leaders in the field.
How we can help:
- ERM maturity & implementation programmes
- Risk culture assessments & training
- Risk strategy identification & implementation
- Risk identification, measurement & mitigation
- Cyber risk measurement & mitigation assessments
- Stress-test implementation & reporting
- Business cycle optimisation
- Risk-based portfolio management
As we approach 2023 year-end, there is more clarity on what the future of Solvency II in the UK will look like. The PRA have confirmed the reforms to be implemented on 31 December 2023 in advance of their final decision on recent reform proposals.