Risk identification and assessment is a critical component in the risk management process.

We have tools at our disposal to help us identify and assess the risks you face. This provides us with both a general view of the exposures your business faces and a detailed focus on those exposures unique to your operation or facility.

For example, wholesalers and distributors face fluctuating inventory levels throughout the year, with greater exposure to potential loss at specific times. They are also vulnerable to business interruption exposures if dependent on a supplier for materials or product. Recycling companies have an exposure if they unwittingly purchase items for recycling from someone who doesn’t have legal title or possession. These exposures need to be properly identified and then protected against with risk mitigation and risk transfer tools.