Risk Management Outsourcing
In today's ever evolving business landscape, staying ahead of risks is paramount. That's why Aevitium LTD offers risk management as a service, freeing you from the burden of navigating complex uncertainties while enabling you to effectively manage your cost base. By partnering with Aevitium LTD, you can focus on what you do best while our fractional risk experts handle your risk management needs with precision and expertise.
A Comprehensive Solution
You will gain can access to outstanding risk management services through a quarterly subscription.
Technology
Supported by proven, but simple, technology solution
Fractional Risk Officers
Access deep risk management expertise
Cost-effective
Tailored quarterly subscription
Our Tailored Risk Management Solutions:
Unlocking Your Path to Resilience
All our offerings are supported by risk management software or technology solutions to streamline risk processes, enhance data analysis and reporting capabilities, and improve overall risk management efficiency. We can also tailor an approach specifically for you. This is an ideal solution for organisations to gain access to robust and cost-effective risk management capabilities.
Service Name | Description | RiskSmart | RiskSense | RiskPro |
---|---|---|---|---|
Annual Planning | Collaboratively assess and strategise, identifying potential risks and crafting a customised and proportionate risk management framework for the year ahead. | X | X | X |
Quarterly Risk Register Management | Maintain a centralised risk register, documenting and tracking identified risks, their impact, and mitigation actions throughout the year. | X | X | X |
Risk Process Facilitation | Guide and facilitate risk management meetings, including risk assessment sessions, risk reviews, and risk treatment plan discussions to ensure a structured and efficient approach. | X | X | X |
Annual Risk Process Monitoring and Improvement | Monitor the effectiveness and efficiency of risk processes, identify areas for improvement, and implement enhancements to optimise the risk management workflow. | X | X | X |
Quarterly Risk Reporting and Communication | Provide clear and concise risk reports to leadership, enabling informed decision-making and fostering transparency throughout the organisation. | X | X | X |
Risk Advisory Hotline | Provide a dedicated hotline or email support for you to reach out with risk-related inquiries, clarifications, or guidance on an ad-hoc basis. | X | X | X |
Stakeholder Communication | Facilitate effective communication with internal and external stakeholders, including executives, board members, regulators, and insurance providers, to ensure a coordinated approach to risk management. | X | X | X |
Annual Training and Education Refresher | Provide tailored training workshops to enhance risk management knowledge and skills across the executive teams and the Board, ensuring you are equipped to manage your risks effectively. | Up to 3 sessions | Up to 5 sessions | |
Risk Policy and Framework | Deliver and maintain tailored risk policies and policy frameworks to ensure compliance with relevant industry-specific regulations, driving business objectives. | Up to 5 policies | ||
Board Meeting Representation | Attend and actively contribute to board meetings, providing valuable insights on risk management. Enhance risk governance and integrate risk considerations into decision-making processes for proactive risk management strategies. | X | ||
Fractional Risk Officer | Support from a seasoned risk expert | Senior Risk Officer | Senior Risk Officer | Senior Risk Officer and Chief Risk Officer |
Monthly Cost in GBP excl. VAT | £800/mo | £1,300/mo | £2,500/mo |
Get Started
Please contact us if you would like to know more or subscribe to our Risk Management as a Service for your organisation.