Risk Management

In addition to reducing your insurance premiums, effective risk management will result in your business making fewer claims, suffering less disruption and enjoying greater efficiency and consequently profits.

The true costs of disruption and/or claims are often difficult or impossible to identify or quantify e.g. downtime, management time, cost of customers not acquired, loss of reputation/bad press etc.

We can help you to identify and understands the risks facing your business and design a programme to help you to manage these effectively. Our specially developed software package allows us explore together every aspect of your business and from which we can design practical and cost effective approaches to control or eliminate these risks for you.   

Health & Safety

An effective Health and Safety strategy will bring its own rewards and pay for itself by a combination of improved insurance savings and efficient management procedures.

An HSE visit following an accident may need you to be able to protect yourself from criminal prosecution, and spot checks can still result in prosecution of directors or disruption to your business if they impose a prohibition order on you.

We will play a key role in helping you develop or continue Health and Safety strategies and keep you up to date with ever changing legislation.

Our bespoke approach can save your business. Just having an “off the shelf” Health & Safety policy does not make you compliant – understanding and implementing it together with all the supporting documentation will.

Insurers are interested in your commitment to Health and Safety management which has a bearing on the premiums they charge and consequently affects your profits.

Business Continuity/Disaster Planning

Many businesses are under the misapprehension that their insurance company will get them up and running again after a major event. The insurers will of course provide financial assistance subject to the correct policy but they are not there to get your business back to where it was – only you can achieve that.

It is a sad fact that many businesses fold within 18 months of a major incident (some estimate as high as 85%) as the effects are such a serious distraction to the management team that the day to day running of the business dips significantly and customers can be lost for good. These consequences will be more destructive than the original incident itself.

Businesses that are pre-prepared and plan how to react in such situations, cascading and delegating functions within their teams, ensure that the business is rebuilt quickly and effectively whilst reassuring customers and suppliers so that  the business continues with minimal disruption.

At a time of inevitable distress and often panic a pre-formed plan will provide the clarity necessary for the continuity of the business. You may even find customers or banks demand that you have one in place to protect their own interests!

ECS have many years experience in devising such plans for our clients and we will be pleased to discuss your own needs.