Risk Management

At QBE we believe that best practice organisations are those whose leaders facilitate and pro-actively engage in the processes of risk management. Effective risk management is an essential feature of all successful organisations and is one of our key underwriting considerations.

We encourage and support you to set in place the necessary organisational structure, systems and strategies to manage your insured and uninsured exposures, whilst also meeting your moral, legal and financial obligations.

We believe in working closely with both brokers and clients, providing a range of services from expert advice and technical guidance to bespoke tailored ‘risk based’ improvement programmes.

Our objective is to work hand in hand with all stakeholders to ensure we capitalise on every opportunity to contain and control risk thereby minimising the frequency and severity of any issues.

The benefits of risk management

Strong risk management can provide significant benefits including:

  • Reducing the frequency and cost of claims
  • Improved management processes
  • Better informed decisions about management priorities.

Of course, it’s in everyone’s interest to avoid claims arising in the first place, that’s why each of our product divisions has a team dedicated to risk management.

One size does not fit all; each of our divisions develop and manage their own risk management strategies to suit their particular insurance product, whilst being able to share their knowledge and experience with their risk management colleagues across the group.

Typically each client broker relationship will be allocated a risk manager who will provide access to a wide range of support services, including:

  • Bespoke/tailored risk management approach and advice
  • Assistance in making the business case for change
  • Risk management events and specialist workshops
  • Access to a network of QBE support services
  • Partnerships with innovative service providers
  • Best practice guidance within a wealth of claims and risk management literature.
Resources
Adobe PDF file Multinational Risk Management Insert Download
Internal link More about QBE Risk Management View
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