Risk Management

Find Out More About Risk Management?

Let one of our SHC experts guide you through the Risk Management process to ensure your business is always prepared.

Risk Management

SHC is here for your Risk Management needs. We understand how confusing Risk Management can be. That’s why we have experts standing by to help you understand your options so you are able to secure the proper coverage for your business. With the professionals at SHC to explain the process to you, it’s easier for your business to have the best possible Risk Management strategy. When you’re ready to find the right solution, contact SHC to get started.

Definition of Risk Management

‘Policies, procedures, and practices involved in identification, analysis, assessment, control, and avoidance, minimization, or elimination of unacceptable risks. A firm may use risk assumption, risk avoidance, risk retention, risk transfer, or any other strategy (or combination of strategies) in proper management of future events.’

The right Risk Management policy is necessary for many reasons. SHC is here to explain the process to you and help you discover the best Risk Management solution for your business. By thinking systematically about all possible risks before they happen, you are able to protect your business from potential loss. SHC has helped thousands of clients just like you discover the best Risk Management policy for their business.

SHC can set up a process to help your business identify risk and create a strategy to control the risk or deal with its consequences. We want to make it easy for you to contend with the confusing options that come with Risk Management so your business is always prepared. SHC can explain the process and guide you through selection of the best solution for you.

Our Risk Management assessment will:
1. Identify, characterise, and assess threats
2. Assess the vulnerability of critical assets to specific threats
3. Determine the risk (i.e. the expected consequences of specific types of attacks on specific assets)
4. Identify ways to reduce those risks
5. Prioritise risk reduction measures based on a strategy

Risk management should:

  • Create value
  • Be an integral part of organisational processes
  • Be part of decision making
  • Explicitly address uncertainty
  • Be systematic and structured
  • Be based on the best available information
  • Be tailored
  • Take into account human factors
  • Be transparent and inclusive
  • Be dynamic, iterative and responsive to change
  • Be capable of continual improvement and enhancement

For more detailed information on Risk Management please click on the PDF icon under "downloads" below to download an informative pdf.

The professionals at SHC are standing by to help you get started. When you’re ready to discover the best possible Risk Management solution for your business,  Call 1300 730 073 or use our secure contact us form

What our clients say:

Join the many satisfied customers that SHC has already helped. See what some of these customers are saying about their experience with SHC:

“Our business was confused by the concept of Risk Management. Since we had been with SHC for many years, we contacted them to discuss this option and find out if it was right for us. Like always, they quickly responded and took the time to explain it so we could make an informed decision. It turns out that our business did need to move ahead with Risk Management and SHC was there to help.”

“When you have questions, SHC is always there. I had questions about Risk Management and needed help figuring out what was best for my company. The experts at SHC went out of their way to make sure I understood all options so I could get the best coverage for my company."