Enterprise Risk Management

Our Enterprise Risk Team has the unique ability to draw upon HSBC’s expertise in insurance, banking and risk management advisory services to support a client’s whole risk management process.

With an increasingly complex business environment a joined up, holistic approach to risk is needed - Enterprise Risk Management (ERM). ERM embraces the management of risk as an iterative journey from the identification, quantification and assessment of risk to the implementation of a blend of various risk solutions.

HSBC Insurance Brokers, through its Enterprise Risk Management team can advise on any aspect of the ERM framework.

We can assist you with your enterprise-wide risk management in many ways, including:

conducting independent and objective high level risk reviews risk governance; providing commentary on current risk management processes, procedures and internal controls
assisting with the formation of a risk register, categorising risk (e.g. strategic, operational, financial and hazard), and prioritising and reviewing responsibilities for risk
reviewing risk controls, especially for the largest risks, and reviewing the blend current and potential on- and off-balance sheet risk solutions
using stochastic modelling to stress test the efficiency of your insurance programme and ascertain the optimal levels of risk retention and transfer