Why is risk analysis important?

Transport & Allied Insurance Services offer insurance risk assessments in order to establish the insurable aspects of a business that could have a negative impact on their overall objectives. It is vital for a company to recognise threats to their business and its employees, thoroughly assess the magnitude and probability of any potential losses and then implement insurance and procedures to transfer and minimise these risks.

As advisers, it is imperative we conduct a thorough risk analysis in order to assess the need and extent of coverage required for all necessary insurances, including:

  • Premises / Depot / Workshop / Contents
  • Fleet – Heavy motor vehicle / mobile plant
  • Public / Products Liability
  • Professional indemnity.
  • Workers Compensation
  • Marine Transit
  • Carriers Marine Cargo
  • Carriers Marine Liability to the Freight / Load
  • Contract works.
  • Cyber Liability
  • Management Liability
    • Statutory Liability (Government Fines / Penalties)
    • Employment Practices Liability
    • Directors & Officers Liability
    • Entity Liability
  • Trade Debtors
  • And much more.

Annual risk assessment for your business

We provide comprehensive risk assessments annually to ensure your implemented insurance program is up to date. We then tailor your insurance policies to suit your needs, covering all discovered insurable risks to keep your business operational and financially liquid.

Contact us to find out more about our risk analysis services