Market Expectations​
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Insurance providers have an expectation that appropriate risk management practices and frameworks are in place to minimise potential losses. Although risk management is important to clients, it is not clearly understood in the context of insurance policies and the impact it may have on asset and human capital protection.
Insurers (and reinsurers) are demanding clients and their applicable governing bodies skill themselves appropriately to develop and maintain a transparent and clear risk culture in their organisation. Risk Culture can include robust governance policies and practices, compliance regimes and day to day Risk Management practices.
What we do
At JV Consult we can help your organisation build a risk management framework and fuse it with your insurance policies. We work with you and your broker to build a client profile that clearly articulates the nature of your business and is easily understandable to insurers.
We identify any risk areas that require addressing and develop a plan with yourself in improving or implementing a risk management framework.
We use a Risk Management Framework to better present your risk to underwriters and secure the best possible policy and pricing
In conjunction with Ascentium, we provide compliance services and audit capability.
Jim Varelas, Director
Jim Varelas has had a 26 year professional career in the insurance and risk industry, specialising in implementing appropriate risk management practices and helping clients and their applicable governing bodies to skill themselves appropriately to develop and maintain a risk culture in their organisation. Risk Culture can include robust governance policies and practices, compliance regimes and day to day RM practices.
Vito Giudice, Director | ASCENTIUM
JV Consult works closely with Ascentium to provide compliance review. Both our organisations see the value in working collaboratively and delivering a holistic service to clients. Vito co-founded ASCENTIUM on the strong belief that risk, compliance, internal audit and control services can be delivered in a more transparent and cost-effective way than the norm. With over 17 years experience in public and private environments, in senior roles, across a range of industries including financial services, government and the not-for-profit sectors, in both consulting and in-house risk management, governance and compliance roles, Vito would be delighted to show you how ASCENTIUM can help your organisation grow.
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