Every business faces innumerable risks, make sure you don’t miss one
The risks associated with running a business are extensive. Each one has the capacity to inflict financial loss on your company.
As a growth led business, risk is something you embrace. You wouldn't be where you are now if you had taken every possible step to avoid risk. You work with it, you challenge it. Our job is to support and guide you through your options on how to deal with it. We work with our clients to identify risks and bring a sense of clarity and understanding on how best to manage them.
The purpose of insurance and risk management is simple. Protect the company balance sheet, cash flow, reputation and directors personal assets. As you drive your business towards continuing growth the risks change and grow at the same time. Identifying, understanding and assessing their potential impact is vital regardless of whether you are a small business or a large one. Watching your back is critical.
Insurance cover is crucial but beware, they are a risk in their own right. The average policy can be 26,000 words of legal jargon long, that’s about the length of Shakespeare's ‘Romeo & Juliet’. Legal expressions, exclusions, conditions, warranties and cross referencing of clauses are all a part of these documents. You don’t have time to read them all, but we can do it for you.
Areas of practice
VRG Support Overview & Value
The Venture Risks Group service supports you across all areas of risk