Our Services
OneRisk Consultancy provides strategic & technical risk management expertise and deliver tailored solutions to meet your organisation needs.
We provide a suit of ERM services that focuses on meeting your target level of risk maturity.
In respect to Climate Change we can support your organisations strategy and align it to your existing ERM framework to ensure
There is a robust framework in place to identify and manage climate risks
There is adequate visibility of risk management activities at the board level
Strategic discussions and supports the right risk / reward balance
Our Core Services
A description and key features and benefits of each of our core services is shown below:
Emerging Risk Framework
Design and Deep dives
We can assist in designing emerging risk frameworks to manage and report on emerging risks using techniques such as horizon scanning . Our approach is to categorise the risk against specific organisational threats. Then specific scenario can be developed within the Stress Scenario Testing framework to assist in making more informed decisions in respect to business planning and strategy.
Features and Benefits
Establish a specific process to uncover the unknown or poorly understood threats to businesses.
To have an early warning system in place to improve resilience.
Bringing key stakeholders together to address the risks efficiently.
Leveraging emerging risk processes for competitive advantage.
Stress and
Scenario Testing
OneRisk can help organisations in supporting and improving an existing or developing Stress and Scenario testing framework (SST). We can facilitate the development of scenarios analysis through design of storylines and research of future events or commonly termed realistic disaster scenarios and also design stress tests using bespoke models. The scenarios will need to consider an analysis of the past, present and possible which also covers an assessment of emerging risks
Features and Benefits
By recognising and responding to uncertainties before they erupt organisations can help to avoid losses, improve allocation of resources and stay ahead of competitors . The outputs can support a range of outputs including regulatory stress tests and can to be included in the ORSA (own risk self-assessment) report on a forward looking basis .
Risk Appetite
Framework Design
OneRisk can support the design and implementation of a risk appetite framework which lays out aggregate enterprise risk tolerances and appetites for specific risk taking activities and different risk types. Its sets a clear articulation of the amount and type of risk the company will accept in the pursuit of its strategic goals. This position will then act as the root of all risk management processes and targets that will be cascaded throughout the daily operations.
Features and Benefits
The Risk Appetite Strategy helps to inform all the company’s stakeholders that the company has clearly established boundaries for overall risk taking and decision making.
Support the drivers of strategy
Provide a planning guide for tactics in day to day management
Provide a set of operating constraints
Benchmarking of Enterprise Risk management (ERM) Maturity
We have developed an ERM maturity model that aims to assess the risk management gaps to assess the current state and inform the future risk management strategy. The process involved a detailed documentation review and structured interviews and is aligned to international risk management standards including ISO 31000. OneRisk delivers initiatives to further develop programme risk through the development of a roadmap.
Features and Benefits
The process provides a gas analysis that assesses an organization’s existing level of risk maturity against a target set of criteria.
Prioritises a set of recommendations or road map that leads to desired target maturity level.
Supports the risk manager in embedding ERM and benchmarking of ERM against international standards primarily ISO 31000
Review of Corporate Risk Register
and Risk Mitigation Plan
One of the core Enterprise Risk Management services of One Risk is to support boards of companies in reviewing their existing corporate risk register. Using best practice criteria the process involves the identification and assessment (using risk assessment criteria) of all the major risks both internally and externally that the organisation faces - thus generating the corporate risk profile or risk universe.
Features and Benefits
In our experience a clear understanding of ownership/ accountability of risks at a senior level in the organisation leads to a more efficient development and implementation of risk improvement actions which is the ultimate benefit.
Strategic insurance risk gap analysis
and programme optimisation
OneRisk have developed a unique consulting process that includes a review of an organisations risk profile to identify threats and specific "realistic disaster scenarios" that could impinge upon an organisation meeting its strategic objectives and this justifying risk treatment plans, specifically insurance risk transfer solutions.
Features and Benefits
Evaluation of strategic opportunities to transfer risk through insurance against an organisations critical risks.
Focus would be on new emerging risks such as Cyber insurance
To provide a framework for clients to assess alternative risk retention/transfer strategies to align with their risk financing strategy.
Risk Training
We have designed a range of training courses for both newcomers and experience practitioners to help embed best practice ERM within their organisations, specific courses including:
Risk Strategy and risk appetite and alignment to corporate goals
How to influence risk culture in the board room
Capturing and modelling specific emerging risks
Climate Change Risk Training
Stress and Scenario Testing
Features and Benefits
We are highly skilled, personable and have in-depth knowledge of subject matter
Our course our engaging and interactive. With practical case studies and exercises.