oval risk services brochure

8/13/2019 Oval Risk Services Brochure

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Oval Risk Services

Focused risk solutionsfor your business

Insight. Service. Performance.


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99% of all UK businesses employ 249 people or less1. In2011, business insurance premiums for the engine room

of UK plc rose by 7.1%, making it the third fastest risingoverhead after transport and energy costs2. Insurers paidout 15.6 million a day for commercial vehicle claims,

business property damage plus business liability, professionalindemnity and public injuries on commercial premises3.Thats nearly 6 billion worth of commercial interruptions

a year across a wide range of severity in these categoriesalone. It begs the question: how much time, hassle and

money could your business save through a superiorunderstanding, mitigation and control of the risks you face?

No organisation wants to fall foul of regulators, or lose the

confidence of its customers or people especially whenthe consequences of an incident can mean damage tosales, loss of trading ability or even imprisonment. A well-

planned and alert risk management strategy clarifies thevaried risks you face and how they translate into clear andpresent threats to your business. Anticipating these threatsis your key to best practice, a healthier bottom line and an

enhanced commercial reputation.

While you have to deal with risk in your business, risk

identification, profiling, audit, analysis and mitigation is ourbusiness. Part of Oval Insurance Broking, Oval Risk Servicesprovides risk mitigation planning specialists to help you

manage the risks you face innovatively, cost effectivelyand with a careful eye on your bottom line. With on-tapexpertise from highly qualified and trusted specialists, we

take the time to understand what makes your business tick and how we can go further to offset the risks you face.

We link strategic thinking to your insurance arrangements,ensuring the risk management steps you take are clearlyunderstood and appreciated by your insurers. Value

and high performance, plus a core focus on service and

relationship development underpin all that we do from fullconsultancy to self-service online tools. We deliver proactive

risk management programmes that fit every contour of yourbusiness, while anticipating emerging risks ensuring youcan deploy the right cover for any given eventuality.

Welcome to Oval Risk Services: riskplanning and advice that strengthensyour business

Specialist commercial riskplanning services for business

Risk in business is a given; insurance against that risk offers some protection. But its how well youunderstand the risks you face and how to mitigate them that makes the difference. Thats why itsgood to know you can rely on a specialist planning partner able to optimise those risks in a way

that helps improve business performance, saves you money and protects your reputation.

Spanning a wide spectrum of commercial applications,well help you quantify risk and mitigate losses using

the following advisory and planning services:

1Department for Business, Innovation and Skills, 20112Business Cost Index, Centre for Economic and Business Research, 20113Association of British Insurers (ABI) Key Facts Report, 2011

Loss controladvice

Training

Training

Online andself-servicerisk tools

Auditing, gapand compliance

analysis/consultancy

Bespokeplanning


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www.theovalgroup.com

Intelligent risk management strategiescontoured around your needs

Youll find all the risk analysis and management servicesyou need to help build your business for the future. Our

approach is geared around a strong service ethic andfocused on the risk advisory values you demand.

A safe pair of hands:a partner you can trust, backed byexperience, commitment and a proven track record

Innovation that drives value for money:well helplower your risk profile sustainably for the long term

Partnership approach:a total commitment tounderstanding your business mean we can fill the riskgaps other strategies may leave behind

Your bottom line in mind:our lean business modelkeeps our structure flat and overheads down. This letsus deliver more expertise for less face-to-face or using

advanced, cost-effective online tools Nationwide capability:part of a leading independent,

national insurance broking business, were always able todeliver a local service wherever you are, whatever you do

Let us take the risk management strain

We have the practical and intellectual expertise that hasmade us the risk planning partner of choice for some of

the UKs best and brightest firms. We can assist across thefollowing areas from our in-house team, or with carefullyselected partners:

Property Risk Management:reconfigure risk, with

services ranging from property surveys and electricalinspections, to water leak testing and insurance valuations

Health, Safety & Environment:we believe Health &Safety should support your business, not stifle it. From

simple phone-based advice to specific consultancy andtraining, services range from Health & Safety planning,auditing and risk assessments, to specialist Legionella

testing, noise testing, air sampling and asbestos surveys.We can also provide training courses and certificationfor your staff, accredited by the likes of IOSH (Institute

of Safety and Health) and UKATA (United KingdomAsbestos Training Association) to help you develop yourin-house skills. We can help you set up environmental

management systems and provide auditing and training Fleet Risk Management:from regulation and operationalpracticalities, such as licence checks and driver training,

including Driver CPC (Driver Certificate of ProfessionalCompetence) training, to day-to-day overheads and the

hidden costs of claims, well help you reduce your riskexposure to enhance efficiency and lower costs

Business Continuity Management:whether its fire,fraud, natural disaster, intellectual property or supplychain protection, well help you deploy a business

continuity plan that ensures your business is robustlyprotected against the external risks that threaten yourstability and ability to recover

Human Resources Risk Management:the ever wideningof employment and discrimination law, plus increasingemployee awareness of their rights, means that employers

of all sizes face the increasing risk of employee litigation.We can help with HR advice, policies and services, so youcan employ staff knowing you have the right processes

and support in place, allowing you to concentrate on yourbusiness


Oval Risk Services, is a leading UK risk advisory business.We are respected partners and advisors for a wide range

of industry stakeholders and associations and we help todrive best practice and innovation. Above all, we employquality people able to offer the authoritative advice and who

blend the creative, technical and listening skills essential todelivering the exceptional levels of intellectual innovationyou demand.

Importantly, we keep workloads manageable so our peoplehave the time and scope to listen, understand and deliver

the insight and high service standards you expect.


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Oval Risk Services is a division ofOval Insurance Broking LtdRegistered Office:9 South Parade,

Wakefield, WF1 1LR

Registered in England No: 01195184

www.theovalgroup.com


About Oval Risk Services

Oval Risk Services is a division of Oval Insurance Broking andis a leading UK risk advisory business.

The strength of Oval Risk Services lies in designing bespoke,dynamic and keenly competitive risk solutions that fityour needs exactly. Our skilled specialists take the time

to understand those needs, simplifying risk to deliver aconsistently innovative, high standard and high performanceservice that adds value, capability, agility and competitive

edge to your business.

For more information, visit us at www.theovalgroup.com

Would you like to talk?

If you have any questions or would like to explore how youcan make your insurance work harder for your organisation,were here to help.

Call: 0800 612 6223

Or email: [email protected]

oval risk services brochure

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