We will then evaluate or rank the risk by determining the risk magnitude, which is the combination of likelihood and consequence. The client can then decide about whether the risk is acceptable or whether it is serious enough to warrant treatment.

This is also referred to as Risk Response Planning. During this step we assess the client’s highest ranked risks and set out a plan to treat or modify these risks to achieve acceptable risk levels.

Risk transfer mechanism consists of transferring the risks to insurers or to the third parties by contractual obligations. The exercise starts with a complete insurance audit of the client's risk exposures and deciding their risk profile. There is a broad range of insurance covers available. GLOBAL can help them obtain the most appropriate insurance cover at optimum cost. GLOBAL can also help them in the process of claim settlement in the unfortunate event of loss.

Risk/ Loss control form the implementation part in the process of Risk Management. This involves the complete range of detailed risk audits of the premises such as fire safety, fire protection systems, electrical safety, industrial safety, natural hazards and suggesting suitable solutions to mitigate the risks at economical cost.

Once we create a risk profile that reflects a client's entire organisation, we design and implement solutions that involve traditional insurance products, alternative financing techniques, or an entirely new product created to address a specific problem.

We offer the following services: