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Grow Your Business, Transfer Your Risks
Transfer Away Your Risks Of: Loss of Leadership
Loss of Business Loss of Share Value Loss of Key Talents
Talents Leaving Bad Credit
Political Instability Business Failure
White-Collar Crime Kidnap
Cyber-Attack Legal Suits
Contractual Non-Performance Defamation, and many others
Simplifying Business with GKO’s Risk Busters
Business Owner Protection Shareholders
• Director’s & Officer’s Liabilities Insurance • Business Shares Insurance • Kidnapping Insurance
Partners • Partnership Insurance • Income Protection Insurance • Professional Indemnity Insurance
Self-Employed • Income Protection Insurance • Professional Indemnity Insurance
Business Protection • Key-person Insurance • Contractual Non-Performance Insurance • Trade Credit Insurance • Political Risk Insurance • Cybercrime Insurance
Fraud Insurance • White-Collar Crime Insurance
Impact of risks to your business
Understanding the impact of risks to your business is essential for strategic planning of your growth strategies.
Below is a sample Risk Impact Analysis chart of a business’ risks, from the highest impact to the lowest.
1 Loss of leadership/ownership 2 Loss of key management team
(simultaneously) 3 Loss of cash flow 4 Loss of head-office (property and
personnel) 5 Loss of revenue-generating assets 6 Loss of good faith of staff, causing
them to go on strike 7 Loss of business relevance 8 Loss of goodwill and/or creditability
Identify Risks
Assess & Prioritise
Craft Risk-Prevention
Plan
Implement the Plan
Monitor & Review
3-Tiered Risk-Prevention Framework
Grace Kong Organization (GKO) – Business Risks Specialists
80 Anson Road, Fuji Xerox Towers #08-08, Singapore 079907 Alvin Chua Mobile: +65 9199 4566 Email: [email protected]
Safety Procedures
Financial
Compensation
Legal
Protection