1. Identification of Risk

Ali factors that vvould prevent earning a prof it constitute the risks of a company. Some risks stem from outside the company, some come from vvithin, and some could threaten the third parties.

2. Risk Evaluation

We prepare a risk matrix to ensure that ali aspects of risk are fully evaluated and quantified to estimate potential frequency and severity of each particular risk, follovved by the appraisal of "estimated maximum loss".

3. Risk Control

The financing of the risks is established in an action plan, vvhich we discuss openly with you. The studies that are undertaken indude,

Technical loss prevention measures

Development of planning and back-up procedure

Emergency / crisis planning

Elimination of bottlenecks

4. Risk Financing

After deciding vvhich risks are inevitable, vvhich are reducible and vvhich are controllable, a financial model is designed. At some occasions, if the cost of minimizing risks could be more costly than the risk itself, the "law ofgreater numbers" is applicable. The risk has a cost and insurance stands out as an important part of risk financing. VVhich risks are to be self-financed and vvhich are to be transferred is your prerogative. l/Ve conduct detailed studies prior to undertaking the design of the insurance program and the management of the operations and claims if you prefer insurance as the risk financing model.