The need for structured risk management is considerable in larger companies conducting extensive international business operations.
Proper risk handling and control procedures vary depending on location and traditions as well as the type of operation, manufacturing or trading being undertaken.
Transecure has developed a Risk Management Policy template.
This policy then forms the basis for an RM Guide to be implemented and used throughout the company.
Assisted by an RM Policy adopted by the company´s Board of Directors the subsequent RM Guide is a vehicle to communicate with employees at different levels and posts within the company.
The RM Guide provides employees with instructions on company-wide risk management and insurance are to be uniformly handled on the company´s behalf.
The aim is to have everyone in the company handling risks in accordance with the guidelines set out in the company´s risk management.