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Lloyd's Register stands apart:
independent, objective, experienced and uncompromising in our commitment to finding safe and efficient solutions.

Risk management services

About our risk management services

We at Lloyd's Register Asia provide risk assessment, risk mitigation solutions and management systems certification in order to enable you to improve your quality, safety, environmental and business performance. Our risk management service is a cross-capability discipline and spans marine, oil and gas, chemical, transportation, aviation and nuclear industries.

How we can help

We work with you to put in place risk management solutions that can be applied in all aspects of your business. In addition to tailor made services to meet your individual needs we can:

  • develop management frameworks to assess and manage the different types of risks that you face

  • identify cost effective and efficient measures to mitigate and control your risks

  • model the risks to understand and quantify them

  • track and manage risks to ensure that necessary control measures are implemented and effective; and that the overall process is auditable

  • help you to comply with regulatory requirements and standards

  • carry out cost benefit analyses to assess the efficacy of the control options

  • develop safety management systems for all operations and projects

  • develop, implement and test emergency and crisis response plans and business continuity plans

  • carry out independent safety audits

  • provide advice on a corporate risk management regime to cover safety, technical and commercial risks

  • provide advice on the implications of regulations and also on current best practice for the management of risks

  • run training courses to provide you with a greater understanding of risk management.

The methods and techniques we use include:

  • risk identification (e.g. HAZOP, SWIFT) and analysis (e.g. risk matrix)

  • quantitative risk assessment

  • reliability, availability, maintainability, safety (RAMS) analysis

  • cost-benefit analysis

  • human factors assessment

  • accident and incident investigations and follow-up

  • safety management systems.

Our experience - projects handled     

We have completed a wide range of risk management projects including:

  • support in developing a corporate business and safety risk management framework and rolling this out across the client’s organisation

  • carrying out a range of operational risk assessments to identify and evaluate health and safety risks

  • carrying out a baseline assessment of an organisation, using vertical and horizontal slice audits to identify the strengths and weaknesses of their corporate management of safety

  • leading a detailed review of the organisational changes within a business that included a risk assessment of the impact of the changes

  • producing a range of detailed quantified risk models to support the introduction of new systems

  • updating and modifying the risk models to support the update of operational safety cases

  • supporting an acquisition team by assessing the forward maintenance programmes for all assets to determine the reliability, likely sensitivities and risks in the annual maintenance budget

  • serving as the key provider of risk and safety services to major hazard facility operators in Australia.

 
Why choose our risk management services

As global leaders in the field of risk management and with more than 30 offices in Asia, our experience covers an enviable range of industries and countries. Our teams of multi-disciplinary specialists put together pragmatic and cost-effective solutions that benefit from the wealth of their experience and knowledge. We are a non-profit distributing organisation and have delivered independent and objective technical services for over 240 years. Choosing to leverage our risk management services would result in a range of benefits including:

  • a consistent framework for managing the risks your business faces

  • improving decision making, planning and prioritisation by understanding the risks

  • ability to allocate funds and resources efficiently where they are needed

  • ability to protect and enhance business and company image

  • optimising operational efficiency.

    for more details view factsheets on risk management services
    Factsheet 1  Factsheet 2  Factsheet 3