Key Person Risk Management
Almost every business relies on particular individuals whose knowledge, creativity, inspiration, reputation, and/or skills are critical to the viability or growth of the business, and whose loss may cripple it.
We work with our clients to establish a framework for managing key person risk through strategies and insurance programmes designed to mitigate the financial risk to the business from losing these valuable members of your team.
We can help with:
- Identifying the key person risk
- Quantifying the business impacts and risks of losing key staff
- Develop strategies to mitigate the financial risks to the business
- Implement insurance programmes where appropriate.
- Monitor, review and update key person risk programme