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Do you understand all the risks in your business?
Many businesses face a complex catalogue of risks including health and safety, data protection, environmental management, and other industry-specific risks. Staying up-to-date on best practice and changing legislation can be challenging, but understanding your business risks and the steps you can take to mitigate those risks is vital.
Tysers Risk Services supports clients in developing, implementing, and maintaining the policies, procedures and processes necessary for their business. The service includes a complementary online portal which hosts a wealth of resources including:
- Health and Safety guidance and advice
- Environmental Management guidance and advice
- Library of HR documentation, guidance and templates
- Business continuity advice and assistance
- Daily news and legislation updates
If you have any questions not covered in the online portal resources or prefer to speak directly with an advisor, you can also call our dedicated free Health and Safety or Employment law advice lines.
How can Tysers Risk Services help my business?
Every business has its specific set of risks and may need support in different areas.
Tysers Risk Services provides an online compliance checker to help businesses assess their risks and highlight specific areas where a business may need support.
The example case study below outlines how one Tysers client worked with Tysers Risk Services to improve their approach to risk and compliance.
Case Study: Client A
Client A owns a plant equipment hire business. The business has grown exponentially in the last few years, benefitting from the massive growth of the construction industry during the pandemic. Client A was able to increase his plant hire offering, and invested in new equipment that was in high demand on construction sites across the UK. He also hired new employees to manage the increase in demand.
As a small company employing only four people, Client A was not legally required to keep Health and Safety documentation. However, as construction is a high-risk industry, the client decided to contact Tysers Risk Services for guidance on Health and Safety and HR processes.
Client A spoke to a Tysers Risk Management consultant, who shared several solutions to help his business. This included completing all legal documentation and checklists to ensure the client’s documentation was compliant and providing cost-saving training programmes to fit around the business.
As a small company without the HR resources of a larger business, the client also recognised the importance of employee recruitment, training, and retention. Tysers Risk Services offered HR support and further training and career development for the client’s employees.
By taking a considered approach to risk management, with up-to-date documentation in a concise and manageable system, Client A has access to a greater number of insurers who could offer more competitive premiums.
You can find more information about Tysers Risk services, including how to register below, or contact your Tysers Broker to learn more about this service.