Risk Management is a very important aspect of all businesses. It’s both good business sense (“best practice”) and in a licensee’s best interests to undertake a thorough risk assessment to minimise the consequences of risks to the business. This will also most likely ensure full compliance with professional indemnity insurance requirements so any claims are fully covered and excesses don’t increase. As well, it will assist in helping to avoid fines and/or disciplinary action by reducing the risk in most areas of the business.
Our Risk Management Assessment Pack is specifically designed for agents to assist them in complying with legislation, and is an ideal tool for all Australian offices to “assess” their business across 16 specific risk areas, as well as undertake a “check” on other general areas of their agency.
The Pack contains a five page Checklist of 59 questions and sixteen Risk Assessment Questionnaires each containing the ten most important aspects of each of these main areas of the business. Also included are Guidelines for Assessing the Impact of Identified Risks on the business by using a formula based on Risk Likelihood and Risk Consequences. The Pack allows agents to realistically assess the risks in their business, ie. conduct a “risk rating” for the various operations of the business, so they can then develop strategies to minimise or avoid them.
Click here for detailed outline of the Pack’s content. If you are interested in purchasing this product please complete the order form.