Frequently Asked Questions (FAQ's) - If you have any additional questions
please feel free to contact us.

What specific types of risk assessments does Group Risk Solutions cover?

Group Risk Solutions provides in-depth, evidence-based risk evaluations that offer insurers a clearer picture of their clients' operational vulnerabilities. By identifying areas of weakness and recommending targeted improvements, we help underwriters and insurers: Reduce claims frequency and severity, Enhance the accuracy of risk assessments, Improve portfolio profitability, Strengthen relationships with insured parties through proactive risk management. We have extensive experience working across financial, commercial, and governmental sectors, offering comprehensive, precise, and actionable risk assessments.

What are the key benefits of using Group Risk Solutions over other risk management approaches?

Group Risk Solutions offers expert, tailored risk assessments that go beyond standard security checks. With deep industry experience, we provide comprehensive, unbiased evaluations covering IT, operations, compliance, and physical security. Our proactive approach ensures regulatory compliance, mitigates risks, and enhances resilience, all while maintaining strict confidentiality and professionalism.

Can you describe a successful outcome a client has achieved by implementing Group Risk Solutions?

One client, a major international bank, faced rising security threats across its cash centres and CIT operations. After implementing Group Risk Solutions’ recommendations—enhanced security protocols, IT infrastructure upgrades, and stricter compliance measures—the bank significantly reduced operational risks, improved insurer confidence, and secured lower insurance premiums, ensuring long-term financial and physical asset protection.

How does Group Risk Solutions integrate with existing business processes and systems?

Group Risk Solutions seamlessly integrates with existing business processes by conducting tailored risk assessments that align with operational workflows, regulatory requirements, and industry standards. We collaborate with key stakeholders to identify vulnerabilities, enhance security protocols, and implement practical solutions that complement existing systems without disruption, ensuring efficiency, compliance, and long-term resilience.

Where will you travel to?

Anywhere, providing its safe to do so. We are always happy to discuss.

Do you undertake both 'Onsite' and 'Offsite' Surveys?

We provide both onsite and offsite (remote) surveys, tailored to the specific needs of the client and the nature of the risk assessment required.

For onsite surveys, we conduct in-depth risk assessments at financial institutions, mines, and other high-risk locations, typically over a period of 3 to 5 working days. Cash centers require a more focused assessment, usually completed within 2 working days.

Offsite (remote) surveys are also available and generally correspond to the durations of onsite surveys, depending on the complexity of the case. These remote assessments are conducted through a combination of document review, virtual interviews, and digital risk analysis. Each offsite survey is evaluated on a case-by-case basis to ensure it meets the same rigorous standards as an onsite assessment.

How quickly can you conduct a survey?

We can conduct a survey as soon as the client is ready to accommodate the assessment. For onsite surveys, scheduling will consider travel logistics from the UK, with typical availability within a few days to a week, depending on location and visa requirements.

Offsite surveys can commence immediately once the necessary documentation and remote access are provided. Timelines vary based on the complexity and scope of the survey.

What is the timescale for receiving GRS's Report

We provide a full and comprehensive report within 7-10 days of arriving back in the UK.

Phone

44 (0) 1245 377764

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