SHMA Consulting

Enterprise Risk Management

In a world fraught with uncertainty and growing demands from regulators, shareholders, rating agencies, and other stakeholders, organizations face an environment where the margin of error has become increasingly tight. A disciplined and systematic approach is needed to manage risk in an integrated manner. It involves avoiding unanticipated losses, managing uncertainty and capitalizing on opportunity. The Solvency II is a regulatory framework founded on ERM principles being adopted by insurance companies.

How can we help?

At SHMA Consulting, we believe organizations need to embrace a broader perspective of risk and manage them proactively in a holistic fashion. Our wealth of experience working with insurance companies and Takaful operators in the region put us at a significant advantage over others through our deep understanding of the risks that these organizations face.

We assist companies with developing the following:

  • Enterprise risk management framework
  • Key risk identification
  • Risk management policies and procedures
  • Risk appetite, controls, mitigation, retention, transfer and management strategies
  • Risk measurement and quantification
  • Asset liability management
  • Optimal investment strategy design
  • Capital Modeling