Keeping track of the hazards of our ever-changing natural world and the global business and market conditions in which the region operates
High level of professional expertise with detailed local knowledge insight
Providing Caribbean risk management expertise to individual private and public sector clients
Unveiled knowledge of the Caribbean region and the risks its residents and economies face
CaribRM, in conjunction with external service companies, provides a comprehensive turn-key solution for captive formation and operations in several of the leading offshore jurisdictions for both regional and global captives. We employ Dynamic Financial Analysis through software developed in-house to find cost-effective solutions for captive companies and to give guidance for most effective risk transfer/retention structures and best use of capital.
CaribRM offers a wide range of Commercial and Industrial surveys including: Property & Business Interruption Surveys, Public Liability Surveys, Employers' Liability Surveys. We also offer additional risk management support including follow-up visits and an on-going Risk Improvement Programme. Insurers and clients find this particularly useful where the claim history is less than satisfactory.
CaribRM has developed a broad range of expertise and experience as a Caribbean- and Americas-focussed natural hazards and catastrophe risk consultancy. Utilising in-house hazard and risk modelling capabilities and with support from numerical hazard modelling company, Kinetic Analysis Corporation, CaribRM builds bespoke catastrophe risk models on a client-specific basis.
Since June 2007, the small, catastrophe-exposed states of the Caribbean have had access to individual coverage against natural catastrophe-induced government losses via a unique risk pool. Following the terrible damage to the Caribbean wreaked by the 2004 hurricane season, the World Bank and CARICOM (the Caribbean Community) commissioned development of the Caribbean Catastrophe Risk Insurance Facility (CCRIF).
CaribRM helps identify and reduce your loss exposures. We help businesses remain profitable and sustain their financial strength by managing their risks. Our Risk Surveyors have the experience and expertise to help you identify and manage your potential for loss. No matter what your size, our specialists can help you succeed in your business goals.
CaribRM has considerable expertise in the development of risk data management and visualisation systems for Property and Casualty (P&C) portfolios, based on a Geographical Information System (GIS) environment. Such data management/visualisation systems enable more effective visualisation of data on both a site-specific and portfolio basis.
CaribRM risk management approach and methodology are guided by the ISO 31000 Risk Management Standard and Risk Prioritization processes, COSO Risk Management Framework, our Group’s global network of experience, dynamic skilled professionals and business partners to provide holistic risk management services to our clients. Our ERM services are robust and it involves identifying opportunities and potential pitfalls, the variables driving risk exposure and managing risks from a top down approach to empower management to identify, evaluate, control and exploit risks.
© 2015. CaribRM, Caribbean Risk Managers Ltd