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RISK MANAGEMENTSURETY MANAGEMENT

Alternative Risksmiths and Traders (Pty) Ltd (Short name - ART)

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FSP No.: 16339
Tel: +27 (0) 11 646 2777

Your world is not just your world; it belongs to everyone. In this there is no choice. However, you do have choices as to how you manage your environment and its dependencies. This is Risk Management.


Risk Management is change management. How to make the best of the changes that happen to you and, the changes you can implement to improve your position.

Risk Management, like most things, has an often overlooked positive side too. It can also be used to create or enhance opportunities that arise.


Risk Management encompasses self-insurance, insurance, reinsurance, risk financing, in fact, any risk transfer method. But remember, these mechanisms do not remove the accountability pertaining to the original risks; they merely offset a portion them. The original risks remain your responsibility, a fact that is abundantly clear, when transfer mechanisms partially or totally fail!

 

The mindset is as important here as the theoretical and practical knowledge. Let’s introduce a paradigm shift. We’ll call it Risk Therapy ©. For now it will mean the exploration of a seemingly dull, distasteful, even painful subject, which we can turn to positive use in our daily lives, once we realise the opportunities inherent in the proactive engagement of our risk responsibilities.

 

Ask yourself; are you and your businesses sick victims because of your abdication or distraction from these business enhancement possibilities? Or opportunistic entrepreneurs who welcome a different view with new potentialities!

 

We have already given you a start on the road to a healthier view, by merely expressing a new idea. You can now reflect upon the other benefits of conversing with us or, better still, make contact.

 

We have a secure, internet-based Risk Management solution available. The standard system can be installed and operational within two working days on your own website, for your own use, your clients or suppliers via discrete logins. Updates and customisation facilities are readily available for this Enterprise-Wide control system. This will address your immediate Risk Management requirements and responsibilities, in line with the King II Commission recommendations. Consider implementation of the Alternative solution before you are forced to by law; possibly at greatly inflated prices!

Company Press Releases »

Chief Risk Reward Officer - What’s in a name?
25 Oct 10 | Read More »
By Paul Brightman Alternative Risksmiths and Traders (Pty) Ltd Creators of Risk Therapy   “Write about models” a close personal friend urged. “Everyone loves models, of one type or another. ”   In business we all need to make ...
ART’s risk management system launched in New Zealand
06 Sep 10 | Read More »
ART (Pty) Ltd has announced the launch of its RiskHealthCheck business risk management system in New Zealand, in conjunction with local partners QR Consulting. QR Consulting is a management consulting firm providing services to a broad range of clients in New Zealand, ...
Gods don’t whine or beg
28 Aug 10 | Read More »
By Paul Brightman - ART (Pty) Ltd Creators of Risk Therapy   Attitudes affect everything that we do, don’t do, or don’t do as well as we could. Success in activities as diverse as parenting, world cup events, business, even risk management is determined ...
Mini Risk Health Check System benefits business
13 Aug 10 | Read More »
By Paul Brightman Altenative Risksmiths and Traders (Pty) Ltd Creators of Risk Therapy   From the third quarter 2010, all business entities in SA will be expected to adhere to the 2008 Companies Act legislation on a “comply or explain” basis. This is additional ...
Risk is Personal
22 Jul 10 | Read More »
By Paul Brightman Alternative Risksmiths and Traders (Pty) Ltd Creators of Risk Therapy   There is no doubt that a million years from now our individual lives and actions will prove to be of little lasting significance. Nevertheless, we are destined to promote ...

From The Glossary »

Recent Developments and Prospects:

The major issue now facing life offices is the question of AIDS. While the impact is difficult to predict, all life offices currently require HIV tests for cover in excess of R200 000 or automatically include an AIDS exclusion clause. For some life offices the HIV testing limit has already been reduced to R50 000. Some life offices have aimed at countering the effect of AIDS by introducing policies requiring HIV testing every five years up to a certain ...
More Definitions »

 
 
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