RISK ... doesn't have to be risky!
Walking outside of the CN Tower on a ledge that is over 116 stories above the ground sounds very risky.
A person would need nerves of steel and incredible athletic abilities to complete a full circuit around the tower. Yet, thousands of people of all ages and physical abilities have safely completed this trip through the Edge Walk experience.
How can such a risky adventure be safe? Consider some of the risks and how they are mitigated.
| RISK |
MITIGATION |
| Falling |
All participants wear a harness that is secured to an overhead rail by two very strong leads.
|
| Dropping items on persons below. |
All participants remove (and lock up) loose items such as watches and rings, and wear a jumpsuit over their street clothes, so there is nothing that can be dropped.
|
| Fear |
Experienced guides instruct participants through progressive exercises to overcome their fear and enjoy a sense of accomplishment. |
What insurance risks are keeping you "on edge"?
Risk Mitigation Strategies Inc. draws on decades of leadership experience in the Property & Casualty insurance industry to advise you on approaches to mitigate your insurance risk, including:
- Insurance product development and improvement.
-
Underwriting eligibility standards to select the right risks for the insurance product
-
Root cause analysis to improve insurance solutions.
-
Sound audit practices to measure regulatory compliance, underwriting quality, and to reduce premium leakage.
-
Investigation of broad insurance industry topics such as access to flood insurance and reducing the risk of loss or damage from natural disasters.
-
Short-term leadership for underwriting teams in transition.
Contact RMSI at info@rmstrategiesinc.ca to start a discussion.
