IRCA Global’s Highly competent Risk Assessors can assist you in identifying your risks in your workplace through the facilitation of Risk Assessments.
- Look at organisation from an enterprise-view.
- Identify all high level pure and speculative risks.
- PURE RISK is a risk in which there is only a possibility of loss or no loss, there is no possibility of gain. It is the opposite of speculative risk. Pure risks are normally insurable.
- SPECULATIVE RISK differs from pure risk because there is the possibility of profit or a loss. For example, most financial investments contain speculative risks. Not all but most speculative risks are uninsurable, because they are undertaken consciously for the hope of profit.
Risk Assessments can be conducted on any of the multiple methodologies available globally.