SENTINEL RISK MANAGEMENT, LLC
Plan to Advance Our Endeavor in the United States
Sentinel Risk Management LLC proposal is to implement tailored risk management frameworks for small and medium-sized enterprises (SMEs) such as qualitative and quantitative evaluations, use of heat maps and prioritization, and loss reduction techniques in order to enhance their financial resilience, operational continuity, and strategic decision-making in an increasingly complex business environment.
Pure financial risks involve only the possibility of loss or no loss, whereas impure (or speculative) financial risks involve the potential for both loss and gain. By identifying both Pure and Impure Risks, we will help businesses minimize financial exposure, optimize risk retention, and integrate alternative risk transfer mechanisms, ensuring long-term stability and growth.
We want to empower all kind of businesses in the U.S. to proactively manage risks, reduce operational vulnerabilities, and improve financial sustainability, ultimately contributing to a more robust and resilient SME sector.
Plan to Advance Our Endeavor in the United States
The professional activities that would be implemented would consist of training the personnel of the companies to develop a Business Continuity Plan that is constantly updated and monitored. This is done through the creation of an area specialized in:
- Identify risks through various methods (interviews, consultations, inspections, checklists, )
- Analyze the risks Qualitatively and Quantitatively to make heat maps and be able to prioritize the treatment that we will have to give to each one.
- Controlling risks through risk mitigation and reduction techniques, to prevent incidents and reduce losses in the event of accidents, including contingency plans.
- Financing risks, which means the way in which those risks will be “paid” by establishing reduction strategies by own means, revision of contracts or even transfer of risks (such as insurance)
- Risk Management, which contains all the above points and represents how we can monitor, supervise, and update the entire process above.
In this regard, we will provide a comprehensive and strategic process that involves the identification, assessment, and mitigation of risks that may affect a company’s ability to achieve its objectives and maintain operational stability.
Traditionally, risk management has been closely tied to the administration of insurance policies, as insurance is a key tool in mitigating certain risks, particularly those related to property, liability, and operational interruptions. However, in today’s complex business environment, companies face a wide array of risks that extend far beyond the scope of traditional insurance coverage. Effective risk management requires an integrated approach that considers all potential sources of risk, including but not limited to:
- Occupational Hazards
- Compliance Risks
- Reputational Risks
- Social Risks
- Geopolitical Risks
- Legal Risks
- Financial Risk
- Technological Risks
- Environmental Risks