Protecdiv launches ERM tool

Protecdiv has announced the launch of its enterprise risk management system, Permmanence, designed to help clients assess and evaluate their overall risk management position both quantitatively and qualitatively.

The tool offers an objective measure of all sources of a business’s enterprise risk exposure and its means of managing those risks by scoring it on insurable risks, potentially insurable risks and uninsurable risks.

Protecdiv CEO, Kael Coleman said: “Over the past year, there has been an increase in desire and requirements for businesses to ensure they have effective risk management programs. Whilst many businesses place their ERM focus on the insurable risks, Permmanence has been developed to meet the needs of clients who want to manage their risk more comprehensively. The Permmanence model improves an enterprise's ability to identify, assess, monitor, manage, and report short- to medium-term risks.”

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