Empowerisk
Management in Sandton

This unique focus ensures that EMPOWERisk offers optimal and cost effective business solutions to mitigate or manage risks and/or exposures within an expected risk profile.

Karl Bailey, the CEO, will be offering all the services that EMPOWErisk has in its portfolio to the Risk Sector in Cape Town. Risk management is about helping companies achieve their objectives and make better decisions. After an extensive period of interaction with IRMSA members, other professional bodies and subject matter experts, through online surveys, events throughout 2016 and other engagements, the Risk Intelligence Committee is assured that the report highlights the most significant risks relevant to South Africa and will assist Risk Managers and business leaders within their organisations with decision making for In today’s economic climate we are all facing serious challenges from the economy which has decimated many of our peer groups in Construction and this has affected the professional Risk Industry sector with many companies deciding to go their own route to manage Risk by employing staff from those companies in the professional sector who have unfortunately closed their doors. EMPOWERISk advises all of its current Clients and all of the potential Clients that are strong and expanding. Proper safety management can prevent injuries to employees while saving companies money. After an extensive period of interaction with IRMSA members, other professional bodies and subject. In today’s economic climate we are all facing serious challenges from the economy which has decimated many of our peer groups in Construction and this has affected the professional Risk. Danger Increases When Work Increases Johnny Meador started working in construction when he was 15 years old. Forty-five years later, Meador shakes his head at the risks he. Forty-five years later, Meador shakes his head at the risks he and his former co-workers used to take. Safety was not exactly a priority back then as he realised danger increases when work increases. Identifying Construction Risks There are many typical construction risks that might impact a contractor’s success on a project. Among other things, it requires interpretation of and compliance with many laws, codes, and regulations; gathering of considerable resources, including labor, equipment, and material; and communications with and coordination among multiple parties, such as the owner, the design professional, other contractors and subcontractors, and suppliers, all of whom may have differing purposes and goals. In addition, many factors are unknown or unknowable at the start of any project. Not surprisingly then, risks are an expected part of this process. Therefore, a prudent contractor (including subcontractors) should be able to understand, evaluate, and manage those risks whenever possible. Besides looking at their own experience, many contractors seek advice from their surety bond producers concerning risk evaluation and management. And contractors should seek the counsel of knowledgeable construction attorneys about risk assessment and management Agents.