Credit Risk Analysis
This is becoming an important issue for companies and we regularly hear clients tell us that they want independent 3rd party analysis of their key risks.
Whilst some companies prefer to have their own in-house analytical capabilities – they want control and they want to do things their way - others view the 3rd party route as cheaper and more flexible.
3rd party analysts’ opinions
Co-pilot offers analysts’ risk opinions to its clients. The level of analysis and service will be tailored to your needs and will include risk interviews or visits as agreed case-by-case. We believe this service is even better delivered when we know you and understand your business. This includes understanding your customer objectives and your relationships with them. The service can include accompanying you on a customer visit where there may be delicate matters to be discussed.
We provide everything from ad hoc individual opinions through to a key risks service eg: top 20/25.
Many companies will want a blended or layered solution – (eg: support below a high insured Discretionary Limit with the insurer providing credit limits above that level) - and this can be achieved in consultation with your broker.
Alternatively, one of the platforms we recommend systematically offers access to analysts’ opinions. This can work especially well if there is a large population of risks to be analysed and if we think this is the better solution for you, then that is what we will recommend.
In-house analysts
Co-pilot can support the development and maintenance of in-house risk analysis in a number of ways, including:
- Advising you about available platforms in which your analysts can record their decisions and you & they can manage & view risk
- Advising on analysts’ tools upon which analysts can quickly “spreadsheet” scenarios
- Helping you recruit the team
- Interim support if there’s a problem – even stronger when we already know and understand your business
