Top 10 Most Promising Risk Management Solution Providers ...The current edition of APAC CIO Outlook...

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The Annual listing of top companies providing risk management solutions for enterprises in APAC Recognized as Joe Phillip Managing Editor Joe Phillip Delta Insurance 10 Most Promising SOLUTION PROVIDERS - 2017 RISK MANAGEMENT Description: Company: Delta Insurance Provides niche and specialist liability insurance products including Technology Liability, Cyber Liability, Environmental Liability, Professional Indemnity, Directors & Officers Insurance and Public Liability insurance Key Person: Ian Pollard, Co-Founder & Managing Director; Craig Kirk, Co-Founder & General Manager Website: deltainsurance.co.nz APACCIOOUTLOOK.COM MARCH 07, 2017 I n response to regulatory mandates, enterprises are highly relying on robust risk management services for accessing, analyzing the risk, and converting these capabilities into true strategic and business assets. By implementing risk management services in their businesses, stakeholders comply with the levels of regulation, bolster relationship with clients, improve over all returns, and reduce the influence of early risks. As the risk management team in organizations identifies the risk, and comes up with strategies that guard against risks, companies are able to seamlessly build corporate integrity that aims at productivity, employee engagement, and profitability. The percentage of organizations with a CRO (Chief Risk Officer) is 89 percent. In the modern era, technology is the driver for this transformation, enabling organizations to look at the types of misconduct that have surfaced in the Asia Pacific regulatory landscape. Ensuring a comprehensive conduct risk management strategy, many renowned organizations in the APAC region have implemented risk management services as their primary offerings to help companies optimally define business objectives for future. The current edition of APAC CIO Outlook presents to you the “10 Most Promising Risk Management Solution Providers”. The list intends to bring some of the most prominent organizations who are capable of solving the problems of their clients beyond an advisory level. The list aids the companies to comprehend the best industry leaders which are at the forefront of providing proficient Risk Management solutions of the highest caliber. Top 10 Most Promising Risk Management Solution Providers - 2017 RISK MANAGEMENT SPECIAL

Transcript of Top 10 Most Promising Risk Management Solution Providers ...The current edition of APAC CIO Outlook...

Page 1: Top 10 Most Promising Risk Management Solution Providers ...The current edition of APAC CIO Outlook presents to you the “10 Most Promising Risk Management Solution Providers”.

The Annual listing of top companies providing

risk management solutions for enterprises in APAC

Recognized as

Joe PhillipManaging Editor

Joe Phillip

Delta Insurance

25 Most Promising

SINESS INTELLIGENCE

25 Most Promising

N PROVIDERS - 2017

10 Most Promising

SOLUTION PROVIDERS - 2017RISK MANAGEMENT

25 Most Promising

SOLUTION PROVIDERS - 2017Retail

SOLUTION PROVIDERS - 2017

10 Most Promising

FLEET MANAGEMENT

Startups in Healthcare-2017

TOP 10 APAC

25 Most Promising

CLOUD

BUSINESS INTELLIGENCE

25 Most Promising

SOLUTION PROVIDERS - 2017

10 Most Promising

SOLUTION PROVIDERS - 2017RISK MANAGEMENT

25 Most Promising

SOLUTION PROVIDERS - 2017Retail PROCU

SOLUTION PROVIDERS - 2017

SOLUTION PROVIDERS - 2017FLEET

IT SERVICES

Description:

Company:Delta Insurance

Provides niche and specialist liability insurance products including Technology Liability, Cyber Liability, Environmental Liability, Professional Indemnity, Directors & Officers Insurance and Public Liability insurance

Key Person:Ian Pollard,Co-Founder & Managing Director;Craig Kirk,Co-Founder & General Manager

Website:deltainsurance.co.nz

APACCIOOUTLOOK.COMMARCH 07, 2017

In response to regulatory mandates, enterprises are highly relying on robust risk management services for accessing, analyzing the risk, and converting these capabilities into true

strategic and business assets. By implementing risk management services in their businesses, stakeholders comply with the levels of regulation, bolster relationship with clients, improve over all returns, and reduce the influence of early risks. As the risk management team in organizations identifies the risk, and comes up with strategies that guard against risks, companies are able to seamlessly build corporate integrity that aims at productivity, employee engagement, and profitability.

The percentage of organizations with a CRO (Chief Risk Officer) is 89 percent. In the modern era, technology is the driver for this transformation,

enabling organizations to look at the types of misconduct that have surfaced in the Asia Pacific regulatory landscape. Ensuring a comprehensive conduct risk management strategy, many renowned organizations in the APAC region have implemented risk management services as their primary offerings to help companies optimally define business objectives for future.

The current edition of APAC CIO Outlook presents to you the “10 Most Promising Risk Management Solution Providers”. The list intends to bring some of the most prominent organizations who are capable of solving the problems of their clients beyond an advisory level. The list aids the companies to comprehend the best industry leaders which are at the forefront of providing proficient Risk Management solutions of the highest caliber.

Top 10 Most Promising Risk Management Solution Providers - 2017

RISK MANAGEMENT SPECIAL

Page 2: Top 10 Most Promising Risk Management Solution Providers ...The current edition of APAC CIO Outlook presents to you the “10 Most Promising Risk Management Solution Providers”.

T he insurance market in New Zealand is a transforming landscape, and a large part of this metamorphosis is the adoption of technology into the industry which is

compelling businesses to rethink their traditional business models. It is also a complicated operating environment where businesses are exposed to strategic, operational, market, environmental and regulatory risks. That’s where Delta Insurance saves the day. Delta Insurance has not only embraced this macro-shift in the insurance operating environment but also renders solutions to mitigate business risks.

Established in 2014 by Ian Pollard and Craig Kirk, Delta Insurance provides comprehensive insurance cover across a range of specialist products, with a particular emphasis on commercial liabilities. “I worked for an MNC in the insurance industry for nearly 15 years in London, Hong Kong, Singapore, New York, and New Zealand. I saw an opportunity in the New Zealand market, particularly in the liability and the financial sectors as the market has largely been isolated from many global innovations and developments,” says Ian Pollard, Co-Founder & Managing Director, Delta Insurance.

Benefitting from this first mover advantage, Delta Insurance has developed an enviable repertoire of products ranging from management liability insurance, professional indemnity insurance, through to cyber insurance and environmental and pollution liability insurance. The company has also successfully targeted some key industry verticals

including the burgeoning technology sector. “The insurance sector in New Zealand lacked product innovation, use of technology as a delivery device and focus from the client’s perspective,” opined Ian. To remedy this challenge Ian and Craig sought to leverage their shared experiences in insurance markets around the world and deliver better customer service and coverage.

Generic, one-size-fits-all products are commonplace in the insurance industry in New Zealand; however, such products do not always achieve the risk outcomes that clients are looking for. Delta Insurance is seeking to change this; for example: in the Cyber Insurance segment by offering a holistic package of insurance coupled with risk management consulting and support including access to experts who can undertake pre-loss cyber risk assessments as well as provide assistance in the event of a data breach of malicious attack. With its unique packaging and pre and post-loss support, Delta Insurance has been able to deliver cost effective and quality service to clients.

The firm tackles the constantly changing regulations, risk exposures head on and builds innovative solutions that are dynamic and which embrace the changing environment. As Ian says, “We’re different from our competitors; we aren’t conservative and don’t sit back waiting for change

to happen. Instead, we innovate and take the lead in building products that reflect business needs. We

are proactive. Add to that, each of our products has three or four key benefits over any of our competitors.”

Delta Insurance has achieved several milestones, one of them being having built its own underwriting system for quote and policy

delivery; and more critically for time-efficiency. The company has almost five new insurance

products lined up for launch next year and with a team well versed with the local and the global markets it is actively looking to expand into Asian markets. “We’ve had a very successful start, performing ahead of our business plan and now have the ability to invest in new opportunities. As I look at it, my team is in an ultra marathon, and we are at the 5k mark of the 100km race,” concludes Ian.

Delta Insurance:The Change Makers of the Insurance Sector

With its unique packaging and pre and post-loss support, Delta Insurance has been able to deliver cost effective and quality service to clients

Ian Pollard,Co-Founder & MD

10 Most Promising

FIELD SERVICES SOLUTION PROVIDERS - 2017

AGILE 25 Most Promising

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SOLUTION PROVIDERS - 2017CLOUD

BUSINESS INTELLIGENCE

25 Most Promising

SOLUTION PROVIDERS - 2017

10 Most Promising

SOLUTION PROVIDERS - 2017RISK MANAGEMENT

25 Most Promising

SOLUTION PROVIDERS - 2017Retail PROCUREMENT

SOLUTION PROVIDERS - 2017

SOLUTION PROVIDERS - 2017

SOLUTION PROVIDERS - 2017

SOLUTION PROVIDERS - 2017

10 Most Promising

10 Most Promising

25 Most Promising

10 Most Promising

FLEET MANAGEMENT

Startups in Healthcare-2017

TOP 10 APAC

IT SERVICES

ERP

RISK MANAGEMENT SPECIAL