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JMW Protect Risk Management
JMW Protect provides a one-stop service to assist with all aspects of risk management for your business. Risk management does not have to be complex if you find the right combination of legal and HR specialists offering cost-effective solutions and advice in areas including:
- Management liability defence
- Anti-bribery and corruption measures
- Project and crisis management
- Training and consultancy
- Cyber-crime defence
- Private Prosecutions
- Asset recovery and protection
- Internal investigation and audits
- HR management services
See our full list of services HERE.
What Is JMW Protect?
Get legal, accountancy, risk management and forensic technology advice from nationally recognised experts in their respective fields, together with optional independent advice on management liability insurance products in order prevent, protect, and defend your business from fraud.
In today's environment, you need to ensure that you have taken every possible precaution to ensure your business and its assets are protected. Call JMW today on 0345 241 3023 for more information or fill in our online contact form.
Preventing problems is very much part of the JMW Protect philosophy. We offer training and consultancy services from specialists with in-depth knowledge of the full spectrum of management liability topics. From implementing new policies to improving existing systems, developing a robust corporate structure produces many benefits.
From a management liability perspective, it makes the company a better insurance risk and gives shareholders more confidence. It helps to attract a higher calibre of staff and can improve a company's chances of winning work or entering new markets. Incorporating JMW Protect gives you the assurance that problems can be avoided in the first place.
Problems occur in even the best-run organisations. Knowing that appropriate insurance is in place gives you risk management options and this can be critical to the organisation's profitability. JMW Protect provides clients with the right resources. Whether you need to identify and deal with risk areas in the course of considering insurance cover or wish to review existing cover, JMW Protect provides a tailored solution.
Regulations and enforcement policies change rapidly in dynamic risk environments. The arrival of The Bribery Act 2010 and the increasing reach of the US Foreign Corrupt Practices Act add to the already complex network of regulations faced by the modern corporation.
The Deferred Prosecution Agreement became available to the UK Serious Fraud Office in February 2014 and the Financial Conduct Authority continues to make its presence felt with stiff financial penalties. Faced with an investigation or prosecution, an organisation needs timely, robust, expert representation available 24 hours a day, 365 days a year.
How Much Does It Cost?
Initial advice is free of charge and you only pay for what you need. In the event of a problem, an existing Management Liability or Directors and Officers Insurance Policy will normally cover the cost of many services we provide. If you prefer, we can liaise with your insurer to provide them with the information they need in assessing a claim. If you are not already covered, we can arrange a call from an independent expert who will speak to you without cost or obligation to design a bespoke quotation.
If you ask us to undertake work outside the areas covered by an insurance policy, JMW Protect clients are given a 10% discount on hourly rates or fixed fees. JMW Protect hourly rates range from £90 to £300 per hour plus VAT, depending upon the level of experience and expertise you require. Further discounts can be arranged for larger projects and fixed fees.
The cost of the Management Liability Insurance Policy will depend upon the level of cover selected, the turnover of a business and the company's state of financial health. Typical examples include:
- A company with up to £500,000 turnover and cover of £100,000 = Annual premium of £400 - £500
- A company with up to £2,000,000 turnover and cover of £250,000 = Annual premium of £600 - £700
- A Company with up to £10,000,000 turnover and cover of up to £1,000,000 = Annual premium of £2,000 - £4,000