Management System > Risk Management

RISK MANAGEMENT

From cover to risk management

In 1995, the Prayon Group set up a Risk Management unit whose responsibilities have changed gradually over the years and whose primary objective is risk management within the Group.

The role of the unit is to:

  • promote the concept of Risk Management within the Group for all types of risks — to individuals and to property — that might jeopardise the Group's survival (industrial and commercial risks, and those associated with new acquisitions and new information technologies, etc.);
  • work in active partnership with safety, quality, environmental, logistical and legal players to pinpoint and reduce risks;
  • take part in monitoring audits;
  • develop a Group supervision strategy;
  • serve as an interface between the Prayon Group, its brokers and its insurers in respect of insuring against and financing risks.