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6. Collection of exposure values. RiskConsole helps energy firms compile, among
other data points:
a. Previous year values.
b. Current year values.
c. Asset value change and reason.
d. Type of ownership.
e. Whether exposure is on- or offshore.
f. Precise location for geo-mapping risk intelligence.
7. Surety. Energy companies often assume legal responsibility for the fulfillment of
another's debt or obligation and become liable if the other defaults. RiskConsole
helps record and track bonds purchased.
8. Enterprise Risk Management. Energy risk managers are receiving increased
boardroom attention from corporate governance, regulatory and audit
perspectives. RiskConsole provides:
a. A reliable method for recording and consolidating key risk controls.
b. Full audit and control.
c. Identification of changes between reporting periods.
d. A customizable score matrix and risk categorization to their business processes.
e. Simple integration of risk factors across the enterprise.
How can RiskConsole strengthen your energy
company's risk and insurance program?
