Traditional Risk Engineering has applied a prescriptive, code-driven approach through fragmented visits that often produce a limited view of loss. Forward-thinking organisations are shifting to a portfolio perspective of Risk and Resilience, analysing the interconnected nature of both across key current and emerging risk themes. By integrating performance-based Resilience Engineering; driven by actuarial loss modelling, risk quantification and Total Cost of Risk analysis, the combined discipline of Risk & Resilience Engineering addresses the often-overlooked probabilistic, interconnected and escalatory dimensions of risk events.

Leveraging advanced analytics and focusing on mega themes such as Technology, Climate, Supply Chain and Geopolitics, our Risk & Resilience Engineers create measurable short-, medium-, and long-term value for clients. Moreover, this new approach enhances the quality of insured risks while building sustainable and mutually beneficial partnerships between clients and insurers. Willis Engineering, Risk and Analytics specialists will deliver Interactive and scenario-based Risk labs in Manila that will equip PARIMA members with insight into advanced Risk & Resilience Engineering concepts. Thus providing workshop attendees with both professional development and the ability to deliver greater value to their respective organisations.