OUR SERVICES

proud to partner with industry professionals

While Others Adhere to the Status Quo, We Forge Pioneering Risk Solutions

Partner with us today to guarantee your objectives are pursued with innovative risk strategies unbound by convention.

Safeguard your people, property, and prosperity
from the devastating impact of fire risks.

Fire Risk Assessments

Our assessments offer tailored risk solutions aimed at mitigating complex risks. While achieving complete elimination is often impractical, our recommendations provide valuable guidance for managing and mitigating identified hazards based on the final assessment.

Fire protection and detection systems are essential for preventing losses and safeguarding assets. Our comprehensive risk surveys delve deep into identifying and analysing potential risk exposures related to property damage and business interruption. Our reports include specific recommendations for loss prevention, helping reduce the overall Level of Risk (LoR) organisations may face during fire-related events.

Throughout the report we propose cost-effective risk response methodologies that adhere to National Building Regulations (NBR) and Local Authority By-Laws. We prioritise the implementation of the most appropriate and feasible measures to mitigate identified risks.

We collaborate extensively with industry specialists, including ECSA registered fire engineers and other fire industry experts, before presenting our findings to clients and insurance companies.

Additionally, we determine the Maximum Probable Loss (MPL) through the analysis of various loss scenarios. This process involves calculating a realistic and likely MPL, aiding insurers in understanding the risk and making informed underwriting decisions.

Enterprise Risk Management

At Credelex, we take a comprehensive, enterprise-wide approach to risk management. Our ERM services go beyond addressing individual risks in silos - we work closely with your organisation to integrate risk management into your overall business strategy and decision-making processes.

We apply the principles outlined in ISO 31 000 Risk Management to systematically identify, assess, treat, and monitor risks associated with enterprise-wide operations and activities. This involves conducting an in-depth analysis of the organisation's risk landscape, identifying potential threats, vulnerabilities, and opportunities, and quantifying risk exposure and impact across all facets of the business.

Through our ERM offerings, we'll help you:

Establish a robust risk governance structure and reporting processes
Identify, assess, and prioritise risks across your entire enterprise
Develop integrated risk mitigation and contingency plans
Align your risk management objectives with your strategic business goals
Foster a culture of risk awareness and proactive risk management

By implementing a holistic ERM framework, we'll empower your organisation to make more informed, risk-intelligent decisions that drive sustainable growth and success.

Unifying Risk, Aligning Strategy
Elevating Your Enterprise to
New Heights.

Insurance Risk Assessments

As companies grapple with soaring inflation and constrained supply chains, a "hardening market" has emerged, characterised by rising premiums, stricter insurance risk requirements, and limited coverage availability. In response, insurers are scrutinising high-risk sectors more closely and tightening their risk tolerances.Concerns over rising fire-related claims have prompted insurers to hike premiums and impose stricter risk requirements for all risks associated with such hazardous materials.

Sectors experiencing an increase in fire-related incidents, particularly those involving combustible building materials like Thatch, Aluminum Composite Panels (ACP) or Expandable Polystyrene (EPS), are under heightened scrutiny from underwriters.

Credelex demonstrates a profound understanding of complex risk landscapes, allowing us to provide comprehensive and accurate assessments. We excel at identifying potential threats and vulnerabilities, quantifying risk exposure, and recommending practical risk mitigation strategies that align with regulatory requirements.

Furthermore, our collaboration with industry experts ensures that our assessments are rigorous, credible, and informed by the latest insights and best practices. Credelex goes beyond traditional risk assessment approaches to offer innovative solutions that meet the distinct requirements and challenges of each insurance company and their clients.

Credelex has adeptly guided numerous clients through challenging insurance cycles.

By partnering with us you can expect:

Accurate and thorough analysis: Conducting in-depth evaluations of risk landscapes, leaving no stone unturned in identifying potential risks and their impact on the overall Level of Risk within the organisation.
Tailored risk mitigation strategies: Customised recommendations that are specific to each client's circumstances, ensuring practical and effective risk management solutions.
Regulatory compliance: Keeping abreast of regulatory requirements and ensuring that assessments align with industry standards such as SANS & NFPA, assisting insurance companies mitigate compliance risks.
Collaborative approach: Working closely with insurance companies to understand their objectives and concerns, fostering a collaborative relationship built on trust and transparency.

DISCLOSURE

Credelex is not authorised as a financial services provider. However, if any treatment solution involves financial services, it will be managed through our trusted authorised financial services partners or your broker/insurer. Our reports should not be viewed as rational fire designs or confirmations of compliance or non-compliance with local authority bylaws or National Building Regulations. The rationalisation of all fire treatment methodologies must be carried out by a registered fire engineer affiliated with the Engineering Council of South Africa (ECSA). Upon implementing fire treatment measures, obtaining a Form 4 Completion Certificate is necessary. In cases where an Occupation Certificate has not been issued, obtaining a Fire Clearance Certificate (FCS) from the Local Authority is required.

"If you don't invest in risk management, it doesn't matter what business you're in, it's a risky business."

Gary Cohn

REACH OUT

SCHEDULE A CONSULTATION

Step 1

Reach out to us via email or telephone, and we'll promptly respond during business hours.

Step 2

We'll arrange a meeting through Teams or in a physical setting to discuss your specific requirements.

Step 3

We establish the scope and requirements and schedule the assessment accordingly.

Step 4

Our team will collaborate to deliver a comprehensive report containing the relevant solution for your needs.