Your Risk Management Partner

Prima’s team is there to support your prudential Risk Management systems. Ensuring compliance with regulatory requirements, whilst optimising your regulatory Balance Sheet.

Our expert team develops enterprise risk management systems that identify threats, measure exposures, and implement controls safeguarding your organisation's future.

About Prima’s Risk Management Services

We design frameworks that help you spot, measure and control risks.

Our experts blend actuarial rigour with financial insight to create risk management solutions that align with your business strategy while meeting regulatory requirements.

Through our partnership with Prima Consulting Pakistan, we deliver global expertise with local knowledge, providing cost-effective solutions without compromising quality.

ORSA Consulting Services - Own Risk Solvency Assessment

Our Solvency II Pillar II services help insurance companies meet regulatory obligations while strengthening their risk management capabilities. We build comprehensive risk-based capital models that reflect your unique business profile and risk appetite. Our team defines clear risk tolerance levels and prepares detailed quantitative and qualitative ORSA reports that satisfy regulatory requirements. We facilitate productive board and regulator workshops, making complex risk concepts accessible to all stakeholders. We help you understand potential impacts on your solvency position under various market conditions through systematic stress testing and scenario analysis

Operational Risk Review Services

Strengthen your operational resilience through systematic process evaluation and control testing. We map your core business processes and existing risk controls, identifying interdependencies and potential failure points. Our rigorous testing protocols evaluate control effectiveness across all operational areas. We identify critical gaps and operational hot spots that could impact service delivery or regulatory compliance. We recommend practical risk mitigation plans that strengthen your operational framework based on our findings. Our approach focuses on building sustainable improvements that reduce operational losses while supporting business growth.

CSRD Services - Corporate Sustainability Reporting Directive

Navigate the evolving environmental, social and governance reporting landscape with our specialised CSRD compliance services. We conduct thorough materiality assessments that identify your most significant ESG impacts and risks. Our experts map your existing ESG metrics to CSRD requirements, creating clear pathways for compliance. We implement automated data collection and validation systems that reduce manual effort while improving accuracy. Our team drafts compliant sustainability disclosures that tell your sustainability story while meeting regulatory standards. We help you prepare for the phased implementation of CSRD requirements, positioning your organisation ahead of compliance deadlines.

Economic Capital & Capital Optimisation Services

Optimise your capital structure through sophisticated modelling and strategic analysis. We build tailored stochastic capital models that capture your risk profile and business characteristics. Our stress-testing and scenario analyses evaluate capital adequacy under extreme market conditions. We provide strategic advice on capital allocation across business lines, helping you balance growth opportunities with risk constraints. We help you optimise your capital efficiency by carefully analysing reinsurance and funding strategies. Our models support informed decision-making about capital deployment, ensuring you maintain adequate buffers while maximising returns.

Why Choose Prima's Risk Management Services

Solvency II Pillar II support

Regulatory Compliance Made Simple

You’ll confidently meet your Own Risk and Solvency Assessment (ORSA) requirements. Our structured approach removes the guesswork from complex regulatory obligations.

Risk process

We support the fully spectrum of the ORSA risk process from risk identification and assessment, through to capital projections and risk management frameworks.

Scenario Testing

Our approach of identifying your key risks and designing scenarios that reflect your unique risk profile allows you to quantify your risk and plan accordingly.

Board-Ready Reporting

We support our clients developing a clear and concise ORSA Report that will support your strategic business planning process.

Climate Risk Modelling

CSRD support

Our team can support you in meeting your Corporate Sustainability Reporting Directive (CSRD) reporting requirements.

Future-Proof Disclosures

Early integration of non-financial metrics prevents last-minute compliance scrambles. You'll be ready for 2025 requirements and beyond.

Enhanced Stakeholder Trust

Transparent sustainability reporting builds lasting loyalty with investors, clients, and regulators. Your reputation for accountability strengthens your market position.

Climate Risk Scenarios

Our team can support your climate risk scenario selections which is a blend of science, and business insight.

Operational Risk Review Advantages

Process Hardening

Comprehensive workflow and control audits significantly reduce error rates and service gaps. Your operational reliability improves measurably.

Proactive Loss Prevention

Root cause analysis of past incidents helps plug holes before they drain capital. You'll prevent recurring operational failures.

Team Engagement

Best practice training programs foster a risk-aware culture throughout your organisation. Your staff becomes your first line of defence.

Bottom-Line Protection

Fewer operational incidents lead to lower insurance premiums and reduced losses. You'll protect profitability while improving service quality.

Capital Optimisation

Bespoke Solutions

Our team generate bespoke optimisation strategies that are tailored to your companies unique risk profile and business objectives.

Solvency II Amendments

Our team has a deep understanding of the Solvency II amendments and can support you quantify and optimise the impact on your business.

Implementation

Our team can support your capital optimisation implementation from initial concept design and sign-off through to full implementation and embedding into the business.

Competitive Market Edge

Lean capital structures reduce your cost of capital significantly. You'll outperform competitors in terms of pricing and financial stability.

Prima Consulting Pakistan Partnership

Prima Consulting Managed Services provides a flexible and scalable solution for businesses in Saudi Arabia, UAE, Pakistan, and elsewhere by combining local insights with global best practices.

Our strategic partnership with Prima Consulting Pakistan allows us to access exceptional global talent while maintaining cost-effective service delivery. Our offshore subsidiary provides specialised expertise in data analytics, financial risk modelling, and technology implementation.

This partnership allows us to deliver comprehensive solutions that combine international best practices with a deep understanding of Irish regulatory requirements and market conditions.

Whether you need enterprise risk management development, insurance risk management solutions, or comprehensive governance risk and compliance support, our Dublin-based team builds resilient systems that protect your business while supporting strategic growth.

With our solutions, you can rest assured that your business operations are in good hands. Choose us today and experience the assurance of partnering with the best in the business.

Contact Us

Start your journey with Prima Consulting

Tell us what you need. We’ll listen, advise, and help you move forward with clarity.

What you get:

What happens next?

We schedule a call when it suits you

We run a discovery session

We send a tailored proposal

Get in Touch

First name

Last name

Company / Organization

Company email

Phone

How Can We Help You?

Message