Turning up the Volume on CompliancePresentation to ComplyWith Unplugged 12 April 2016

Copyright Ravensdown 2015

Business highlights NZ Co-operative with quarry to farm supply chain

INSURABLE RISKSUNINSURABLE RISKS

ENTERPRISE RISKS

[FRAMEWORK]

INSURANCE PROGRAMME

LOSS CONTROL REPORTS

SELF FINANCING

DEDUCTABLES AND ABOVE

LIMIT COSTS

RISK RETENTION STUDIES

WORST-CASE SCENARIO

RISK PROFILE

EMERGENCY RESPONSE

PLANS

CONTINGENCY PLANNING

BUSINESS CONTINUITY

PLANS

LEGISLATIVE COMPLIANCE

PROGRAMME

RISK TREATMENT

REDUCES LEVEL OF IMPACT

REDUCES NUMBER OF LOSSES

RISK MANAGEMENT

COMPANY ACCOUNTS

SITE REVIEWS

MANAGEMENT CONTROLS

LOCAL RECOVERY PLANS

POTENTIAL IMPACTCONTROL EFFECTIVENESS

UNCONTROLLABLE RISKS

POTENTIAL IMPACT OF

BREACH

LEGISLATIVE COMPLIANCE

RISKS

CONTROL CHECKS

RISK ASSESSMENT

CLAIMS MANAGEMENT

REDUCES LEVEL

OF IMPACT AND

NUMBER

OFLOSSES

LOSSES

Integrated Risk Management

Compliance Risk is just part of

the puzzle

BOARDAudit and Risk Committee

LEADERSHIP TEAMCEO as champion with

Leadership team members as Risk Committee

BUSINESS UNITRisk Owners

Control OwnersEmployeesContractors

INTERNAL AUDIT AND RISK

Internal AuditorManager Legal and Risk

(supported by CFO)

Our risk framework

Compliance is not just an “isolated” risk or a report

Compliance shouldn’t put the boot in

Compliance needs some translation

Compliance gives confidence