YNNOVATIVE RISK PROTECTION - TOMORROWS' SOLUTIONS FOR TODAY

Next Ynnovation Consulting Group is your partner in the field of Risk and Re/Insurance Management

Ynnovative Risk Protection - tomorrows' Solutions for today

Next Ynnovation Consulting Group is your partner in the field of Risk and Re/Insurance Management

„Nowadays Blockchain is as significant as internet was 25 years ago. Its power will disruptively change the way of transferring companies´ risks.“

Dr. Dr. Philipp Plugmann
External Advisor of BlockART Institute

Logo Ynnovative Risk Reinsurance solutions

„YRIS presents risk managers with more opportunities to hedge risks in innovative ways and to be less dependent on traditional insurance.“

Dr. Denise Schönfeld
Head of Asset Management West Europe METRO AG

Research in Blockchain and Alternative Risk Transfer

Logo Ynnovative Risk Reinsurance solutions

Hedge risks in innovative ways

Who we are...

The Next Ynnovation Consulting Group

Optimize your risk on your own terms
  • your intermediate in the non-intermediate world
  • your risk identifier in a world full of risk
  • your platform with unlimited options
  • your set of solutions to strengthen your risk management

The ART of RISK MANAGEMENT 2.0

It is a given fact that Global Companies are facing various risks such as

    • disaster risks (e.g., earthquakes, hurricanes, avian flu),
    • property risks (e.g., fire and technical risks, such as the failure of public utilities),
    • liability risks (e.g., product recall, automotive, environmental and water damage),
    • financial risks (e.g., bad debts, financial market risks, currency risks),
    • personnel risks (e.g., loss of employees, confidence damage, strike, illness/injury, liability for damage to third parties, individual errors by employees),
    • market risks (e.g., steady shortening of product life cycles, entry of new competitors, introduction of substitutes),
    • a stronger emphasis is being placed on newer risks, such as terrorist attacks, and risks that arise due to digitization and cyber – for example, damage to reputation in social networks, data loss, or hacking attacks.
    • digitization and cyber – for example, damage to reputation in social networks, data loss, or hacking attacks.

Due to these circumstances holistic risk management is required in order to lower and control the impact on both the company and the business environment.

Since our economy is globally connected, the total failure of a company may have a butterfly effect on the overall economy (global value and supply chain) that could result in its extensive damage. As not all risks are assumed by an insurer and some are thus uninsurable, or only insurable to a limited extent – these non-insurable risks can pose a significant threat to a company’s’ future.

Today’s businesses are confronted with a risk landscape that has been partly reconstituted in recent years, while not only structural changes in the economy, but also notable changes in the legal environment have occurred, creating new forms of risk stemming from both digitization and globalization, including global political changes, and technological innovations. The complexity of these changes has led to a permanent extension regarding the limits of insurability and ultimately the need to design ynnovative risk transfer solutions.

Welcome

Please click on a risk for more information.

Business Impact

Natural Desaster
Natural Desaster
Political Sanctions
Political Sanctions
Innovation Fail
Innovation Fail
Business Model Destruction
Business Model Destruction
Bad Debt Loss
Bad Debt Loss
Inflation & Deflation
Inflation & Deflation
Recruitment Problems
Recruitment Problems
Commodity Price Increase
Commodity Price Increase
Fire / Explosion
Fire
Legislation Change
Legislation Change
terrorism
terrorism
Cyber Incidents
Cyber Incidents
Business Interruption
Business Interruption
Environmental Liability
Environmental Liability
Market Decrease
Market Decrease
New Technologies
New Technologies

Risk Score

Industry

Turnover

Production Sites

Employees

Corporate Level of Digitization

Corporate Level of Globalization

Explore more

Contact
If you have any questions or suggestions do not hesitate to contact us