"Daniel has great technical knowledge in the field of Risk Management and is very effective at converting that knowledge into practical solutions" - David Oldham
Work Expertise
Conceptual and optimization in areas of risk management
During the last 15 yrs as Risk Manager I had the honor to introduce and optimize with conceptual work different areas of risk management. Besides ERM framework this included risk financing concepts, M&A risk/integration concepts but also ESG / Sustainability including reporting.
A good organizational set up in risk management helps to focus on effective and efficient risk prevention and -mitigation solutions, using various kinds of data and information where to act.
When I joined CEVA my superior and the CEO asked me to set up Risk Management (ERM), insurance structure/risk financing and sustainability (ESG) compliant to be flexible for an IPO or a sale. We had several thousand claims, accidents and fatalities. A major task was to reduce them, and the costs linked to it.
I outlined the various defined challenges, analyzed the available resources and identified the gaps. We decided to combine Risk Identification on one side and Risk Financing/insurance/claims on the other. But we focused on Risk Mitigation (like HSEQ, Security, BCP but also Sustainability). Using data form insurers, the claims team and various audits to focus where we can reduce risks best – and create opportunities for the company.
Tailor made risk financing, insurance and claims programs
I evaluated and introduced innovative risk financing/insurance concepts (including captives) with insurers and brokers. Using Risk Financing solutions to pro-active reduce risks in operation (i.e. subcontractor mgmt., claims procedure, subrogation).
To reduce collateral / LoC we set up a Risk Retention Group for US Auto Liability.
I introduced already in 2015 a Global Underwriting Program for insured benefits.
Since my work as Underwriter I am in close contact with different insurance markets (including London, US, Central Europe) and worked with all Lines of Business.
Reorganization of claims department and claims administration process.
People and HR risk programs combined with effective prevention
Gategroup and CEVA both have a significant number of employees spread over the world. Supporting HR key risks to protect staff and reduce high turnover is a holistic HR Risk Management and related prevention initiatives. Close co-work between different departments including Health/Safety, Compensation/Benefits, Operation and ESG.
I established Health, Safety/Environmental framework (including behavior based safety) and run the HSE Council with focus groups and innovations.
The Global Underwriting Program for insured benefits, granted access to medical dashboard with detailed claims information and prevention material.
The group wide Corporate Social Responsibility / ESG program granted through its 'people' section generous access to life and disability financial protection.
I prepared the group with global Business Interruption and Crisis Planning and introduced a modular toolbox. In use for Covid-19, H1N1, volcanic eruptions in connection with closure of airspace.
Sustainability Program (ESG) to pro-active reduce risk
I got personally first in contact with the topic of ESG/CSR when we identified risks in 2008. A rising demand of different stakeholders, the impact of natural catastrophes and various risks related to employees and ‘people’. Sustainability programs have been a great way in my business life to anticipate, minimize risk and create true opportunities. Today ESG/CSR is one of the focus areas of CMA CGM and CEVA.
I developed for two companies a tailor-made Sustainability framework including data management (scopes 1-3) and reporting following GRI. We developed a variety of initiatives in close partnership with other departments, suppliers and customers. This included project in People/HR (i.e., benefits), with procurement (including BPDD) and facility management (i.e., energy solutions). Only with combined forces we can reach common ambitious goals: Thats why I was founding member of industry groups like Sustainable Air Freight Alliance or Eco-Skies.
In 2021 we expanded the existing sustainability part within ERM to an extensive ESG risk assessment for the entire CMA CGM Group.
Customer focussed risk prevention offering
A consequent risk approach allows to find solutions the business or customers are looking for. We were able to (re-)act fast and make the most out of limited resources.
Within the Health, Safety and Environmental framework we established 'focus groups'. A location with a specific need tested a new procedure or technology, always with the opportunity to roll it out globally in case of success. Early we identified 'absenteeism' due to different reasons as a risk and cost factor.
The organizational structure of 'Group Risk Management' allowed to be a center of excellence for risk related data. Gathering them from various audits or ERM as well from claims data and partners (such as insurers). We used those data to introduce tailormade prevention.
Our own learning from Business Continuity Management we transferred to a new offer for 4PL clients 'Network Management, BCP, Disaster recovery.'
The umbrella certification in a modular system in different ISO standards allowed to expand on request to new areas like regulated markets (GDP, ISO 13485, CEIV Li-batt.)