Each charity's operations, activities and aims are unique and different from other organisations. Your approach to risk management and the policies you have in place will vary too.
Of course, some of these are legal requirements, while others are strongly recommended based on your activities or the way you operate.
Good risk management satisfies regulators, donors and your insurer that you've taken responsible action to manage all levels of risk. In the event of a claim, your insurer may request evidence of appropriate risk management.
With the help of Trust Advice CIC (a specialist advisor to UK charities), we've put together a short guide to all the risk management policies you'll want to consider having in place.
Even if you've recently reviewed your risk management, download the guide to check your current approach covers everything it needs to.
A number of insurers reward good risk management – ask us if you'd like more information on this.