Here Be Dragons

Navigating the Grey. Quantifying the Risk.

HBD Advisory helps boards, executives, and investors turn uncertainty into better decisions. We combine enterprise risk management, quantitative modelling, and sustainability insight so that risk becomes a tool for strategy – not just compliance.

From enterprise-wide risk frameworks to short-term insurance claims modelling and IFRS sustainability disclosures (IFRS S1 and S2), we support organisations that want a clear, defensible view of risk and value.

Serving clients across financial services, insurance, real economy businesses, and the public sector.

Services

A Focused, Modular Suite of Risk & Sustainability Services

You can work with HBD Advisory on a single project, as an outsourced Virtual CRO, or as an ongoing partner to build risk, data, and sustainability capabilities over time.

Ongoing

Virtual Chief Risk Officer (vCRO)

Executive-level risk leadership for organisations that don’t yet need (or can’t justify) a full-time CRO.

  • Risk committee and board reporting
  • Risk appetite and key risk indicators
  • Regulator and stakeholder engagement support
  • Coaching for management and risk champions
Framework

Enterprise Risk & Target Operating Model

Design or refresh enterprise-wide risk frameworks and operating models that align with ISO 31000, COSO, and your governance code.

  • Risk framework and policy design
  • Roles across 1st, 2nd and 3rd lines of defence
  • Process maps, registers, and reporting cycles
  • Tooling and data recommendations
Quant

Risk Quantification & Scenario Modelling

Put numbers to uncertainty – in Rands and probabilities – so decisions can be tested, defended, and compared.

  • Value-at-Risk (VaR) and stress testing
  • Risk-bearing capacity (RBC) analysis
  • Macro and sector scenario modelling
  • Risk-adjusted capital and portfolio insights
Insurance

Short-Term Insurance Claims Modelling (IFRS)

Actuarial-style modelling of short-term insurance claims and premium dynamics to support IFRS-aligned financial reporting and planning.

  • Claims triangles and development patterns
  • Expected loss and reserve estimation
  • Sensitivity and scenario analysis
  • Finance & actuarial collaboration on disclosures
Sustainability

IFRS S1 & S2 Sustainability Risk & Disclosure

Help management teams understand, quantify, and disclose sustainability-related risks in line with IFRS S1 and IFRS S2.

  • Material risk and opportunity identification
  • Climate and transition risk assessment
  • Linking sustainability risks to strategy and capital
  • Decision-useful metrics, targets, and narratives
Capability

Training & Risk Culture

Practical, context-specific training for executives, 1st line teams, and risk professionals.

  • Risk awareness and culture workshops
  • Risk champions programmes
  • Board/Exco risk & ESG masterclasses
  • Tool- and model-specific coaching
Contact

Book a Conversation

If you’d like to explore how HBD Advisory can support your organisation, complete the form and we’ll follow up to schedule a call.

No obligation, no hard sell – just a structured discussion about your risk, insurance, and sustainability priorities, and whether HBD is the right fit.

Note: This form uses your default email program to send the enquiry directly to HBD Advisory.