It is imperative that any corporate entity can obviate severe business losses only by a professionally structured risk management system. Assessment of Risks and creating a risk profile is one of the expertises of ALEgION. It is in the interest of the corporate to assess their risk more scientifically and thereby obtain optimal solutions and premium terms from the insurers.
ALEgION came into existence in 2001, to provide consultancy services in Operational Risk Management to enterprises across industry spectrum, focused mainly on the Insurance and Risk for corporate entities with Dr. N Raveendran as its Managing Director. The reforms and opening up of the insurance industry during that period, set in motion the drastic changes and rejuvenated Risk Management and General Insurance market in India.