Top Risk Management Services Providers in Latin America
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Top 10 Risk Management Services Providers in Latin America - 2024

Top 10 Risk Management Services Providers in Latin America - 2024

Forward-thinking organizations looking to stay ahead of emerging threats are actively adopting digital innovations in enterprise risk management. Taking a holistic and proactive approach to risk assessments, risk management technologies enable businesses to build resilience and chart a course toward sustainable success.

According to the latest reports, the global enterprise risk management market, valued at $5.12 billion since 2024, is estimated to grow to $6.59 billion at a CAGR of 6.5 percent.

Fueling this growth are disruptive tech trends fundamentally transforming the risk management industry.

A risk maturity model consolidates workflows and manages the growing interconnectedness of risk vulnerabilities. A comprehensive enterprise risk management technology stack is also gaining momentum, acting as a critical integration tier for risk management activities. It is vital to creating and managing policies, understanding risk posture, identifying gaps in regulatory compliance and automating the internal audit process.

AI is another technology instrumental in the evolving risk management industry. Chatbots can address risk management questions from employees, customers, business partners, and other stakeholders, reducing the need for risk managers to be directly involved.

This edition of CIOReview Latin America brings recent developments in risk management and insights into how companies adopt these trends to innovate legacy practices.

It features thought leadership articles from industry experts, including Vanessa Van Enck Ramos, Risk Manager at Generali Brasil, who conveys a proactive and forward-thinking approach to risk management, emphasizing the importance of leveraging technology, collaboration and sustainability to navigate the evolving landscape of the insurance industry. Jaqueline Monteiro, Global Insurance and Risk Manager at SAE Towers, offers invaluable guidance to organizations seeking to optimize their operation through environmental, social and governance factors.

We hope this edition, featuring the Top Risk Management Services Providers of 2024 in Latin America, helps you build the partnership your organization needs to sharpen its competitive edge in risk management.

    Top Risk Management Services Providers in Latin America

    FS Advisory
    Combining years of experience exclusively serving banks, brokerage houses, Popular Financial Entities, fintech companies, SOFOM’s, among other entities in the Financial Services spectrum FS Advisory focuses on managing risk, which is intricately tied to this sector's regulatory landscape.
    NEKT Group
    NEKT Group’s unique combination of AI-driven technology, automation focus, innovative solutions, holistic awareness programs and comprehensive testing services makes it a valuable partner for organizations seeking advanced cybersecurity capabilities. NEKT offers new-generation technological solutions that break traditional offering schemes. By leveraging cutting-edge technologies like AI and automation, the company provides innovative cybersecurity solutions that are adaptive and responsive to evolving threats.
    Processes & Compliance Joint
    Processes & Compliance Joint has emerged as a leader in navigating evolving trends in risk assessments and offering advisories in information security, corporate ethics, sustainability ESG and compliance. It specializes in ESG, Compliance, Corporate Ethics, Sustainability, Risks and Information Security.
    ADVANTA GLOBAL SERVICES
    ADVANTA GLOBAL SERVICES is a global firm that provides independent loss adjusting, forensic accounting, quantity surveying, and risk engineering services. Advanta's mission is to support its clients through unexpected events, ensuring that insurance claims are managed, quantified, validated, and resolved fairly, promptly, and professionally to enable swift recovery.
    Bertolaccini
    Bertolaccini is a company that specializes in risk management and insurance brokerage, offering a wide range of services to various types of businesses. They design insurance programs, analyze risk exposures, and provide coverage options to optimize companies' insurance matrices.
    Brasco Enterprises
    Brasco Enterprises is a consultancy firm specializing in turnkey solutions for emerging markets, particularly in Brazil. Brasco Enterprises operates on four continents and is known for its strategy, risk management, decision-making, and government relations expertise. They are committed to offfer tailored services that result in state-of-the-art solutions covering all fields.
    Pimenta de Avila Consultoria
    Pimenta de Ávila is a Brazilian consultancy firm specializing in engineering and consulting services related to geotechnics, water resources, and environmental engineering. They strongly focus on risk management and the safety of dams, particularly in the mining, industry, energy, and water supply sectors.
    Protiviti
    Protiviti is a international consulting firm that offers deep expertise and services in risk management, compliance, ESG, cybersecurity, privacy, internal audit, and business investigation. They provide specialized services to address business risks and challenges, ensuring the protection and maximization of organizational value.
    SF Group
    SF Group is a global firm specializing in corporate security and risk management. They offer services that support safe and sustainable business operations in multiple environments, from the Amazon Basin to the Himalayan Highlands.
    Temigroup
    Temigroup is a global network consultancy that provides security risk management services to multinational and corporate companies worldwide. Established in 2009, the company draws inspiration from Themis, the goddess of good counsel and communal affairs.