Mitigating Risks and Maximizing Opportunities
Offering a wide range of strategic risk management services, tailored to safeguard your business and drive sustainable growth in an ever-evolving landscape.
Welcome to our Solution Portfolio at Lancers Risk Consulting. Here, we present a curated collection of offerings that transcend conventional services, delivering comprehensive strategies to effectively manage risks and seize opportunities in today’s dynamic business environment.
In an ever-evolving global landscape, where uncertainties abound and challenges are as diverse as they are complex, our suite of services stands as a beacon of preparedness and innovation. At Lancers, we recognize that effective risk management is not merely a precaution, but a proactive strategy for success. Our range of meticulously crafted services is designed to empower your organization, regardless of size or industry, with the insights, tools, and strategies needed to navigate the intricate web of risks and strategic growth.
Forensic Investigations & Disputes
Corporate Fraud Investigations: Fraud can be a devastating experience for the victim firms. It can adversely affect the brand value, competitiveness and take a major toll on employee morale. It’s a risk that requires strategic planning & we at Lancers help the business to plan this risk with our 360-degree approach to protect against the impacts of fraud by working at all levels of prevention, detection & investigation..
Asset Search: Volatile business environment along with unethical business practices pose a business risk to most of the businesses and financial institutions. We assist the businesses in asset and key individual tracking in an unfortunate incident of eminent bad debt. We also help the businesses in providing admissible evidence in the court of law which are useful to negotiate with the NPA account holders.
Forensic Due Diligence: Forensic Due Diligence aims to address the concerns pertaining to the authenticity of the reported financial numbers, existence and background of key suppliers, employees and customers, adverse issues surrounding the promoters or key management personnel, political connections and its impact on business activities, undisclosed related parties and transactions, undisclosed liabilities or potential claims and litigations and exposure to bribery and corruption.
Corporate Intelligence: Corporate intelligence prepares you with the right information to mitigate the potential risk of fraud and corruption. It is conducted to identify risks associated with third- parties, proposed M&A targets, new employees, and other potential targets. It assesses the background, integrity, reputation and performance track record of an individual, or an entity or the group by collecting and analysing information that is available in the public domain, subscribed databases and market sources.
Market Entry & Policy Analysis: It is a process of evaluating and strategizing the entry of a company or organization into a new market, while also considering the various policies, regulations, and factors that might impact its operations in that market. This involves conducting comprehensive research and analysis to make informed decisions about how to effectively enter the market and navigate the regulatory landscape.
Mystery Shopping: Mystery shopping is a process through which we assist customers to evaluate the quality of services and products offered by company. A mystery shopper is an individual who is tasked to evaluate the overall customer experience given by a company. Mystery Shoppers will be tasked to pretend/act as regular customers and have specific instructions on what to look for during their visit to a business.
Anti-Counterfeiting & Brand Security Services
Customized Brand Security Programs: At Lancers, we excel in crafting and executing tailored strategies to combat brand abuse issues specific to our clients. Leveraging our cross-industry experience and specialized knowledge, we deliver bespoke solutions that shield your brand from counterfeiting threats. Our approach involves close collaboration across various levels and departments within our client organizations, enabling us to pinpoint the most vulnerable product lines and regions.
In-Depth Market Surveys: Our team conducts comprehensive market surveys aimed at gaining a profound understanding of counterfeiting activities within a defined geographical region related to a specific product line. These surveys serve the vital purpose of confirming the presence and extent of counterfeit products in the marketplace. This involves identifying key players engaged in counterfeiting and dissecting their supply chains.
Empirical Insights through Test Purchases: We partner with our clients to collect empirical data, generate analytics, and develop well-researched strategies for brand protection. Through targeted sampling and authenticity testing, we gain insights into the ease and extent of counterfeit product availability in the market. This operation also sheds light on the tactics employed by counterfeiters to pass off substandard goods as genuine.
Advocacy and Engagement with Law Enforcement: Building a strong rapport with law enforcement authorities is pivotal in combatting counterfeiting. Our senior management team orchestrates visits to the highest relevant authorities within a given state, such as the Director General of Police or Commissioner of Excise. These visits serve to coordinate and seek support for enforcement actions carried out in the area.
Advanced Anti-Counterfeiting Investigations: Counterfeiting poses a significant threat to reputable brands worldwide. Our first step in addressing this issue is to identify the nefarious elements operating in the market and gather actionable intelligence about their operations. We conduct extensive, ground-up investigations to identify, locate, and confirm the entities involved in counterfeiting.
Enforcement Initiatives: Once we’ve confirmed the entities engaged in counterfeiting our client’s brand through thorough investigations, our seasoned operational management team approaches the highest local authorities with a formal complaint outlining the counterfeiting activity.
Comprehensive On-Ground Support: As the company with the largest team of investigators, we provide extensive on-ground support for various investigative categories, including skip tracing and fraud investigations. This support is essential for gathering intelligence on any entities or activities causing issues for our clients on the ground, necessitating advanced fact-finding investigations.
Comprehensive Employee Vetting: Lancers supports businesses in selecting the right talent to safeguard their reputation. With nearly four decades of experience, we conduct a comprehensive 360-degree assessment. This includes scrutinizing past employment history, verifying educational credentials, conducting criminal background checks, verifying references, validating documents, confirming addresses, and assessing behavioral patterns. Our screening packages are customized to meet the unique requirements of each organization.
Executive Due Diligence: Our Executive Due Diligence service assists organizations in thoroughly investigating the backgrounds of executives to evaluate their suitability for leadership roles. Focus is on ethical conduct and market reputations of these individuals during their previous tenures.
Insurance Risk Mitigation & Investigations
Risk Profiling : Risk profiling plays a pivotal role in the insurance industry, serving as the cornerstone of both policy issuance and claims management processes. Across all industries, the primary objective is to minimize risk, and in insurance, underwriters and underwriting teams are at the forefront of risk management. Risk profiling entails the collection of individual information, the application of established risk assessments and methodologies, risk evaluation, and the provision of effective monitoring and assurance mechanisms.
Cutting-Edge Anti-Fraud Technology Solutions: Our industry- specific Anti-Fraud Technology solutions are designed to detect and prevent fraudulent activities. Leveraging technical tools and intelligence resources, we identify fraud and leakage at their earliest stages, significantly reducing the risk of financial losses.
Comprehensive Anti-Fraud Training: Lancers has worked as subject matter expert in developing Certified Private Insurance Investigator (CPII) program along with III, APDI & NATG.
Claims Investigations: Our claims investigations process supports companies in diligently examining claims to establish their authenticity. Our network of seasoned Field Investigators conducts on-site investigations, carries out proximity searches, and procures information from local authorities and medical facilities.
Customer Experience Evaluation: Mystery shopping is a valuable method through which we assist clients in assessing the quality of services and products provided by companies. Our mystery shoppers, acting as regular customers, receive specific instructions on evaluating the overall customer experience during their visits to businesses.
Security Risk Management
Comprehensive Safety and Security Audits: In today’s dynamic business landscape, uninterrupted operations are crucial. At Lancers, we understand this imperative and offer expert assistance in establishing a secure and resilient environment. Our services encompass thorough safety and security audits, including threat vulnerability assessments and the development of robust mitigation plans, policies, and procedures. These are aligned with international standards, ensuring the highest levels of governance and compliance.
Emergency and Crisis Management Excellence: Effective emergency and crisis management plans are essential for safeguarding business continuity and personnel safety. Our meticulously designed plans are geared towards preventing, containing, and managing disruptions. They enable organizations to prepare for, mitigate, respond to, and recover from incidents. These plans provide a framework for enhancing overall organizational resilience.
Strategic Security Risk Management: As organizations expand, the need to manage and mitigate threats becomes paramount. Our security risk management services assist in identifying and controlling risks. This data empowers our clients to meet performance and profitability targets, protect critical infrastructure, prevent resource losses, ensure reliable financial reporting, and maintain compliance with regulatory requirements.
Tailored Staffing Solutions: Lancers offers access to a diverse talent pool and a meticulously curated database for organizations across industries. Our top-tier professionals support end-to-end staffing needs, from semi-skilled to executive levels. We uphold stringent recruitment and onboarding processes, guaranteeing unmatched quality in our staffing solutions.
Supply Chain Assurance Program : The supply chain network today in an interconnected world is a complex chain of activities involving various vendors, suppliers, partners and intermediaries. Any disruptions in entire network involving production, distribution, processes, sourcing and delivery of raw material and goods can lead to significant safety, security, economic and reputational losses to the organization. Lancers assurance program focuses on monitoring, identifying, analyzing and developing mitigating strategies and actions to eliminate those weak links. Our experts develop in built resilience at each stage to ensure business continuity in the organizations supply chain.
Event Management and Executive Protection: With a rich history in risk management, including the 1982 Asian Games, Lancers excels in end-to-end event management. We provide highly trained and experienced executive protection personnel for individuals and senior management. Whether armed or unarmed, our personnel ensure safety. We also excel in planning and executing evacuations to safeguard high-risk individuals and organizations.
Professional Security Management Training: Lancers specializes in preparing security professionals through our experienced team, which includes veterans from the Armed Forces, Police, and Intelligence. Our training programs enhance both physical and mental capabilities. Our security reports offer real-time assessments of vulnerabilities and risks, coupled with strategic guidance tailored to each client’s unique requirements.
Geo-Political Risk Analysis: Lancers conducts customized analyses of political, economic, security, legal, regulatory, and social factors, specifically tailored to an organization’s objectives. These analyses assess potential impacts on business operations, investments, safety, and security. Additionally, our team excels in scenario analysis, helping organizations prepare for a range of possible outcomes.