Reliance Risk is a risk management company founded in 2007 by CEO Wayne Middleton. The company's slogan, "Empowering Businesses with Smart Risk Solutions," aptly captures its mission. At the core of Reliance Risk is its specialized risk management software, Risk Sense, designed to evaluate and manage risks associated with businesses and events while providing incident recording and analysis. This innovative software not only benchmarks industry risks and incident statistics within an organization but also against other relevant industry users. The significance of Risk Sense lies in its application across the venues, events, and sporting industries, where risk management is often overlooked as a compliance tool rather than a strategic decision-making asset. This software not only expedites the assessment of event risk scenarios but also eliminates subjective decision-making, reducing the necessity for extensive human resources. Hosted on a dedicated server with robust IT security and database protection, this online platform prioritizes user anonymity and data privacy. Reliance Risk has established a strong presence in Information Technology and Sports industries, with an impressive client portfolio including renowned names such as the Sydney Opera House, the National Rugby League (NRL), Tennis Australia, and the University of Sydney. The company's core service areas encompass sports risk management, event risk management, and risk management for entertainment and venues. As a venture capital firm, considering the innovative approach and application of technology in risk management, Reliance Risk presents an attractive investment opportunity with the potential for scalability and disruption in traditional risk management practices. With a solid track record and prominent client base, Reliance Risk demonstrates the capacity for growth and market penetration. Overall, Reliance Risk's focus on smart risk solutions positions it as a compelling prospect for investment within the realm of risk management technology.
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