Brokerage and consultancy service provider MRH Trowe is expanding its capacities in the industrial risk management segment. The company has agreed to acquire a stake in Austria's risk on mind GmbH. The Vienna-based consultancy specialises in the identification, analysis and ongoing management of complex corporate risks for industrial enterprises and contributes an internally developed software platform to the group.
The digital platform, named rismo, forms the technological foundation of the Vienna-based company. The application enables enterprises to evaluate risk scenarios using data, compare site profiles, and systematically oversee organisational protective measures. The scope of activities covers insurable as well as non-insurable risk areas, including technical site analyses, emergency and crisis concepts within business continuity management, and detailed assessments of cyber threats.
Comprehensive advisory approach for complex industrial sectors
Through the transaction, MRH Trowe deepens its advisory support across the entire risk management chain, from early detection and prevention concepts to appropriate cover. Technical expertise is gaining significance, particularly in economic sectors with demanding hazard potentials. This applies, for example, to businesses in the recycling industry, wood processing, and operators of modern energy storage facilities, where precise analyses are intended to safeguard operational resilience.
- —Technical risk analyses and development of property-specific protection concepts
- —Implementation of business continuity management for operational disruption scenarios
- —Identification and assessment of technological vulnerabilities and cyber risks
- —Cross-site data collection and process monitoring via the rismo platform
Ralph Rockel, Chief Executive Officer of MRH Trowe, contextualised the acquisition within the long-term corporate strategy. He noted that the group's objective has always been to deliver added value through specialist consultancy beyond pure broking and intermediation activities in the core segments of Insurance, Benefits and Finance. Having already established dedicated units for HR Consulting and Financial Engineering in recent years, the investment in risk on mind represents the logical step towards supplementing traditional risk engineering with comprehensive management concepts.
Technological leadership and new management role
Stephan Dorner, founder and previous managing director of risk on mind GmbH, will remain at the helm of the Vienna-based company. At the same time, he will assume overall responsibility for risk management within the MRH Trowe Group as Chief Risk Officer. In this way, the technological toolkit will in future be available to all advisory teams and the broader client base of the brokerage firm.
In the view of Stephan Dorner, rapid transformation in industry and technology, accelerated by modern software architectures and artificial intelligence, demands forward-looking enterprise risk management. Joining forces with MRH Trowe provides the foundation to identify strategic, operational and technological threat factors at an early stage and make these solutions accessible to a broad client base.
