Member Article

Best Practice UK Risk Management Consultancy Celebrates Launch of New Service Areas

A leading risk management consultancy – based throughout the UK – is celebrating the launch of its specialist Rail System Safety Team with the award of three consecutive rail contracts.

Corporate Risk Associates (CRA) has been awarded the contracts as the company pursues its strategy to carve a niche in the growing rail sector. Contract awards include providing expert support for a major Middle East project, providing safety management consultancy to a second rail provider and a third contract to conduct an independent safety audit for the Serco operated Dubai Metro.

Formed to initially focus on the nuclear industry, CRA has grown exponentially since its formation in 2000 and provides best practice risk management to other industry sectors – including defence – where the same levels of robust safety, risk and reliability standards are demanded.

Speaking about the success of the newly launched service area, CRA founder and CEO, Jasbir Sidhu said: “The success of our newly formed Rail System Safety team, combined with these very quick and consecutive sector contract wins, is a new and exciting challenge for the consultancy and we very much look forward to bringing benefits to our clients in the critical infrastructure sectors including nuclear and rail.”

The company has experienced rapid growth in the last five years, having worked on some of the country’s largest infrastructure projects including the recently approved Hinkley Point C.

The company has also recently picked up a significant contract win supporting the Office of Nuclear Regulation (ONR) in performing a Generic Design Assessment of the reactor design put forward by Hitachi-GE (UK ABWR) which is planned for two sites in the UK. And, in addition to contract wins, CRA has recently announced the relocation of its South-East offices to new offices in the heart of Vauxhall, South East London.

Speaking about the rail contract wins, Ruairi Kennedy, CRA’s Head of the Rail System Safety Team said: “As a new player in the market, it’s always pleasing to be given the opportunity to demonstrate our ability; I’m glad to have established some good working relationships with our global partners, pre-Brexit and very much look forward to doing the same with our UK and Irish clients as we move forward.”

CRA boasts a team of 35 with additional staff embedded in client offices in both Paris and Lyon. The consultancy prides itself on managing safety, risk, and human performance across our critical infrastructure including the nuclear, rail, defence, and finance industries.

This was posted in Bdaily's Members' News section by Scarab4 .