The move represents a strategic enhancement of BW's risk capabilities, enabling the leading professional services consultancy to offer clients deeper advisory services in cyber security, data privacy, environmental, social & governance, and compliance. BW and Risk Evolves, known for their practical, client-centric risk advisory services, have already collaborated on several high-profile projects, making the acquisition the next step of an established partnership.
The move will see a seven-strong team from Risk Evolves join BW to create a bolstered offering creating unique benefits for clients, including:
• Investment in BW's comprehensive risk management and security support, helping organisations identify vulnerabilities across cyber, data privacy, environmental and social (ES) factors, and health & safety, while preparing for diverse threats through risk assessments, incident response planning, and supply chain risk reviews.
• Stronger governance, risk, and compliance capabilities with practical support to meet regulatory obligations across all risk domains, embedding proportionate, right-sized compliance frameworks tailored for each client's sector, size, and structure.
• Greater business continuity and resilience planning to prepare for any form of disruption, including business continuity planning, crisis response frameworks, and leadership workshops.
• Enhanced specialist training and behaviour change programmes, from cyber awareness and data privacy training to health & safety, environmental compliance, and executive risk coaching, supporting teams to embed a comprehensive risk-aware culture that reduces real-world exposure across all business areas.
Barnett Waddingham Partner and Head of Risk and Resilience Services, Harshil Shah, said: "This strategic move cements BW’s credentials as a leading professional services consultancy that helps clients make better decisions around strategy, operations and people; by leveraging our risk, resilience and data analytics expertise. Risk Evolves has been a trusted partner for several years, and this move formalises and strengthens that relationship. Our clients will benefit from continuity of service while gaining access to our combined award-winning expertise."
Helen Barge, Founder and Managing Director of Risk Evolves, who has joined BW as Principal and Senior Risk and Resilience Consultant, added: "Barnett Waddingham has a first-class reputation within the risk industry; the firm is well known for building strong, long-term relationships based on collaboration and trust. What particularly attracted us to BW was the alignment of our values; we both prioritise client-centric service, integrity in everything we do, and a genuine commitment to helping organisations build resilience. I am proud to be joining the business with my other Risk Evolves colleagues."
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