A key function of Comcover is to assist entities to build their capability to manage risk across the Australian Government. Comcover aims to enable entities to obtain the knowledge, skills and expertise that will assist them to successfully implement and integrate risk management within their organisations.
The Commonwealth Risk Management Policy
The Commonwealth Risk Management Policy was released on 1 July 2014. This policy supports the Public Governance, Performance and Accountability Act 2013 (PGPA Act), which requires accountable authorities of entities to establish and maintain appropriate systems and internal controls for the oversight and management of risk.
A key way to increase risk awareness in the Australian Government is through effective risk management training. Comcover provides a comprehensive risk management training program which includes face‑to‑face training courses, online learning and an executive professional development program.
Awards for Excellence
Comcover supports the achievement of greater transparency and accountability in the Australian Government's management of risks. In addition to the educative role Comcover plays, Comcover also presents Awards for Excellence in Risk Management to entities to recognise public sector leadership in risk management.
The winning entities of the 2016 Awards for Excellence in Risk Management were announced following the Insurance and Risk Management Conference held on 22 September 2016 at the National Convention Centre, Canberra.
Comcover Benchmarking Program
Comcover's annual benchmarking program supports the promotion of better practice risk management across the Commonwealth. The benchmarking program assesses the risk management capability of entities using a risk maturity model. The maturity level of an entity will reflect the entity’s investment in its risk management framework and the extent to which risk management has been integrated into an entity’s operations.
Risk Management Resources
Comcover’s Risk Management Resources have been developed to assist entities to manage risk effectively. It includes better practice guidance, case studies and access to risk management tools and consultancy services. Comcover’s Risk Management Services Team is also available to provide advice and support to entities on risk management issues.
If you would like more information or general assistance with any aspect of the Comcover risk management program, please contact Comcover on 1800 651 540 or email firstname.lastname@example.org.
Last updated: 05 December 2016