Dynamiq : Everything you need to know

Dynamiq is a global risk management company headquartered in Sydney, NSW. Founded in 2005, the company is owned by CGU Insurance, which, in turn, is part of the Insurance Australia Group (IAG).

According to Dynamiq, its business aims to empower organisations to become more resilient through services that help them prevent, prepare for, and respond to various situations and emergencies that may affect their customers’ people, operations, or reputation.

It provides a range of technology and advisory services to mitigate the potential of costly incidents. In case of an incident, Dynamiq has a 24/7 accredited monitoring centre, which provides timely support, advice, and action to help clients deal with the incident.

According to the company, it has offices in Australia, Asia, and the Americas and it provides medical and security assistance to over 300,000 travellers, 200,000 expatriates, and 6,000 organisations each year.

Dynamiq’s services include the EMQnet, an online crisis management software system that acts like a virtual control room and connects the customer’s team across the globe using mobile devices. To ensure the security and accuracy of data, EMQnet has an ISO 27001 (Information Security Management Systems) accreditation.

The company provides mobile workforce solutions to assist customers that have employees working in the field. These solutions include StaySafe, a monitoring and notification system for lone or remote workers or a large international travelling workforce. It features a real-time alerts dashboard and a discreet alert button, in case a staff member needs assistance.

Dynamiq also provides business resilience consultation and emergency response services. It will assist with preparation and training of staff, as well as conduct exercises to determine an organisation’s readiness to meet various threats. Its emergency response training is conducted by experienced facilitators, and meets Australian Standard AS 3745.

Dynamiq in the news
2005: Dynamiq founded by Anthony Moorhouse, a former Australian Special Forces commander
2012: Dynamiq named part of the Smart Company Smart50 for the third time
2014: Dynamiq attends Mining Indaba Conference in Cape Town
2014: Dynamiq merges with EMQ to form full-service consulting group
2014: Opens offices in Kuala Lumpur, Malaysia; Ottawa, Canada; and Denver, USA
2014: Dynamiq holds masterclass in business resilience at RMIA Conference 2014
2015: Dan Pritchard appointed CEO
2015: Dynamiq assists travellers after Nepal Earthquake
2015: CGU Insurance acquires Dynamiq
2015: CGU Insurance acquires Accident & Health International (AHI), a key Dynamiq partner
2016: Dynamiq begins service to Berkshire Hathaway clients
2017: Dynamiq enters strategic partnership with RMIA
2017: RMIA launches resilience practitioner handbook, with the support of Dynamiq

Need to know
Parent company: Insurance Australia Group
Service areas: Risk management, emergency assistance
Headquarters: Sydney, NSW
Employees: 51-200

Key people as of 2019
Jarrod Wilson, chief operating officer
Wilson is an experienced manager with over 20 years’ experience in general insurance. As chief operating officer since 2015, he is responsible for Dynamiq’s business operations. Before joining Dynamiq, he was with CGU Insurance, where he was national underwriting manager.

Robert Innes, principal risk consultant
According to Dynamiq, Innes is a key figure in the development and management of the EMQnet crisis and emergency management system. He has over 15 years’ experience in crisis and emergency management and specialises in implementing and training of management as well as developing multiple-tier exercise scenarios and crisis and emergency management procedures.

Kel Donovan, managing principal
Donovan specialises in risk management and development of robust business resilience solutions. He is experienced in facilitating planning workshops, risk assessments and training and emergency exercises. He has worked with major resource companies throughout Asia-Pacific, including ExxonMobil, BHP-Billiton, and Rio Tinto, as well as the Australian military.

Karen Ward, capability manager
Ward is an expert in emergency medical assistance, with more than six years’ experience in medical, security and business services. She joined Dynamiq as a case manager, before being promoted to team leader in a short period of time. As capability manager, her role involves the continuous development and maintenance of Dynamiq’s service offerings to meet clients’ needs and expectations.

Culture
Dynamiq is a proud supporter of Interplast, a not-for-profit organisation that works to improve the quality of life for people with disabilities resulting from congenital or acquired medical conditions such as cleft lip and palate or burn scar contractures.

Interplast sends fully qualified Australian and New Zealand volunteer plastic and reconstructive surgeons, anaesthetists, nurses, and allied health professionals to other Asia-Pacific countries, providing free surgical treatment for patients who would not be able to afford the procedures otherwise. It also works to facilitate medical training and mentoring for in-country medical personnel by supporting and building the capacity of local health services.

In 2017, Dynamiq and the Risk Management Institution of Australasia (RMIA) partnered to strengthen the resilience of Australian organisations, amid a decline in the survival rate of Australian businesses. The RMIA Special Interest Group on Organisational Resilience, led by Dynamiq’s Jason Gotch, released a guide to organisational resilience, which will serve as a roadmap for organisations to improve their resilience strategies.

Dynamiq : In the news

  • Rising to the threat

    Terrorism risk is a very real threat and it is on the rise for businesses with operations in Australia and around the world. Global emergency management company, Dynamiq, recently held a terrorist simulation event at their office in Sydney, which provided brokers and clients with information they need to stay safe in the event that one of their staff members is caught up in an attack. We spoke with Daniel Pritchard, CEO of Dynamiq, about the current terror threat in Australia and what it means for businesses.

  • RMIA announces new CEO

    Nationwide body announces new CEO with experience at some of the biggest names in the industry

  • Safe travels

    In this increasingly volatile international political climate, it’s more important than ever for employers to understand terrorism risk when placing coverage for their corporate travellers

  • Safe Travels

    In this increasingly volatile international political climate, it’s more important than ever for employers to understand terrorism risk when placing coverage for their corporate travellers

  • Tech dropping barriers to entry

    The use of tech in the insurance industry is helping to drop barriers for entry into the industry while also increasing competition, an expert has said