Regulatory Landscape Shifts
What's the risk?
Changes in public and private sector regulations, financial policies, and industry standards in England and Wales may impact operations and partnerships.
However, the death industry is outdated and associated regulatory shifts are typically glacial, therefore we anticipate a low risk.
How are we mitigating this?
Regulatory Monitoring
R&D team will track UK Government bereavement consultations & policy updates.
Sign-up for industry newsletters.
Expert Consulation
Work with legal experts in death industry compliance.
Engage with professional networks such as the National Society of Funeral Directors
Flexibility
Maintain adaptable internal policies & operational structures to easily adjust to any new regulations.
Reliance on Partnerships
What's the risk?
As an early-stage start-up Conclude depends on strong collaboration and partnerships to establish itself within the market. Initiation and maintenance of partnerships poses a challenge.
How are we mitigating this?
Outreach
Dedicated outreach team
Diversifying partnerships through regular outreach initiatives to de-risk dependencies on a select number of connections.
Value Driven Collaboration
Partner with organisations which align with our mission and values.
Partners with a strong personal stake in bereavement admin are more likely to stay engaged.
Regular Engagement
Establish strong personal connections with potential partners.
Collaborating on social media
User Privacy & Security
What's the risk?
As a start-up focused on the sensitive area of bereavement administration ensuring a high level of data privacy and compliance is crucial to avoid harm to our users, reputational damage or legal penalties.
How are we mitigating this?
Security Protocols
Implement industry standards for security & data protection.
Data encryption & AWS implementation.
Legal Compilance
Compliance with relevant policies such as GDPR & FOIA.
Ethical Data Handling
Establish internal policies for data handling within the Conclude enterprise.