Risk Review Process PHASE ONE: UNDERSTANDING YOUR BUSINESS Our team will invest the time necessary to understand your business. We utilize our insurance industry experts in safety, claims, policy review and human resources to uncover risk issues specific to your business. Our risk review will usually include: Facility/Site Tours Contract Reviews Policy Reviews Claims Analysis Broker Service Review Safety Surveys Phase Two: Improving Your Risk Profile Once we have developed a thorough understanding of your business and your risk issues, we will be ready to formulate recommendations to minimize risk and reduce your Total Cost of Risk. The time invested in the Risk & Insurance Review process will pay off for you since we can precisely develop a plan to fit the unique risks of your business. This is the key to improving your business risk profile. Phase Three: Reducing Your Total Cost of Risk Based on the findings we will collaboratively create an initiatives schedule, including a timeline of activities to implement the recommended solutions. These solutions go beyond insurance to address alternative risk management strategies, including: Contractual Risk Transfer Claims Management Loss Control and Safety Risk Retention Strategies Policy Controls & Procedures Risk Mitigation Strategies
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