Experience consistently shows that better solutions are created when issues are examined globally - that is, how they impact all aspects of an organization.

For example, decisions concerning employee benefits impact morale, which impacts client service, which ultimately impacts sales and profit.

That is why the Business Risk Evaluation takes a global, integrated approach. We examine all aspects of your business, from operations, products/services and financial issues to people, work environment and strategic partnerships. This enables us to give a clear, integrated picture of the risks you face and develop insurance and employee benefits strategies to help you improve your business.

The How

Phase One: Understanding Your Organization

This is done by a series of analyses, including:

• Interviews with Senior Management to understand your strategic vision and success factors.
• Interviews with supervisory and frontline employees to gain their perspectives: Do they understand the company vision and embrace it? How can they impact it?
• Site visits to understand your processes and risk exposures.

Phase Two: Interim Report to Management

Our goal is to keep you continually informed and involved in our analysis. We will share our preliminary findings and gain your perspective on priorities, your appetite to retain risk, transfer risk contractually, and implement risk minimization techniques.

Phase Three: Program Analysis

It is not until we have context from our initial efforts that we perform a technical review of your current program; to do otherwise would be like a doctor prescribing a cure without an examination.

At this point we are concerned with policy structure, exclusions, claims history and risk/reward cost analysis.

Phase Four: Implementation

We deliver our recommendations based upon the previous reviews for:

• Marketing opportunities
• Program structure and changes
• Safety and claims management issues
• Delivery of an action plan with stated deadlines for completion

Upon receiving management’s approval to move forward and formalize our relationship, we begin implementation.

The Benefit

Upon successful completion of our program, our commitment does not end; the evaluation has provided a basis for ongoing monitoring and opportunity for continuous adjustment. Your company’s Risk Management Program changes from a yearly review to an integrated, continuous process.

Your organization will have a comprehensive Risk Management Program, involving not only Senior Management, but also frontline employees, resulting in:

• Better loss experience
• Improved morale
• Enhanced corporate culture
• Improved business continuity

Ultimately providing improved profitability and efficiencies.