Risk Identification and Analysis.
It is critical we gain a thorough understanding of the unique blend of your operations, exposures, and attitudes toward risk. We start with a comprehensive review typically including the following:
- Physical inspections
- Deep-dive interviews with senior leadership and key operational staff
- An analysis of historical losses and claim trends, which can impact placement results (where there is sufficient data, we complete statistical loss projections)
- A review of existing insurance policies and insurance program financial structures
- A review of any current risk-control and loss-prevention initiatives
Upon renewals for existing clients, we repeat many of these steps to track operational changes, monitor current insurance-program performance, and ensure our unwavering understanding of the organization.