Loss Control Engineering

We take our role as your insurance broker seriously and in that role, it is naturally important to assist with the identification and assessment of the possible risks facing your business in an effort to control the frequency and severity of losses. This involves a review of your premise and operations and meetings with key personnel (management and operational) all in an effort to present an accurate picture of the existing and future circumstances requiring attention.

Understanding that we are insurance brokers first, we do not hesitate to enlist the services of outside partners to perform more intensive inspections and analysis wherever needed. We will provide time sensitive responses that are financially achievable for both short and long term considerations.

 Risk Management

We remain strong advocates of this procedure to minimize the adverse affect of a possible financial loss. This service involves the practice of systematically working within the following framework:

• Step One:   Risk Assessment - Identification of possible sources of loss
• Step Two:   Risk Measurement - Measuring the financial consequences of a loss occurring
• Step Three:   Risk Control - Using controls to minimize actual losses or their financial consequences
  Tools: Control Risk; Avoidance, Reduction, Prevention, Transference
  Finance Risk: Finance the cost of losses Or Finance the cost of Risk Management

Our goal in this process is to assist you to build a road map that will serve you today and tomorrow in a cost effective and realistic manner for dealing with risk in general.

 Alternative Risk Transfer (ART)

Although many companies are willing to assume a portion of their own risk, today’s organizations have access to a variety of different financing mechanisms to fund those risks. Today’s options include but are not limited to:

• High deductible Programs
• Self Insured Retention Programs including Self Insured Layers
• High deductible Programs
• Captives, Rent-a-Captive
• Retrospective Rating Programs
• Reciprocal Programs and Special Purpose Insurance Companies
• Special Purpose Insurance Companies

 Third Party Claims Management

We maintain access to what we believe to be a number of the finest independent claims management firms in the country. Our goal is to match both your needs and those of your insurer where applicable with a service of claims management that is second to none. This service framework provides you with one of the most comprehensive yet uncomplicated reporting and analysis of claims material available in today’s marketplace in a “real time” environment.

 Contract Analysis

Our personnel will take the time to review and analyze your business contracts of all types to ensure your insurance meets the needs of the specifications outlined therein.