Capabilities

Assessment

• Identify goals of your Risk Management Program
• Review current program structure
• Review market conditions
• Identify insurance and risk financing alternatives
• Enterprise risk management analysis

Develop Program

• Refine program structure and service requirements
• Prepare underwriting submission
• Develop service requirements

Implementation

• Select insurance markets
• Submit underwriting data
• Negotiate final terms

Account Servicing

• Prepare proposal of insurance presenting the terms and conditions of the insurers quotations
• Bind insurance coverage with selected insurers
• Issue Certificates of Insurance and auto ID cards
• Prepare schedules of insurance
• Review and process audits
• Request correcting endorsements from insurers
• Assist with budgeting and premium allocation
• Monitor program and modify as appropriate

Claims Management

• Conduct periodic review of claim files
• Advocate the handling and settlement of claims with client's legal counsel
• Perform regular reviews of Third Party Administrator files and conduct meetings between Third Party Administrator and client to review the handling of claim files
• Ensure appropriate claim reserving/handling by carrier and compliance with previous negotiated special account claim handling instructions
• Advocate successful claim resolution
• Assist client/carrier claim dialogue