Innovative approaches to global risk problem-solving
Our professionals think outside of the box to create innovative approaches and solutions to problem-solving. For example, we brought in an outside group to conduct infrared testing on key machinery for one of our clients to assess maintenance levels before breaks occurred. This business interruption mitigation measure saved the client hundreds of hours of down time, loss of production and subsequent revenue, and considerable labor and equipment maintenance costs.
Depending on the program we design with you, a risk management review might be provided to include:
- A benchmark study comparing your performance to the industry as a whole and to key competitors
- A detailed evaluation of your current coverages and costs; alternative strategies for managing and/or transferring risk, enhancing coverages and alternative financing options; recommendations for operating efficiencies; and detailed loss statistics.