RISC provides project work and ongoing outsourced insurance and risk management services to replace existing staff positions of personnel currently fulfilling the internal insurance role. Our personnel have experience working with a wide variety of business operations, as well as governmental entities and affluent individuals. In fact, while underwriting accounts at a major insurer, company president Kevin Glaser worked with some of the wealthiest families and most recognizable names in America.
RISC is an important facet of a balanced financial plan. We work closely with lenders, financial planners, attorneys and CPAs to round out analysis of your exposure to financial risk. We typically work through CFOs and CEOs of large and medium-size businesses, as well as owners of smaller businesses, to bring expertise and value to their respective organizations.
We tell insurance agents what you need. This way, instead of agents “selling you” products, you can choose the types and limits that will provide the greatest balance of coverage for the price you pay.
We are compensated only by you, not by any insurance company. Thus, there is no potential conflict of interest – something that the typical insurance agent cannot claim.
RISC does NOT sell insurance. As a result, we avoid conflicts of interest that may arise between insurance companies and insurance agents and brokers. We are unbiased and objective.
RISC focuses on improving your bottom line! We do this by making certain that proper insurance and risk management techniques are in place, by making a conscious effort to save you money, and by reducing the amount of time that you spend on insurance research and decisions. One of our primary goals is to save our clients more money than is paid to us in consulting fees.
We analyze your current insurance and risk management programs, focusing on closing insurance gaps and recommending non-insurance alternatives, where these make sense.
If desired, we can develop unique templates that will be used to obtain quotations from various insurance providers who will compete to provide the best value for your insurance dollar.
We will review your current claims history and look for related ways that will help save you money.
We work on your behalf to cut across all insurance company marketing approaches to do what is best for you. Agencies that represent direct writer companies cannot access independent insurance carriers, and vice-versa. But we can.
We are skilled at persuading insurance carriers to provide their best price and coverage. Let our expertise and experience aid in this process.
If you have a good relationship with your insurance agent and/or insurance company, you can keep them. However, since anyone can make a mistake, we provide an impartial, unbiased 2nd set of eyes to review the insurance programs you now have in place. Consider what checks and balances you currently have, if any. We adhere to the philosophy of “trust, but verify.”
Save valuable time by providing information only once, and by having the ability to make a fast, informed decision based on the Executive Summary we provide.
We treat your business like we own it. RISC understands that, regardless of the size of your assets, insurance is both expensive and difficult to understand. We make the insurance process less confusing, which saves time and allows you to make educated decisions without insurance industry jargon getting in the way. In addition, a major focus area is improvement of your bottom line. That’s it, pure and simple.
We are tested problem solvers that increase your profits by decreasing your cost of risk. We accomplish this, in part, by plugging gaps that would otherwise result in out-of-pocket payments, and by methodically testing the insurance market place to obtain coverages at a more competitive price.
RISC provides in-depth reviews of existing P&C insurance programs and compares your company’s existing program to our benchmarks using our RISC Assessment methodology which:
1. Saves significant money.
2. Assures the proper coverage.
3. Eliminates duplication.
4. Provides options to enhance existing insurance programs.