Insurance Audits, Insurance Renewal Consulting and Other Services
Risk Consulting Group - Risk Management and Insurance Consultants
Insurance Audit - a Risk and Insurance Audit or “General Health Exam” of a client’s organizational risks and insurance program will determine acceptable and recommended areas of improvement.
Insurance Renewal Consulting - Comprehensive insurance coverage and competitive premiums can be obtained through a strategic insurance renewal marketing process.
Risk and Insurance Audits 
- Identify and Assess significant risks and exposures
- Evaluate current insurance program, including:
- Coverages
- Limits
- Deductibles
- Competitive Cost
- Evaluate outside services, including:
- Brokers
- Insurers
- Claims TPA
- Address internal administration and risk management functions
Insurance Renewal Consulting
- Assist in the selection of one or more proposing brokers
- Allocate insurance and reinsurance markets to brokers
- Prepare written insurance specifications with minimum requirements
- Negotiate with and monitor the brokers marketing activities
- Analyze proposals and present a report of conclusions and recommendations
Enterprise Risk Management
- Organization
- Operational
- Locations
- Personnel
- Direct and Indirect loss impact under different scenarios
- Address merger and acquisition specific immediate and long term risks
Financial Analysis
- Conduct self-insurance and high-deductible feasibility studies
- Facilitate actuarial loss projections
- Conduct captive insurer and other risk financing alternatives
Other Consulting Services 
- Address risk management and insurance due diligence, acquisition and other issues
- Evaluate and assist in designing risk management information systems
- Assist in claim settlements
- Litigation and expert witness consulting services
- Implement continuous consulting services to minimize clients’ exposures and Cost of Risk