Outsource Risk Management
How CIC Identifies and Analyzes Risk
CIC can help you identify, analyze and control risks that could impact the profitability of your company. We develop and implement customized solutions by incorporating the most efficient mix of risk avoidance, risk transfer, and risk financing tools available. These solutions go beyond traditional property/casualty insurance programs to incorporate strategies that can help boost a firm’s revenues, increase its net income, and bolster its balance sheet.
We offer an extensive range of consulting services that can be customized to meet your needs. Our services include, but are not limited to:
- Identifying and analyzing exposure to accidental loss.
- Identifying and recommending types, levels, and sources of loss prevention.
- Analyzing risk financing alternatives and recommending financing alternatives consistent with a client’s business philosophy, their ability to retain losses, and the current insurance market conditions.
- Claims review, audit, oversight, and management; working with management, claims adjusters, and attorneys to determine appropriate strategies.
- Exposure assessments, risk retention analysis, captive studies, analysis of limits, insurance contract reviews, claims auditing, broker assessments, and risk management organizational studies.
- Management of renewal efforts including preparation of insurance specifications, broker assignments, review and negotiation of coverage placements to obtain the most competitive program for your company.