Your Business Partner in Risk Management
As your outsourced risk management team, SKL Risk Consultants seeks to partner with your business. Call us – if you don’t have a risk manager, can’t afford a full time risk manager, just need help with insurance purchase options because it’s confusing, or perhaps you never thought about risk management before. We will provide customized services and tailor a program to meet your specific operational needs. Your business receives the same attention and expertise as multi-billion dollar clients.
Our experience is wide-ranging, so if you are one of the following – please contact us for a consultation:
- Business owner or executive
- Insurance purchaser for your firm – CFO, Treasury, Legal, Human Resources, Safety or other
- Insurance agent or broker seeking assistance for your clients
- Associations
- Public entities
- Any other firm seeking an insurance program review
Professional Services
- Insurance program review, restructure and implementation
- Insurance policy and contract analysis
- Total cost of risk analysis (TCOR) – How much is your program costing you?
- Request for proposal (RFP) coordination – broker / third party administration (TPA) selection
- Captive analysis, construct, implementation
- Risk identification and assessment summary and reporting
- Risk control, loss control analysis, mitigation, strategy development
- Insurance claim management / advocate – worker’s compensation, general liability, automobile, employment practices liability, commercial property, litigation management etc.
- Budgeting and expense management
- Crisis management program analysis, writing and updating
- Enterprise risk management strategy construct and execution
- Policy and procedure development and writing
- Interview subject matter experts (SME) for risk / claims
Client Examples
Current Client Engagement:
Global Media Company Multi $B
In process of building Risk Management Program from scratch
- Insurance policy review and assist broker with program renewal and placement all property, casualty, executive lines
- Contract review and language adjustment to benefit client – 3,000 – 5000 contracts to be reviewed
- Identifying business partners to building Loss Control Program
- Conducting interviews – EHS, Safety, Human Resources, OperationsReviewing claim history – to evaluate opportunity areas
- Identifying gaps and highlighting them
- Partnering with each area to develop virtual and in-person solutions designed to protect person and property
Current Client Engagement:
Gas and Go Retail Operation Multi $M
Working with general counsel to develop and streamline liability claims management process
- Writing internal policy for leading practices re: claim management, reporting and handling
- Developed client tracking methodology
- Customer service enhanced by providing early contact and handling
- Identifying internal partners for collection of information
- Target is to lower claim expenses and expedite handling to lower overall cost of risk
- Assist with ongoing insurance program planning and strategize insurance program structure and placement for next renewal
Previous Client Engagement:
National Events Management Company Multi $M
- Casualty program deconstruct and rebuild; needs and desired outcomes evaluated
- Spearheaded request for proposal regarding new broker
- Conducted in-person meetings
- Identified loss control opportunities
- Placed new broker relationship after negotiating fee agreement with partner
- Resulted in deferral of broker fee payment until after renewal savings were recognized
- Broker placed fee payment at risk based upon program negotiation successes
