Helping Reduce Losses & Minimize Risk to Improve Your Bottom Line.
CBIZ Insurance Services’ risk management strategy is to help you be proactive. We partner with you to develop a plan that improves risk management, reduces long-term risk financing costs and secures the broadest coverage possible. With a sound strategy in place, your risk and the magnitude of its impact is significantly reduced.
What sets us apart is our unique ability to provide enterprise-wide risk consulting expertise to the clients we serve. We view risk holistically, binding together all elements of traditional and emerging risk management needs with human capital management and financial performance.
Our process begins by working with you to gain an understanding of the financial, operational, regulatory and managerial risks most likely to impact your organization enterprise-wide. Specifically, we review your risk management goals/objectives, operations, coverage, pricing and risk management practices to identify your business’ exposures.
Once we have gathered your information, it is analyzed to determine loss trends, total costs of risk and potential impacts. Additionally, we determine your risk tolerance level to help guide risk transfer, mitigation and management solutions. The quantifiable findings form our recommended risk solutions that is provided to you in a detailed report.
We develop a custom service plan outlining key action steps, accountable parties and dates for all activities. As your broker, we negotiate with insurance companies to secure you comprehensive coverage with the most competitive rates, terms and conditions available in the marketplace. We implement risk controls and manage your claims process to ensure prompt and fair settlement. We will regularly communicate with you for ongoing review and advice.
Measuring your success following your plan implementation and adjustments to maximize outcomes is a key step. Our risk consultants monitor industry trends and communicate changes that may impact your coverage needs. They also share new products that may provide you additional or better protection.