Risk Management Audits

The scope of services involved with a Program Audit typically includes:

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Confer with management to learn about your organization’s current risk management strategy, its tolerance for uncertainty, internal reporting relationships, loss history and its relationships with carriers and other service providers.

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Conduct an on-site survey directed at identifying and analyzing exposures to loss or liability.

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Scrutinize your property/casualty insurance portfolio for validity and correctness of all provisions; examine funded retentions, leases, trust or bond indentures and other documents of importance to risk planning.

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Measure current risk management methods against the exposures identified in the survey.

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Examine insurance expenditures for maximum cost effectiveness.

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Prepare a comprehensive written report of our findings including comments and recommendations for improvement in your program.

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Whether you're planning a new construction project, navigating a merger or acquisition, or simply looking to optimize your risk management strategy, we're here to help. Our team of experts is ready to provide personalized solutions tailored to your specific needs. Let's discuss how we can support your project and ensure your peace of mind.