Insurance Portfilio Management
We provide the creativity and attention of a boutique firm, combined with the resources of a large and experienced organization to provide a complete resource for the management of clients Insurance Portfolio. For our clients, we strive to:
Analyze the client's business processes
Provide advice on the existing coverages vis a vis the risks exposures
Organize quotations for Insurance placement
Placement of Insurance with optimum coverages at the best available price
Day-to-day administration of the Insurance portfolio
Risk Assessment and Management
Risk is the possibility of suffering loss and Risk management thus can be defined as the acceptance of responsibility for recognizing, identifying, and controlling the exposures to loss or injury, which are created by the activities of the organization. The process of Risk Management follows the following steps:
Risk Identification - Search for and locate risks before they become problems.
Risk Analysis - Evaluate the impact, probability, frequency and the severity of the risk and thus classify and prioritize risks.
Risk Implementation - Translate risk information into decisions and mitigating actions (both present and future) and implement those actions.
Risk Transfer - Risk may be transferred contractually to others or it can be transferred by way of insurance.
Risk Review - Monitor risk indicators and mitigation actions and provide information and feedback internal and external to the project on the risk activities, current risks, and emerging risks.