Public Accountability is becoming a serious concern for both profit and non-profit organizations nationwide.
Mitigating risk and devising proactive risk solutions is crucial in upholding your organization’s duty to safeguard
both internal and external stakeholders.

Failure to  promptly and professionally react to unexpected situations could damage your reputation or even
result in the shut down of your operations. Many enterprises are now being advised by legal council and other
advisory committees to perform risk audits, insurance reviews and additional specialty risk management
measures. Not only does this reduce the likelihood of serious incidents, but it also serves as demonstrable
evidence that the organization and management are taking proactive measures to meet society's ever-increasing
standards.

This rising demand for assessing risk exposure prompted jb risk to design our Phased Risk Management &
Insurance Review that can be tailored to fit virtually any organization based on its type, size and individual risk
needs. This phased program provides proactive strategies to help respond quickly to crisis situations, but also
tends to reduce insurance premiums, claims costs and the overall “Total Cost of Risk” to an organization. We
have categorized our consulting services into the following table:

       PHASED RISK MANAGEMENT & INSURANCE REVIEW:




















































We provide the above risk management and insurance consulting services to a wide variety of sectors which
include, but are not limited to:

  • Financial Institutions
  • Oil & Gas and Energy
  • Manufacturing & Service
  • Aviation
  • Insurance
  • Professional Services
  • Educational Institutions
  • Construction & Engineering
  • Real Estate & Property Management

Contact us to learn more about our Phased Risk Management & Insurance Review and/or to arrange a
meeting to discuss your organization's current situation.
                       
              phased risk management & insurance review
jb bulletin board
Property Risk Analysis
Report:
jb risk can conduct a property loss
prevention analysis to gather
information about your business
facility's operations, general
construction, hazards, occupancy,
protection and exposures. We assess
your current loss prevention and
control practices and provide
recommendations for improvement
to reduce your overall exposure to
property and business interruption
loss.
Directors & Officers
(D&O) Liability 101
Are you aware of all the risks
associated with being a director
and/or officer of an organization?
Our Professional Liability Practice
group provides expert advice in
guiding you through the unique
exposures faced by corporate directors
and officers.  More...
Our Risk Audit
Our risk audit is the basis of jb risk's
involvement for the majority of our risk
management consulting assignments
and includes a comprehensive review
of our client's business(es), the risks
involved and the manner in which
those risks are treated. A risk audit is
as non-invasive and collaborative as
possible and incorporates ongoing
reporting during the process.

To find  out more about what an audit
typically involves click here.
Phase Level:
Risk Management Services Provided:
Phase I - Primary Review
 Risk Analysis and Insurance Policy Audit:
  • A review of the current insurance policies in place
  • What is your organization's exposure to loss and how
    has it been treated?
  • How does your insurance coverage respond?
  • Does it fit your risk exposure?
  • A general review to identify risks that have not been transferred
  • Are there overlaps or gaps in your current coverage?
  • Are you purchasing too much? Too little?
  • Rate risk exposures and current insurance coverage (critical,
    high, moderate, normal, minimal)
  • Benchmark property and business interruption values,
    insurance limits as well as deductibles and/or Self Insured
    Retentions (SIR's)
Phase II - Intermediate
Review
  • Claims analysis
  • Provide commentary on loss control, risk control, safety,
    security and internal policy practices (may require staff and
    management interviews)
  • Review adequacy of Business Continuity Planning (BCP)
    practices and policies
Phase III - Detailed
Review
  • Expansion of all the above and provide a more extensive
    analysis complete with recommendations
  • Review and advise on special risk exposures including, but not
    limited to:
  • Directors & Officers Liability
  • Employment Practices Liability
  • Errors & Omissions
  • Aviation
  • Environmental/Product Liability
Phase IV - Specialized
Services
  • Enterprise Wide Risk Management (EWRM)
  • Business Continuity Planning (BCP)
  • Crisis Management
  • Disaster Planning
  • Contractual Risk Management Strategy
  • Staff Training Opportunities and Manuals
  • Claims Testing
  • Certificate of Insurance Management
  • Expert Opinions and Services from our partners which include:
  • Adjusters
  • Lawyers
  • Professional Property Appraisers
  • Loss Prevention/Risk Control Experts
  • Environmental Consultants
  • Security Consultants
  • Forensic Accountants
Phase V - Outsourced
Contract Risk
Management Services:
  • Hourly Rate
  • Senior Consultant
  • Consultant
Professional, independent, outsourced risk management and insurance solutions.