SRMC - WHAT RISK MANAGEMENT CONSULTANTS DO

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WHAT RISK MANAGEMENT CONSULTANTS DO

EXPOSURE ANALYSIS

Risk Management Consultants examine an organization to identify and quantify what it does, what it stands to lose in case of loss, and what is needed to protect its assets and earnings.

EVALUATION AND RECOMMENDATIONS

Risk Management Consultants review an organization's insurance and risk management programs and make recommendations regarding coverage improvements, administration, loss control and financing mechanisms.

MANAGE MARKETING AND SELECTION

Risk Management Consultants develop specifications for marketing an insurance program and risk-related services. They manage the marketing process, evaluate proposals, and make recommendations on program selection and service providers.

CONTINUING COUNSEL

Risk Management Consultants provide ongoing risk management consulting services and may also serve as an outsourced risk management department.

SPECIALIZED SERVICES

Some Risk Management Consultants specialize in claims audits, claim reviews, safety programs, serving as expert witnesses, litigation support, evaluation of third party administrators, captive feasibility studies, captive management, self-insurance analysis, risk financing, loss adjustment assistance, broker selection, broker review, agent selection, agent review, disaster planning, employee benefits, and providing evaluations of potential risk and losses to bankers, lawyers, accountants and others.


	The Difference Between a Consultant and an Agent/Broker What Risk Management Consultants Do How Risk Management Consultants Work Knowing When You Need a Risk Management Consultant Understanding What You Can Expect From a Member of the Society of Risk Management Consultants

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