A growing number of companies are realizing significant savings through the creation of self-insurance plans, which allow a business to lower ongoing premium expenditures and take control of low-level risks within the organization. Risk International Actuarial Consulting can assist in the cost-effective creation and management of such a program, helping clients determine if self-insured plans make sense for them, as well as identify what types of risk can be self-insured and to what degree. We can also provide a retention analysis which will show the amount of risk that your company should retain and an annual reserve analysis to ensure that your company is properly reserved for future claims.
Our Programs & Services
What We Do
Our job is to make sure your business is adequately protected and that you fully understand the cost of that protection. Losses can come from any number of directions and impact your bottom line in more ways than you may like to admit. Losses sustained as a result of your company not being able to produce income are typically covered by property insurance. Casualty insurance, on the other hand, is designed to protect you from legal liability and losses caused by injury to other people and their properties. This includes workers compensation coverage.
We offer a broad service offering designed to assist a wide array of clients in implementing and managing successful risk management/insurance programs. Consider the many ways that our insightful analyses could benefit your company or organization.
Captive Insurance Programs & Risk Retention Groups
We help clients efficiently manage and finance their exposures by establishing Captive Insurance Programs and Risk Retention Groups.