RESULTS

Construction & Building Products Company Reduces TCOR by 30%

Services Provided
Risk Management

Industry
Construction

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A publicly owned construction & building products company needed help in building a risk management department. 

Risk International became its interim risk manager and facilitated its broker selection and overall program design.

The Stats

5,400 Employees

12 Months
Speed of Capture

$45+ Mil
Shareholder Value Creation

Engagement

  • • Engaged as interim Risk Manager
  • • Managed broker selection, program design, program placement
  • • Benchmarked Total Cost of Risk (TCOR) to peer group
  • • Created competitive tension and implemented best practices to optimize results

Premiums Lowered By $4.5 Million

  • 30% TCOR Reduction
  • Incumbent broker retained
  • Retained as the permanent outsourced risk management department

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