A major concern for you as a business owner or executive is how to protect the assets of the company against unforeseeable events that may have a significant, negative effect on earnings. Executives are often hesitant to rely on insurance carriers or brokers/agents for honest advice and information needed to source and execute protective measures. But where can you obtain unbiased, independent data and advice? Where is the independent source with impeccable credentials? HRedge Solutions gives you that independent source, plus strength and credibility.
HRedge Solutions' risk management review services provide an independent assessment of the effectiveness of existing risk management programs and functions. Reviews include an evaluation of the internal risk management function, as well as an examination of external vendors/brokers, insurance companies and third-party administrator (TPA) services. HRedge, in collaboration with our strategic partner(s), will look for coverage gaps, coverage duplications and cost efficiencies. The result is a set of recommendations to ensure that your corporate risk management programs are up to standard benchmarks and best practices.
Thorough risk management reviews are vital to keeping your risk management function in pace with corporate and marketplace changes. In fact, we recommend a risk management review every three years. These periodic check-ups often uncover both current and future risk management needs.
So, why would you consider outsourcing your risk management function to HRedge Soutions?
Because it is critical. Unprotected exposures can significantly damage your earnings and profits. Yet, funding a full risk management department can be very expensive.
HRedge Solutions provides companies with a cost-effective alternative to hiring a full-time staff to administer, plan or manage specific programs in-house. We are flexible and can assist in whatever capacity the situation demands. We also can provide specific expertise in particular exposures, regions or types of programs. If needed, we can perform the entire risk management function.
HRedge Solutions’ Risk Management Services
- Risk exposure analysis
- Management reporting
- Claim reserve analysis
- Broker "conceptual" selection
- Coordination with staff
- Claims system management
- Worker’s compensation claim Management
- Worker’s compensation education
- Unemployment claims management
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- Program design & implementation
- Cost control
- Business risk consulting
- Property loss prevention & management
- Casualty loss prevention & management
- Professional & general liability claim management
- Accident investigation coordination
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HRedge will approach your business with experience as consultants and risk managers. From single tasks to ongoing support, from simple workers' compensation plans to complex international or self-insurance issues, HRedge Solutions provides the targeted expertise that many organizations simply can't afford on staff.
Our services are not designed to replace insurance company inspections or internal activities of your company. They are designed to complement those activities and to make them more efficient. Our aim is to help you provide a safe workplace, protect corporate assets and to achieve these aims at the best possible cost.
To inquire about HRedge Solutions' risk management reveiw services, click here or call 913-859-9284.
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