The Total Risk Approach summarizes our philosophy on Risk Management. One way we holistically manage risk is by following a defined results-driven Risk Management Process. This process is four steps and is designed to continually improve the company’s Risk Management practices.
The
Problem:
The total cost of risk is greater than the cost of insurance or the cost of individual claims. Indirect costs include the cost to replace a valuable employee, time spent handling complicated claims, lower productivity when staff are out due to injury, etc.
The
Solution:
Cavignac has invested in a team of Risk Control experts to help your organizations consider everything that can be done from a Human Resources, Safety, Claims Management, Contractual Risk Transfer, and Financial Risk Management perspective.
The Risk Control Team consists of six highly dedicated and educated individuals with extensive background and experience in their respective fields, each of whom have an integral role in our clients’ success. The team is committed to helping companies build a best-in-class organization, become an employer of choice, lower the frequency and severity of their losses, and drive dollars to their bottom line.
Each client engagement begins with a Risk Control Needs Assessment during which our Risk Advisors meet with your team to learn how you are currently managing your risks in the areas of Human Resources, Safety, Claims Management, Contractual Risk Transfer, and Financial Risk Management.
After we meet, we will design a customized Schedule of Service designed to meet your specific needs from a compliance and Best Practices standpoint. At the end of each term we will hold a Stewardship and Annual Planning meeting to discuss our mutual results and plan for the next term. Some of the Customized Services we can provide are: