Corporate risk analysis
The Corporate risk analysis team identifies and quantifies business risks across the entire non-insurance enterprise to help management assess the consequences of retaining or releasing those risks. We can assist your company in developing a coordinated approach to manage your insurance, financial, credit, compliance, and other risks, by defining a common set of metrics to ensure that a rigorous, consistent risk management process is applied throughout the entire organization. Our solutions will lead to reduced costs, lower earnings volatility, and increased shareholder value, among other benefits. Our backgrounds in actuarial science, finance, claims, and risk management combine in a unique way the business acumen and analytical ability needed to analyze and value a vast array of risks, as well as the communication skills to convey the benefits and consequences of that analysis as it affects the key performance indicators for your company. Offerings include:
Analysis of existing/prospective costs
- Reduce future earnings shocks
- Strengthen negotiating position with insurers
- Evaluate financing of risks across the enterprise
- Establish internal monitoring reports
- Implement software based process
Financing of risk mitigation strategies
- Optimize shareholder value
- Identify opportunities to gain value from risk
- Incorporate strategic, operational, financial and hazard risks into one program
- Assess all risks
- Identify naturally occurring hedges between risks within the company
- Captive feasibility studies
Cost allocation
- Foster accountability
- Assess by operating unit performance
- Create a more equitable distribution of costs
- Create a more stable cost environment
- Logical and understandable
- Prompt fiscal balance within the company
Latent exposures
- Identify trends
- Quantify liability
- Set up processes to monitor and control costs
Integrated performance review
- Integrate risk and profitability measures across the enterprise
- Encourage strategic decision-making using value-based performance measurement
- Quantify value by modeling future outcomes
- Measure risk-adjusted return on capital
Transaction services
- Due diligence for mergers & acquisitions
- Financial reporting
- Captive and self-insurance regulatory reports