Risk Management Services


Comprehensive solutions tailored to your organization’s specific needs
Core Services
Contract Review & Compliance
What you’ll receive
- Detailed red-lined documents highlighting potential contract modifications to align with your insurance coverage
- Guidance on negotiating insurance and indemnification provisions
- Expert analysis of contractual risk transfer mechanisms
Insurance Program Management
What you’ll receive:
- Comprehensive collection and validation of exposure data
- Expert preparation of submission materials for your broker
- Thorough analysis of quotes and coverage options
- Strategic recommendations for program structure
- Support during renewal meetings with brokers and carriers
- Coordination of insurance audits
Surety Bond Program Management
What you’ll receive:
- Review of bond obligations
- Assistance with completion of bond application
- Management of bond renewal process and evidence of continuity
- Support during bond claim situations
Claims Analysis & Loss Control
What you’ll receive
- Detailed analysis of claim trends and patterns
- Visual reporting of claim data with actionable insights
- Site assessments to identify potential hazards
- Targeted recommendations for risk mitigation
- Coordination with loss control professionals and safety inspectors
Business Continuity Planning
What you’ll receive
- Assessment of potential business interruption scenarios
- Documentation procedures for comprehensive loss reporting
- Guidance on insurance policy response for various loss scenarios
- Strategies for maintaining business operations during recovery
Risk Management Information Systems (RMIS) Support
What you’ll receive:
- Support with leading RMIS platforms including Origami Risk and Riskonnect
- Training on system functionality and reporting capabilities
- Development of customized reports and dashboards
- Strategies for leveraging data to inform risk management decisions
Risk Management Services
- Contract Review & Compliance
- Insurance Program Management
- Surety Bond Program Management
- Claims Analysis & Loss Control
- Business Continuity Planning
- Risk Management Information Systems (RMIS) Support
The Value of LC Risk Advisory’s Contract Review Services
Prevent Coverage Gaps
Reduce Litigation Risk
Control Insurance Costs
Streamline Negotiations
Improve Risk Transfer
Success Stories
“LC Risk Advisory clearly reviewed a contract from one of our outside vendors, which contained language regarding the ability to recover funds from a negligent party. They clearly explained the difference between rights of subrogation and overall rights of recovery. It helped us see what options we had in the event either us or our insurance carrier chose to go after the vendor for payment.”
– Company
Tucson, Arizona
“We were about to sign a municipal contract that included a requirement for a performance bond for an obligation term that extended three-years beyond our installation period. LC Risk Advisory helped us negotiate appropriate language that properly limited our bond term to the actual work period, saving us thousands in unnecessary bond premiums.”
– Company
Dallas, Texas
Ready to elevate your risk management strategy?
Contact us today for a consultation to discuss how we can help your organization effectively manage its risk portfolio.
