Saturday, October 11, 2008 |
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TF Managed Risk ™ — The Process
In today's contentious legal and financial environment, exposure to loss
shadows almost every new service innovation, staffing solution or operational move. And as your business strategy evolves, so do the associated risks.
TF Managed Risk ™ is a rigorous process of identifying these industry-specific
exposures, evaluating their potential impact, and developing a range of effective programs and mechanisms to control and to finance your risk.
Simply put, it's a process of problem-solving – in advance – through adept program design, proactive claims management, and skilled benefit-plan administration. TF Managed Risk is more than a static hedge against loss. Our goal is to install a reliable and flexible basis for unhindered creativity in your decision-making and sustained profitability in your operations.
Using proprietary techniques, custom technologies and plenty of well-educated common sense, our approach typically includes:
- A thorough review of your business functions and an audit of all
relevant documents: leases, purchase orders, OSHA logs, financial statements and third-party arrangements
- Benchmarking your organization's risk costs against industry norms and the latest trends.
- Development of mutually accountable and measurable risk management goals.
- Comprehensive review of risk financing options – including loss sensitive plans, deductibles, self-insurance and captive programs.
- Development or augmentation of risk control programs.
- Consultative management of claims.
- Employee communications and safety programs.
- Implementation of appropriate training programs
- Proprietary risk management web-site development.
For more details on TF Managed Risk, please Contact Us.
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