The Risk Reduction Approach: Discovery The Risk Assessment

The purpose of The Risk Reduction Approach™ is two-fold:

1. Control your total cost of risk
2. Look more attractive to the insurance marketplace.

The first step is the risk assessment. Both parties sign a non-disclosure agreement and then complete the risk assessment, either:

We recommend the first option which more accurately uncovers areas of concern where we can help.

Recommended risk-related documents to review include:

• Current dated Insurance Contracts and Policies
• Loss Run Information if available
• Certificate of Insurance Logs
• Employee benefits insurance summary (health, dental, life, disability, 401k, HSA)
• Property appraisals (if any)
• Personal Insurance Policies (if applicable)

• Standard Client Contracts
• Vendor Contracts
• Hold harmless, indemnification, exculpatory, waiver of subrogation, limit of liability agreements
• Premise leases
• Equipment leases if any

• Safety Manual
• OSHA 300 Logs
• Employee Manual
• Disaster Recovery Manual

• List of items you know need to be addressed
• Other risk and safety related documents or notes