Property and Casualty Risk Management

While totally avoiding risk entirely is impossible, being prepared to proactively address it can significantly reduce adverse and costly consequences, while providing peace of mind.

FCCS offers a variety of risk management, insurance programs, claims and loss control solutions to ensure our clients are as prepared as possible. We have deep experience working with clients in a myriad of industries, including financial services firms, agricultural cooperatives, municipalities and educational institutions.

We offer:

Risk Assessments
Loss Prevention Program Development and Consulting
Contingency Plan Development and Testing

Read more about these services below.

Risk Assessments

FCCS has the ability to conduct a variety of risk management assessments to minimize the adverse effects of losses. We can review all types of financial and operational risks. Examples include contract reviews, operational reviews, fire prevention, unsafe work conditions or practices, fleet management and maintenance, coverage reviews, and hazards related to storage or use of materials and equipment.

Provided below is a sample list of analytical risk activities we perform when assessing risk:

Review contracts and leases, to ensure they include the most appropriate insurance provisions.
Review company policies and procedures.
Assist with establishing and maintaining consistent and effective accident investigations.
Review claims frequency and severity to identify adverse trends and recommend appropriate action plans in developing and refreshing loss control program.
Specific to Workers Compensation, review work-related injury and illness, including return-to-work programs.
Develop and test comprehensive business continuity, disaster response and recovery plans.
Assist with regulatory compliance (i.e., Occupational Safety & Health Administration (OSHA) standards, Environmental Protection Agency (EPA) and/or Department of Transportation (DOT) requirements and compliance with Americans with Disabilities Act (ADA) and other labor laws.
Insurance coverage reviews
Review and/or establish a Lender Liability action checklist (for lending programs).

Loss Prevention Program Development and Consulting

To assist clients in reducing losses and better controlling related costs, we can provide our insight and experience in addressing and establishing loss prevention programs. Good loss control programs encompass both the physical and human aspects of managing risk. They should address workplace safety, property conservation and public safety stemming from your premises, operations or vehicles. An effective loss control program addresses more than regulatory compliance. It also includes analyzing potential exposures such as:

Slip and Fall Accidents
Workers Compensation Claim Administration
Audits, Fraud and Internal Controls
Employment Practices Loss Control
Workplace Violence Loss Control
Telecommuting Programs
Ergonomics Program
Mobile Technology Usage
Travel Safety Guidelines
Professional Liability Risk Mitigation
Lease Agreements
Lenders Single Interest Exposures and Due Diligence, including RESPA
Pollution and Remediation Legal Liability Loss Control
Fire Extinguisher Usage
Construction and Service Contracts
Temporary Employment and Independent Contractor Agreements
Non-Owned Aircraft Guidelines, including drones
Analyzing Equipment and Automobile Leases
Auto Fleet Safety Program
Water Intrusion

Contingency Plan Development and Testing

The proverb ‘he who fails to plan, plans to fail’ is quite applicable when it comes to contingency plan development and testing. A fully developed and tested contingency plan is an essential element of developing, monitoring and analyzing risk management programs.

When establishing contingency plans, an organizing should be asking these questions:

Are you prepared to protect employees?
Safeguard market share?
Maintain and retain brand reputation?
Protect vital records; and
Restore operations in the shortest timeframe possible?

Let us help you develop and test your plan.