Enterprise Risk Management – What is your total cost of risk?
Enterprise Risk Management – What is your total cost of risk?
At our website www.oneminutefromnormal.com we ask visitors the question: What if an unscheduled event suddenly seizes control of your business? Are you ready?
When asked about their most pressing environmental, health and safety issues, safety professionals listed managing the total cost of risk as the top response at 72%, followed by regulatory compliance at 58%, and results tracking at 44%, (source: Aon Global Risk Consulting.)
When asked how important it is to have a comprehensive understanding of their organization’s total cost of risk, 70% said it was extremely important and 20% said it was moderately important.
For more than 10 years, KMRD has been protecting clients’ assets while reducing their total cost of risk, all while providing a better understanding of their risk management program. Although the cost of risk concept, which focuses on insurance, risk transfer, claims management, and loss prevention, is not unique, working with a capable, technically oriented professional to execute a carefully considered plan is unique.
To learn more about KMRD’s proven diagnostic process, which is supported by a unique collaborative technology, please contact a KMRD relationship manager. The result can be a greater value for the insurance dollars your company spends.
KMRD reduces the overall cost of risk for clients by producing a greater value for each commercial insurance dollar spent, while utilizing an enterprise risk management approach to engineer the optimal solution. The firm’s diagnostic process is supported by its unique collaborative technology, KMRD XChange ®.
We are dedicated to anticipating risk and helping firms recover from unplanned events that wait on the other side of one minute from normal.
To identify and correct coverage and service gaps in your business insurance risk profiles contact us at contactus@kmrdpartners.com before one minute from normal strikes.
Need to deliver better risk management results for your company? Schedule a brief demo of our risk management system, KMRD XChange ®..
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Need to deliver better risk management results for your company? Schedule a brief demo of our risk management system, KMRD XChange.
