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Risk Management Process

    The RMP is a four-step process used by BKCW to identify, understand, implement and monitor risk management strategies for you and your business. Here, we briefly examine those four steps.

    Identify Exposures

    During this crucial initial phase, we invest the time to understand every facet of your business in order to help you and your team identify the risks that face your business. We assure that your assets receive precisely the right type of protection.

    EXPOSURES BKCW LOOKS FOR

    Tour of Facilities

    Employee Interviews

    Wellness Survey

    Claims/Utilization Analysis

    Risk Management/Safety

    And More…

    Develop Strategies to Handle Risk

    Once we have developed a thorough understanding of your business, including your industry, corporate culture and operating procedures, we move beyond insurance, exploring a spectrum of proven alternative strategies to minimize risk and reduce insurance costs.

    WHICH STRATEGIES BKCW CREATES

    Risk Minimization

    Contractual Transfer of Risk

    Wellness Survey

    Retention of Risk

    Policies/Procedures and Controls

    Insurance

    Implement Programs

    During the implementation process, we put in place specially tailored programs and strategies designed to protect your assets while reducing insurance costs. A strong belief in our process motivates underwriters to offer much lower insurance costs on your behalf.

    WHAT BKCW IMPLEMENTS

    Action Plans

    Tailored Programs

    Marketing

    Insurance

    Claims Management

    Results Oriented Strategies

    Monitor Plan

    You and your business are dynamic – what works for you today might not work as well tomorrow.

    WHAT BKCW MONITORS

    Legislative Updates

    Claims Reviews

    Employee Benefits Service Plans

    Pre-renewal Strategy Sessions

    HR & Employment Practices Audits

    Stewardship Review

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