Risk Management
Helping our clients manage risk is not simply selling them an insurance policy. It requires carefully identifying risks, assessing the likelihood of loss from those risks, and then designing a comprehensive strategy that provides the best solution. In addition to procuring insurance coverage, this strategy includes implementing plans to reduce or avoid risk, transferring risk through alternative means, or developing funding strategies for self-insurance or risk retention.
As risk management specialists, Emerald Insurance Services can help design a strategy that is best for you. Our risk management process includes:
- Risk Identification: Determining and examining the potential sources of loss faced by individuals and businesses.
- Risk Analysis: Assessing the potential impact, in terms of economic loss, that those risks can have.
- Risk Control: Recommending action to take to minimize, at optimal cost, losses that may occur.
- Risk Finance: Helping clients acquire funds, at the optimal cost, to pay for lossess that do occur.
- Risk Administration: Helping clients implement and monitor risk management policies and procedures.
Emerald Insurance Services
12855 S. Cicero Avenue
Alsip, IL 60803
Phone: 708-272-4500
Fax: 708-272-4545