Pop Quiz: What is the most important reason for adopting and monitoring a solid, results-driven risk management program?
Answer: The large amount of profits and capital available to recapture inside of your business organization.
And, by the way, this amount goes far beyond the cost of the insurance program.
To gain valuable insight, you should ask your current insurance broker: “How far beyond the insurance program do these costs go?” AND “What is the ROI of our current risk management investment in reducing them?”
If you are like most businesses, the ballpark figure for additional costs are between 30% and 60% on top of your insurance costs. This financial leakage is sunk money that can only be recaptured by a top flight Risk Management program.
To maximize your capital in 2019, you need to know what you’re leaving on the table. Our firm has the tools and expertise needed to help you do that.
In fact, not only will we help you measure the controllable leakage inside your cost structure, we will demonstrate exactly how much profit and capital you can recapture by implementing a solid, results-driven risk management program. Let’s get started today!
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