Don’t Ignore Financial Leakage in 2022

One of the most overlooked and IMPORTANT ways to improve your business model is by quantifying and attacking the Financial Leakage that currently exists on your financial statement. All organizations: large, medium, or small (for-profit or non-profit), suffer from the slow burn of unaddressed Financial Leakage.

In fact, you may be paying 30 - 50%* more for your Risk Management program than you expected to in your budgeting forecasts.

Unfortunately, each time a claim event ripples through your organization, Financial Leakage manifests as “frictional costs” or “hidden costs” via lost productivity, reputational damage, or business disruption.

Here are 3 Steps you can take to mitigate the damage:

  1. Analyze your current Risk Management program and identify areas where Financial Leakage is eroding your financial statement. We can help you do this if your existing broker is unable to or unwilling.
  2. Create an executable action plan with specialty resources to “plug the holes” and address your financial erosion over time. Again, we’re happy to provide you with a complimentary assessment.
  3. Monitor your Financial Leakage and Total Cost of Risk to ensure that the programs you’re implementing are doing the right thing. For example, we provide our clients with an annual scorecard so they can see the results of our efforts on their behalf as it relates to EBITDA improvement and more. This scorecard gives them much better insight to strengthen their financial decision-making.

The Bottom Line: You can’t grow the way you want to grow as you experience missed opportunities and lost profitability because of your Financial Leakage.

Do you want to operate at your maximum efficiency and potential? Are you curious to know more about your Financial Leakage? Would you like us to help you quantify areas where you can improve? We’re happy to assist.

As Analytic Brokers, we have the tools, insight, and analytics needed to quantify and address your Financial Leakage.

As Analytic Brokers, we have the tools, insight, and analytics needed to quantify and address your Financial Leakage. Please contact us for a complimentary Financial Leakage Assessment to see what we can do for you. You might be surprised to see how much additional capital you’re currently leaving on the table.

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