Your own Risk Manager. All the big boys have their own Insurance Managers. Why? Because it works. We're not decrying the benefits of having a good insurance broker (after all we are one) but then neither are those organizations that have their own insurance and risk management people. It just seems sensible to have someone on board that understands risk and the insurance market to ensure they get the best out of their risk management program.

Here is a partial list of the insurance management services we provide:

• Review all policies, binders, endorsements, invoices, loss reserves, retrospective rating adjustments and dividend calculations, workers compensation experience modification calculation, workers compensation code classification and correspondence to verify accuracy and appropriateness.
  
  
• Market the insurance program according to the strategic risk management plan that we create for you. This includes development of custom specifications, insurance company and broker selection, analysis of proposals, negotiation, and our recommendation.
  
  
• Coordinate insurance policy audits. We will verify results, including payrolls, receipts and classifications prior to approving final audit.
  
  
• Manage exposure and policy changes by dealing with the insurance agent of record to verify that coverage is bound as requested and to track all policy changes until the change is endorsed to the policy.
  

• Implement a system for obtaining and monitoring certificates of insurance.
  
  
• Prepare insurance budget projections.

• Prepare premium allocations.
  
  
• Negotiate insurance renewal policy terms and services with selected broker. All renewal policy forms will be compared with the previous year's policy forms. We will dispute any reductions in coverage that were not noted in the renewal proposal. Any proposed new coverages and their importance will be explained. We will make sure the renewal policy premium rates are the same as those included in the renewal proposal.
  
  
• Maintain all insurance contracts, records and supporting documentation.
  
  
• Review insurance markets available on an on-going basis.
  
  
• Maintain exposure data including property values, automobiles, revenues, payrolls and claim history.