Risk Management
Risk is inherent to business; the challenge for management is to decide how much uncertainty to accept as you strive to grow shareholder value.
For further information about our Risk Management Services please contact our team on:
Tel: 215 546 9660
Email: usmail@bartlettgroup.com
Risk Management & Insurance Framework.
Bartlett's Risk Management and Insurance Framework is a key tool to ensuring that your balance sheet is fully protected and shareholder value is maximized through an effective insurance and risk management program.
The Risk Management and Insurance Framework has three key components:
Risk Identification and Analysis
Every business faces a myriad of risks affecting different parts of the organization. Our model facilitates the identification and quantification of both insurable and non-insurable risks through a number of different mechanisms.
Insurance & Risk Program Design
Robust risk identification and analysis enables management to implement the most effective risk control techniques, enhancing capital allocation.
Risk control techniques employed by Bartlett include:
- Loss Prevention—e.g. implementing inspection and maintenance programs to prevent slips, trips and falls.
- Risk Reduction—e.g. advising on business continuity and disaster recovery planning to prevent minor issues becoming major problems.
- Risk Retention—Management considers the businesses' risk appetite in evaluating and developing mechanisms to manage related risks.
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Risk Transfer—ensuring that your balance sheet is protected through a comprehensive insurance program.
Monitor, Review, Consult and Update
We understand that your business is not static, but constantly changing. We work with you throughout the year to ensure that changing risk exposures are identified and understood, and that your insurance and risk management program is updated as appropriate.