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Risk Management Process
Risk Management Strategies
Firstly, we will look to use strategies to reduce risks to your business that don’t cost you anything. These can include ensuring extra steps are taken in the day to day operations which will reduce the risk of claims arising or reduce insurance premiums.
Next, we will look at what insurance policies you currently have in place. We can talk through some of the finer details that will impact your business at claim time. As well as the appropriateness of these covers. We may recommend different insurance providers, different policies or additional policies where appropriate to help mitigate the risks that are concerning you. We will also use this step to go through what each policy covers and how it relates to your business.
We will also talk through some insurance management strategies. These can include monthly premiums, common renewal dates and grouped covers on single policies.