Risk managers face the difficult task of minimizing
their companies’ cost of risk, which includes administrative
and risk control expenses, retained losses and insurance
premiums. At Wortham, we proactively support our clients’ business
goals in numerous ways including analyzing your retained
losses and developing loss forecasts—all with a
sharp focus on achieving the lowest cost of risk. We also
drive down your cost of risk by counseling clients on
strategies to minimize collateral requirements and other
ancillary expenses.
Our risk management consultation services extend to contract
review and risk transfer recommendations. The structure
of these contracts—both insurance and indemnity—affects
the design and viability of clients’ insurance programs.
The Wortham team thoroughly reviews each contract for the
extent of indemnity wording and insurance requirements
to ensure better protection for our clients.
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