Loss Mitigation and Cost Reduction
Two connected pieces of work: solutions that help a business absorb initial losses, and a reduction in what insurance costs it — achieved by correcting the structure rather than by cutting the cover.
What the study covers
- Solutions to absorb and contain initial losses before they escalate
- Loss-control measures that change what the market will charge
- Identifying cover paid for twice across overlapping policies
- Removing limits bought against exposures the business no longer carries
- Deductible levels set where the saving is worth the retention
- A rebased programme cost, with the reasoning for each change
Who this is for
Organisations whose insurance spend has grown by accretion, and those carrying a loss history the market is now pricing against them.
Not sure which service applies?
Describe the situation in a few lines. We will tell you what would need examining and what the study would cost.
Other services
Tell us what you need looked at.
Send us the outline — the policies you hold, the exposure you are unsure about, or the claim that has stalled. We will tell you what the study would cover and what it would cost.