Risk Management Administration

Using the traditional methods of the Risk Management Process, we can customize an administration process to assist in bringing our clients’ cost of risk down. The administration process includes the four cornerstones of the Risk Management Process.

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Contract and Certificate of Insurance Management



Hicks Risk Consulting has one of the most comprehensive programs for insurance language in vendor/subcontractor contracts and leases.  We work with our clients to improve the insurance language in their contracts and certificate collection procedures. continued 

Insurance Policy Review and Analysis



Hicks Risk Consulting thoroughly reviews
and analyzes their client’s insurance policies. 
Once a thorough review is complete, we deliver the results of our
analysis with recommended changes depending on the client’s specific
needs.

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Safety Programs and Training

Hicks Risk Consulting Inc.  can assist companies in setting up an effective safety program.  We will customize a plan based on industry and also specific to the clients needs.  We can work with clients to build a safety program from the ground up, or review the current safety plan and suggest amendments accordingly.  Our safety program will be customized to our clients needs and is not a one size fits all off a shelf copy.  We will also provide safety training, based on loss trends, industry exposures and/or specific situations.

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Disaster Planning



 An estimated 25 percent of businesses do not reopen following a major disaster.

• Of those businesses that experience a disaster and have no emergency plan, 43 percent reopen; of those that do reopen, only 29 percent are still operating two years later.
  • 75% of companies without business continuity plans fail within three years of a disaster
  • Companies that aren’t able to resume operations within ten days (of a disaster hit) are not likely to survive.

There are risks involved in any business. We provide you with extensive advice on how to be prepared for any crisis, large or small.

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