Kite Services, L.P.

Risk management is often an additional "hat" that is worn by the business or employee benefits department. A coordinated risk management department should not only protect the
organization's assets but should also minimize the cost of risk.  We can act as your risk management department.

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• Analyze and review the insurance program and advise of any design changes needed.

  • Policy - Claims - Loss Prevention Review

 

• Assist with renewal of existing coverages and plans

  • Review coverage options

  • Prepare deductible/retention analysis

  • Help negotiate coverage modifications and/or options

 

• Design and prepare Request for Proposal (RFP) if necessary

  • Distribute RFP to the market place

  • Answer on-going questions presented by proposer

  • Analyze Proposals-Negotiate final offer if needed

  • Review long-term rate/service guarantees

 

• Assist with implementation of new or existing insurance plans

  • Set-up transition plan/timeline

  • Integrate assignments and responsibilities- staff/vendors

  • Review policies received compared to proposal

 

• Coordinate insurance providers

  • Set up quarterly/semi-annual claim review meeting

  • Review claims payments compared to coverage

  • Assist with pursing fraudulent claims

 

• Coordinate loss control efforts

  • Establish loss control training

  • Help wellness coordinator as needed

  • Analyze long-term safety and wellness goals

 

• Prepare Annual Risk Management Report

  • Compare actual performance with established standard

  • Analysis of loss prevention and loss control activities

  • Report of risk retention and transfer activities

  • Forecast future loss scenario

 

• Provide quarterly risk management update of activities