As your virtual risk manager on an interim or permanent basis , Cardinal will be a key contributor on your management team. We tailor our services to your needs and provide any or all of the following Risk Management functions.

• Develop strategic risk management plans
• Identify and measure exposures to loss
• Assess the ability of the existing risk management programs to effectively respond to exposures, and recommend improvements where possible
• Perform insurance and risk management due diligence reviews for mergers and acquisitions
• Develop a Risk Management Policy Statement and
  Management Manual
• Prepare insurance applications and underwriting submissions
• Evaluate risk financing alternatives
• Check accuracy of insurance policies and process
  premium payments
• Coordinate audits
• Prepare annual insurance and risk management budget
• Review insurance wording in leases, purchase orders, and other legal documents to evaluate appropriateness of wording and assure compliance
• Establish a system for tracking of insurance certificates required of vendors and contractors
• Develop and retain vital information concerning Risk Management programs
• Develop and maintain historical exposure information
• Evaluate adequacy and efficiency of claims reporting procedures
• Assist in reviewing losses to identify claims trends and provide recommendations for improvement
• Monitor large loss activity
• Assist in the effective resolution of open claims
• Review or establish formalized claims service processes with insurer/broker
• Review safety policy and loss control program
• Monitor and direct services provided by insurance carriers and brokers