ACO Process
Our signature risk management process, improves the overall risk profiles for ACO clientele. The six-step process identifies and analyzes risk exposures, implements and monitors client-centric plans, and measures results for improvement and repeated success.
Infinity
Signature Risk Management Process
We work in unison with our clients and with Infinity® we can achieve our clients' objectives, including but not limited to strategic marketing, targeted loss control, claims reduction, improved coverage terms and total cost of risk reduction.
ASK ABOUT OUR NO-CHARGE POLICY AUDITS.
WHAT MATTERS TO YOU, MATTERS TO US.
TYPICAL PREMIUM REDUCTION OF 25%.
-
Business Objectives & Operations
-
Risk Exposures & Tolerances
-
Potential Industry-Specific Solutions
-
Determine next steps
[ PHASE I ]
-
Company Specific Data (e.g. claims)
-
Deep Dive into Operational Risks
-
This step includes, but is not limited to Coverage Audits, Claims Audits, Contract Reviews, Feasibility Studies, and Benchmarking
-
Coverage Audits include 100+ point stress test across all coverage parts (e.g. Auto, Umbrella, Property, General Liability, Workers' Comp., Cyber, D&O, etc.) to check for vulnerabilities
[ PHASE II ]
-
Present Analysis to Decision-Makers
-
Support Solution Selections
-
Finalize Broker Appointment
-
Initiate Action Plan
-
Solutions are quantified by: exposure reduction and/or premium reduction.
[ PHASE III ]
-
Action Plan Progress
-
Risk Exposure Changes
We maximize our client's profitability through structured monitoring schedules, client review meetings, carrier-partner engagement, claims advocacy and other risk management services.
[ PHASE IV ]
-
Claims Frequency Reduction
-
Claims Severity Reduction
-
Premium Reductions
-
Cultural Shifts
-
Additional Activities
We develop timelines, with our clients, that deliver measurable results for the Action Plan review process.
[ PHASE V ]
-
Analyze Data
-
Adjust for Efficiency
As our clients’ businesses grow and develop so does their Action Plans and our mutual success.
[ VI ]