LicataRisk The difference that matters
Licata Risk Management Consultants provide independent risk management and insurance consulting services. We are not brokers and we do not sell insurance. This is an important distinction. We are not committed to any insurance company or product in any way and do not receive commissions. When you work with us you will have a risk and insurance expert on your side in dealing with the complex insurance market.
The Risks Have Never Been Higher
There are risks that threaten you and your company everywhere — more so then ever before. Risk occurs from changes in your business, the market, the litigious business environment and the rise in the number of man-made and natural disasters. There is greater risk to you now from things like: data and IT security, terrorism, flood and wind from increased numbers and magnitudes of storms and hurricanes, risk from employees, risk to directors and officers, and more. You turn to insurance for protection, but how do you know for sure you are completely covered? When was the last time you had a third party independent expert audit your insurance programs? Who is truly on your side when dealing with the insurance market forces – insurance companies and brokers? LicataRisk helps companies and executives know for sure they are protected from risk while providing a proven return on investment. To understand how valuable a risk management and insurance consultant is to you and your company, you need to analyze how the insurance market works. See Risk Management – You Need It, and Your broker Isn’t Providing It
How We Work For You
LicataRisk works with clients from various industries ranging from global corporations to local entrepreneurial companies. It is typically the Owner/President, CFO or Risk Manager who brings us in to work as part of their team on a consulting basis. We work directly for you on a fixed fee contract assuring you that there is no conflict of interest and no surprises. This saves you time and money while you get sound strategies that will provide a significant positive impact on your business. Additionally, we’ll show you how to leverage your risk management program for competitive advantage
With a risk management and insurance consultant on your side, you can expect to reduce insurance costs while obtaining optimum coverage and protection for your company. When working with LicataRisk, you will be able to prove that you are paying the lowest insurance prices possible. You can also demonstrate to owners, executives and the board that you have secured the best protection for your company’s assets, revenue, executives and reputation. If you are personally responsible for managing risk and insurance, you will be able to show you have done your job with a proven return on investment year over year. Working with LicataRisk, you will get results that matter most.
The LicataRisk Management Process
We put pure competition to your advantage in the insurance process. This only happens when you have a risk management and insurance expert on your side who manages the competitive bid process for you and sets up true multi-broker competition. It starts with an analysis of your current insurance program where we carefully review all of the policy language. We scrutinize every word … because every word matters. One turn of a phrase can exclude coverage and wipe out broad swaths of protection for your assets, revenue, executives and reputation — coverage you thought you had in place. We then negotiate the right terms and conditions for you going forward, using the leverage of competition to achieve results; the same process is used to minimize cost of insurance.
Other aspects of risk management for our clients:
- Contract (non-insurance contract) Management
- Loss Control (prevention and minimization of losses)
- Claims Management
See Risk Services
Risk management StreetSmarts
Be smart – StreetSmart – in your dealings in risk and insurance. See Risk Management StreetSmarts for CEOs and CFOs