Our approach is to always challenge and continue to improve risk management programs; we always look at how processes can be more efficient and effective and then create solutions to meet business needs. Organizations with clear strategies must constantly monitor business challenges, emerging issues and determine what assets you should protect.
SMW Risk can serve as outsourced risk management team on a temporary or long-term basis. We will focus on providing risk management that covers the liabilities of your operation while navigating costs related challenges. We will also provide advisement that assists you in projecting what future risks your company may face as it grows and how to best avoid or navigate them once they emerge.
Whether it’s a mandatory or elective insurance program, the process of selecting the right one for your organization has immediate and long-term results. Advising on program structures, coverage enhancements, pricing, claims management and carrier selection are some of our any offerings.
Cybersecurity has quickly become one of the most important areas of risk for any business leveraging technology for business processes. Partnered with comprehensive insurance policies, cyber risk mitigation should be highly prioritized in data-driven environments of today.
Brokers are an extension of your risk management department and are a key resource for effective risk management. They determine your access to best in class coverage, competitive pricing, customized data analytics and updates about trends in the marketplace. Partnerships should be chosen wisely and selected based on criteria that best represents your values as well as industry standards.
Partnered with comprehensive insurance policies, risk mitigation is the key for creating an effective risk management program. We create customized strategies designed to reduce both the frequency and cost of retained risks. Our services include but are not limited to peer reviews of mitigation programs, designing customized loss prevention and more.
Leveraging our 30 years of experience strategically managing risks for corporations, SMW Risk executes projects to build enhance strategic risk management programs. Our diverse capabilities allow us to improve metrics and KPI’s that matter to your operational teams and shareholders via strategic cost-savings, improved forecasting, and liability mitigation.
We have a track record of negotiating the most competitive pricing available year over year evidenced by benchmark data provided by brokers and working with corporations’ legal counsel to craft manuscript language with underwriters.
Risk exposures are constantly evolving. We take a holistic approach to identify, assess and suggest solutions to manage risks faced by organizations today and emerging issues such as cybersecurity risk management.
Growth is the goal of all businesses, whether it’s organic or through strategic planning. During the process of acquiring or merging with a company, you must assess the new risk exposures, liability, and indemnification contract language and more. Our mergers and acquisitions due diligence service is time-tested and spans from the deal’s evaluation to its closing.
A Captive is an insurance vehicle that can provide financial and operational benefits. We’ve established a Captive from scratch; building a business case to running it for over 15 years. We are able to assist with establishing a business case, conducting a feasibility study, determining service providers, selecting product lines and determining how much money to allocate.
We partner with companies to understand their risk exposures and tolerance; then utilize our deep technical skills within Enterprise Risk Management, Crisis Management, Claims Adjusting, Loss Prevention to achieve their goals.