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Risk Management/Loss Control
- Develop a firm practice policy to identify risk
allocated with operations/entities, and trade styles.
- Selection of appropriate coverage forms.
- Provide information on market conditions and
substantive issues that may affect costs.
- Recommend and implement Risk Management Procedures
to reduce exposure and affect premium discounts.
- Identify insurance requirements in your contracts
for design services and communicate compliance on your behalf.
- Provide Certificates of Insurance or other confirmation
of coverage to appropriate parties
- Arrange Premium Financing Plans to facilitate
cash flow.
- Coordinate claim reporting, and monitor status
through resolution.
- Negotiate favorable terms, conditions and pricing
through effective communications and with underwriters.
- Review your contract for liability implications
and identify areas of potential problems.
- Coordinate and Implement Loss Prevention and
Quality Assurance activities. This service may include a full
day in-house seminar conducted by the Program Administrator's
attorney.
- Provide an information resource for all liability
related matters
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