Mission Statement and Range of
Services
North Shore Risk sees Risk, Insurance and Claims consulting in today’s
business environment as a multi-faceted yet integrated process. This
requires consultants who are students and practitioners of the many
components of risk that comprise the complete financial landscape that
confronts today’s business. Our range of services and methodologies
apply equally as well to the small business owner seeking comprehensive
yet cost-effective programs to minimize risk as it does to the large
multi-location business enterprise with complex risk positions and financial
risk. We also provide valuable services to the insurers who provide
the insurance products needed by these businesses.
It is our mission to provide thorough, professional analysis of business
issues, provide real-world recommendations to solve those issues and
see the process through to final implementation and assessment. Through
our internal consultants or our national network of like-minded professionals,
we are capable of providing comprehensive evaluations and recommendations
to our clients and back those recommendations up with real-life solutions
in the insurance marketplace. Professional issue resolution, on terms
that are satisfactory for the client and within budget, is our goal;
integrity and knowledge are our tools.
Our range of services includes, but is not limited to, the following:
- Comprehensive All-Lines Risk Analysis, with emphasis on identifying
risks and matching risk financing options to minimize financial risk
to the organization;
-
Claims Auditing services, to evaluate the proficiency of Third Party
Administrators (TPAs) and insurance companies in handling your claims
and seeking available recoveries or subrogation opportunities, Managed
Care efficiencies and Organizational Effectiveness in general;
-
Loss Control inspections designed to minimize the risk of accidents
or work-related incidents;
-
Premium Audits and other cost containment services
-
Self-Insured Retention Analysis to develop the optimal level of retention
of losses consistent with the organization’s financial plan;
-
Assistance in the development of Requests for Proposal and the evaluation
of submissions from responders in insurance related topics;
-
Assistance in the identification and selection of insurance brokers/agents,
insurance companies and Third Party claims administrators;
-
Development of and the implementation of performance metrics in the
workplace to minimize employee injuries, as well as the development
of performance measurements to evaluate the performance of the organization
and the entities they hire to handles claims efficiently and fairly;
-
Provide Business Continuity Planning expertise, especially in the area
of Business Impact Analysis, development of restoration priority and
assistance in planning appropriate response procedures to a protracted
business interruption.
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