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Risk
Management Services Who
provides loss control and risk assessment services? Who provides education and training? Who monitors performance? Who creates and provides management
reports? Successful RRG or Group
Captives have long recognized that these activities, along with; (1) direct
claims settlement involvement, and (2) good pre-selection of risk, are the
keys to long-term success. These
services are paid for separately.
Again, what is the extent and quality of these services? The cost may equal 2% of the Premium. There may also be a required separate
charge to specific individual insured’s that may require special services. Risk
Management and Claims Management may be a combined IN HOUSE managed program
for smaller geographical centered industry groups. |
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F. Darrell Lindsey State Approved Captive/RRG Manager |
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BACK – USE ARROW TO PRINT USE PRINT PREVIEW |
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