The key to success and long-term reduction in the cost of risk is a disciplined execution
of the fundamentals. At KMRD, we hold ourselves accountable by placing our service plans
and risk management initiatives in writing. You can monitor our progress throughout the
year via .
Sample Service Plan
Our service team meets weekly to make sure all of these things get done on a timely basis. This
approach always yields more savings and value, which helps drive down the cost of insurance over
time and provides quality control measures.
By committing to our roles and responsibilities in writing, we facilitate greater transparency and a clear understanding
of who did what and when. We never over-promise and under-deliver.
Risk Management Support
The following is a list of the risk management services we provide:
Negotiating coverage and placing policies for all aspects of an organization
Contract reviews to assess assumed risks
Contractual risk transfer support
Thorough policy and endorsement reviews for quality control and accuracy
Establishing loss control initiatives and priorities through an "inside out"
risk review
Loss control and safety program development and implementation
Risk management initiatives tracking
Accrual management and support
Bid support
Allocation support by division, subsidiary, entity, etc.
Loss sensitive plan adjustment forecasting and reviews
Coordination of claims strategy review meetings
Period-to-period reserve analysis
Reserve reviews prior to submission of losses to the Workers Compensation Bureau
Review and recommendation of other insurance products and coverages
Safety management support
We are not just your broker; consider KMRD an extension of your management team.
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