Case Studies
Problem: Business Exposures have grown beyond the current reach of the now-antiquated Program, Carrier, and Agent expertise; but the Agent is on the Board and is a great person
Long Range Solutions: Contracted Acting Risk Manager can interview the current Agent practices and audit the current Program. Current Program can be fixed or an RFP commenced all based on business need, culture, client base, sector and risk pools. Process is facilitated in order to marry up the client with the right Agency or Broker and Carrier package solution. The Acting Risk Manager may or may not be then contracted for Tier 2 or Tier 3 support.
Contract: $8500.00 dollars
Big Enough to Eat an Small Enough to Starve
Problem: 200 or less Employee company with 12-50m in revenues who is big enough to play ball in bigger supply chains but still small enough to starve if their slim but growing margins are eaten up by fat overhead. These businesses are not going to pay six figures to a Risk Manager but sure do need one to stay safe and to grow bigger.
Long Range Solutions: Contracted Acting Risk Manager can administer all Insurance buying decisions, interact with the Broker service teams and can be the consultant working with other supply chain vendors and/or attorneys, CPAs and Brokers or Agents. Claims, Safety, Employment Practices, Insurance, Compliance, Risk Management, Work Comp RTW Programs, Environmental/OSHA Audits all become part of the Acting Risk Manager responsibilities
Tier 2 Contract: $15,000 – $25,000 dollars
Tier 3 Contract: $ 25,000 – $50,000 dollars
Suit Anyone
Problem: Employee Sues for Employment Practices Violation
Long Range Solutions: Employment Handbooks are audited and updated, Practices are updated, modified or stopped, Coverages are re visited with the Broker, Consultant leads Client discussions with Broker /Attorney/ Carrier
Contract: $2500.00 dollars
You want me to what
Problem: Entrepreneur is working with Investors to secure Funding Rounds. Some savvy Investors and Board Members are asking tough Insurance questions. The Entrepreneur is about selling and doing- not pontificating and administrating.
Long Range Solutions: Contracted Acting Risk Manager helps create Employment Handbooks, PC and Benefits Program Design is completed, C suite Risk Mitigation Strategy meetings take place Quarterly in high growth modes, Agency or Broker selection is administered and managed
Contract: $5000.00 dollars
Who’s on First while Confused is Rounding Home
Problem: Millions of people are turning 65 or have parents or clients or loved ones who are aging and trying desperately to keep up with all the changes in Elder and Long Term care. Navigating the Medicare, RX programs, Medigap, Long Term Care, Private Benefits, Tri Care, Medicaid and modern Health Care landscape is time consuming and frustrating. And there are all sorts of ancillary free and paid services meant to help Seniors but that many don’t even know exist. Delivery systems are bifurcated, geography matters, 800 numbers rule, websites are the wave and the volunteers kind enough to help are barely more than people themselves.
Long Range Solutions: Contracted Elder Insurance and EOB Case Managers are dedicated to the client situation and are Carrier/Plan agnostic. They are licensed but DO NOT sell. They can help Mom or Dad or Adult caregiver or Legal Counselor or POA with EOBs, Coverages, Regulations and selections. They can help with the Prescriptions, Coverage Selections, Plan Designs and Medicare or Long Term Care related choices that all come into play for our most heralded citizens. The Acting Case Manager can also help navigate co coverage situations like Workers Compensation, Medicaid and Disability.
Contract: $350. 00 min