We evaluate exposures and examine risk and insurance programs to determine whether assets are adequately and cost-effectively protected.

You receive assurance that your risk management and insurance program is up to current standards.

The scope of services involved with a Program Audit typically includes:

  • Identification, prioritization and quantification of exposures to loss. This step typically involves onsite meetings with key personnel to discuss operations, review of pertinent business contracts, and evaluation of prior loss experience.
  • Program review to identify potential duplications or gaps in coverage.
  • Evaluation of the appropriateness of coverage limits.
  • Confirmation of reasonableness of pricing and retentions.
  • Recommendations for improvement on insurance policy language and/or improvement of risk management policies and procedures.
  • Preparation and presentation of educational material for management or boards.

Our diverse staff's expertise includes but is not limited to the following exposure and coverage areas:

  • Property including Business Interruption, Boiler and Machinery Breakdown, and Transit/Cargo
  • Casualty including Workers' Compensation, Automobile and General Liability
  • Public and Private Company Directors' and Officers' Liability including Public Officials' and General Partners' Liability
  • Cyber including Breach Response, Cyber Liability and Cyber-related Business Interruption
  • Other Corporate coverage such as Employment Practices Liability, Crime, Fiduciary, K&R
  • Professional Liability including various forms of Errors and Omissions Liability
  • Pollution including Environmental Impairment Liability and Remediation Expenses
  • Global Placements of all the above