Loss Control & Risk Management Services
VERTEX helps identify exposures by evaluating risks associated with our clients’ projects, structures and business operations. Our risk engineers and loss control professionals offer extensive experience performing risk assessments and due diligence studies for construction, commercial, industrial and environmentally sensitive operations.
We work closely with insurance underwriting professionals and industry risk managers to provide them with the resources to effectively coordinate risk management strategies. From desktop document reviews to comprehensive on-site inspections, VERTEX offers value-added services to help insurance companies prevent losses and/or diminish exposures to both the insurance company and the insured — including construction contractors, building owners, industrial operations and material managers.
Depending on the perspective of the client, VERTEX will often prepare surveys that may include the following: a brief history of the company; hazard exposure analyses (i.e., material handling, ladders, mold-water intrusion, etc.); company-location specific exposure statistics; mitigation program evaluation.
Preparation is our forte. From simple broker/insured meet and greets; to detailed risk presentations; to litigation–expert witness support services, VERTEX will seek out client feedback to provide commensurate levels of effort/presentation.
By staying abreast of changing state/federal policies and statutes (as well as within Canada/Mexico), we are able to anticipate emerging risks and advise clients accordingly. An example would be our ongoing nationwide gasoline station/fuel storage regulation and compliance database that we maintain and provide to clients as a guidance tool.
Risk Management and Technical Interpretation
Our greatest skills in this arena are often described as: the ability to extract relevant risk exposures, from a myriad of information sources, in an expedited manner, for reasonable cost.
We understand risk management and financing, and continue to keep pace with this emerging and dynamic field through education and strategic hires. We can work in conjunction with clients seeking solutions in the traditional insurance realm, as well as entertain ramifications of non-insurance risk transfer and retention.