Risk Management

Risk Management

Are your existing Risk Management systems providing you with the protection you need?

As experts in identifying and providing risk management solutions, our Risk Management Service Division is a multi-disciplinary division of RC Knox dedicated to reducing Total Cost of Risk in the hazard lines of Property/Casualty Insurance. Our professional staff has over 200 years of experience who operate within a team environment to address not only pre-loss, point of loss, but post-loss issues as well. The integration of "best practices" brings about an efficient and effective Risk Management Program. Our methodology can involve up to (5) phases depending upon client need:

  • Risk Identification
  • Risk Measurement
  • Risk Management Objectives
  • Action Planning - Solution Generation
  • Monitor, adjust, improve

 

The multi-disciplinary team that has been assembled possesses considerable skills and we will engage the necessary expertise to meet your needs. Together, we can design a complementary set of "best practices" that will ensure employee well being while removing excess cost. Our past successes indicate that a winning scenario for all parties creates the "best solution" to issues facing your company. We can help you identify the strengths and weaknesses of existing risk management systems and assist in establishing benchmarks, developing and modifying loss control programs, evaluate the claims management process, and provide assistance to not only reduce your exposure to loss but to claim dollars after a loss has occurred.

By coordinating with your insurance company and their resources, we can direct and provide the degree of services needed to impact your loss exposures and, ultimately, insurance premiums. Our available services include:

 

RC Knox & Company is also the only agency in Connecticut that can offer a Safety Management System as an integral part of our risk management service. The "Safety Strategy" is a loss control system for Employers Workers Compensation, Property, Liability and Automobile exposures. It is designed to help employers comply with OSHA and related state safety laws. The system has over 115 hazard topics built in, with customizable options for your specific needs.

If you would like more information on this "Safety Strategy System", please call us at 1-860-524-7669.

Insurance available through People's United Bank and People's Securities, Inc., a subsidiary of People's United Bank, member FINRA and SIPC, or RC Knox & Company, insurance subsidiary of People's United Bank. Property and casualty insurance available through RC Knox & Company.  Insurance Products are:
  • NOT A DEPOSIT
  • NOT FDIC-INSURED
  • NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
  • NOT GUARANTEED BY THE BANK OR AFFILIATES
  • MAY LOSE VALUE