1. ISSUE 1
.
SEPTEMBER 1. 2013
Why Risk Management?
“to improve ROI”
NEWS
JUNE 22. 2013
Summer storms in Canmore/Calgary resulted
in a $400m dollar estimate of costs to repair
and rebuild. How much of this is insured?
FOR PROFIT BUSINESS
Organize Departmental Issues into one report on a quarterly basis
Negotiate the commercial insurance program and provide
JUNE 8. 2013
126 mm of rain fell in Toronto causing $1b of
damage. Were they prepared? How much of
this is reimbursed by insurance?
recommendations as to uninsured areas of exposure
JULY 6. 2013
Rail disaster in Lac-Megantic caused by an
exploding rail car owned and operated by MM
& A Rail Lines. Clean up costs are currently at
$200m but the insurers for the rail company
are not paying as they wish to reserve the
policy funds; possibly $25m in total; for
the priority claimants. Where was the EIL
policy? Who is to pay for the clean up and the
rebuilding of a town? August 7, 213 MM & A
declares bankruptcy.
Measure quarterly goals so as to produce recommendations for
JULY 29. 2013
Jewelry Heist in Cannes. $136m in stolen
gems. Where was the armed protection?
Where is their CRO?
Align the Mission Statement with operating procedures
improvement
Strategize on how to improve operations with a timely objective analysis
on HR, Technology, Funding, etc.
Through the use of the “ClearRisk Manager” web based software to which
you will always have access, your business policies and procedures will be
aligned at all times
A full display of policies, premiums, claims and costs, over a period of
years will be drafted on the site for easy access
A CHIEF RISK OFFICER (CRO) ON A PART TIME BASIS:
Will accomplish the tasks above in a professional and comprehensive basis without the burden of a
full time salary and benefits. Professionally qualified and insured
CONTACT US TODAY:
Diane S. Baker, BA CRM RF FIIC
+1 604 351 8353
diane@riskassistconsulting.ca
http://www.riskassistconsulting.ca