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Northwest Pipe Fittings

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by

Ryan Bramlette

on 15 September 2014

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Transcript of Northwest Pipe Fittings

Risk Management Overview
Identify
Our Goal is to Identify & Prioritize
Risks that have a Financial Impact
on your Business.
Design
A properly designed Risk Management Plan balances the total cost of the action with the owners tolerance for risk and the overall business strategies.
Implement
Once the plan has been designed and
accepted, the aspects of the plan are implemented
Continue
Is the program effective?
Are we making an impact?
What Emerging Risks do we need to plan for?
-Risk Assessments
-CoverageAudits
-Contract Review
-Policies & Procedures
Business Risk
Strategic Risk
Hazard Risk
Prevent
Mitigate
Transfer
Assume
Risk Tolerance
Business Strategies
A service calendar of events for the coming 12 months
is prepared and will serve as the focal point for the
implementation process.
It will be a outline of what will be done, when and
who will be involved.
We hold ourselves accountable with Stewardship
Reports & Service Agreements.
Perpetuation
Employee Turnover
Equipment
Contract Review
Employee Wellness
Perpetuation
Equipment
Employee Wellness
Employee Turnover
Contract Review
Risk Reduction Plan
Risk Adviser Team
Chris Hoiness, CPCU, CIC / Vice President
Jim Watson, CIC/ Vice President
Brady Hoiness, AINS/ Sales Executive
Laurie Preitauer/ Senior Account Manager
Sandy Myers/ Senior Account Manager
Brendan Riley/ Loss Control
Jeff Wallace / Claims Director
Mindy Carver, JD, CPA, CPCU, CIC/ Counsel
Teri Palmer/ Wellness Director
Perpetuation/ Skilled Employees
What is Northwest Pipe Fittings doing to Perpetuate its Business?
Gap Analysis
To perform upon Agency/ Carrier Selection
Risk Transfer
- Contract Review
- Certificate Tracking
-DOT Compliance
-OSHA Compliance
- Equipment Maintenance/Management
-Loss Control
The Constuction Industry anticipates a shortage of 2,000,000
skilled
workers by 2017
Retention Cost- 20% of Lost Employee Salary
Premium Summary
Property $
General Liability $
Auto $
Inland Marine $
Work Comp $
Umbrella $

Total $
Full transcript