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Start Up Risk Departments

Start up risk departments are extremely time consuming and costly if not done correctly.  Most people make the mistake of placing an employee trained within the company into the position with little or no real monitoring experience.  Risk can only be learned through experience which means losses for your company.  The other common mistake we see is when companies hire from the outside with no true knowledge of the person’s actual experience.  Don’t pay in losses for someone’s training course!

 We can help!

1 Ensure you have the right person managing the department.

1 Shop for a risk system.

1 Provide policies and procedures to help cover losses and to have you prepared for audits.

1 Set up scheduling.

1 Set up management reporting.

Our staff has successfully reduced losses in companies from as much as 40 basis points to less than 2!  We have seen it all!

                                                              
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Last modified: 06/26/09