Arges Risk Control Process
Arges Group’s team of professionals with experience in law, alternative risk financing, marketing, risk management, employment compliance and insurance have developed our comprehensive
Arges Risk Control Process to assist businesses with every aspect of their risk control program.
A detailed process designed to identify current and potential risk a business faces. Arges Group has developed specific audits and assessments to assist businesses in identifying their risk:
- Risk Control Audit
- Contract Risk Review
- HR Compliance Audit
- Exposure Identification
- Insurance Policy Review
- Claim History Analysis
A specific plan of risk services designed to control the items identified in the
Risk Identification stage. This custom plan created by the Arges Group team, incorporates expertise from different disciplines and contains the following components:
- Contract Control Process
- Loss Prevention Initiatives
- HR Compliance Processes
- Alternatives to Traditional Insurance
- Employee Benefit Cost Control
- Workers’ Compensation Cost Control
Stage 3 – Risk Control Plan Implementation
Implementation is critical to the success of the
Risk Control Plan; Arges Group has created a specific process to enact and monitor the plan:
- Service Calendar
- Management Team Integration
- Health & Safety Training
- Risk Transfer
- Insurance Procurement
- Claim Management
Stage 4 – Risk Control Plan Analysis
Analyze the progress of the
Risk Control Plan to determine if the plan is achieving the desired results. Some factors considered during the results analysis are:
- Increased HR Compliance and Awareness
- Development and Implementation of Safety Initiatives
- Improved Claim Cost Containment
- Reduction in Experience Modification Factor
- Annual Stewardship Report
- Key Focus Areas for Plan Continuation
