Enterprise Risk Management, as defined by RIMS (The Risk Management Society), is a strategic business discipline that supports the achievement of an organization’s objectives by addressing the full spectrum of its risk and managing the combined impact of those risks as an interrelated risk portfolio.  At Dillon Risk Management we incorporate many of these same practices into our routine approach for new and existing customers.View Article »

We are often asked about the Hard Market, Soft Market cycles by trucking companies.  The global brokers put out white papers annually on the subject, but this is largely inaccurate for transportation insurance.  I have long said that truck insurance is its own market.  The long tail of loss resulting from the severity side of auto liability litigation keeps many, less savvy, non-specialty insurers in the market too long.View Article »

Most trucking companies share the same risk management strategy, they buy insurance. These are typically guaranteed cost policies that provide peace of mind because the buyer knows that the most it can cost to manage losses is the policy premium. At the end of the policy period that same buyer often has two frustrating realizations.View Article »