Risk management is not passive. It is not just having a safety program and buying insurance. Risk management is a deliberate and measured process. It includes begins analysis which leads to strategies that are fundamental to avoiding or reducing the financial impact of a loss. Risk management includes retaining the appropriate degree of loss and mitigating the direct and indirect financial impact of a loss. Services provided by Dillon Risk Management focus on helping our clients to prevent accidents, comply with regulatory requirements, develop safety cultures, analyze/benchmark experience and forecast potential outcomes. We focus on improving our client’s operations and that will produce beneficial risk financing outcomes and result in the lowest net cost of risk.
Dillon Risk Management's Services
ANNUAL RISK CONTROL PLANS
ANNUAL RISK CONTROL PLANS
Effective loss reduction and loss prevention plans will evolve to meet the needs of your organization as it grows and changes. We help clients develop, implement, evaluate and modify their risk control plan to ensure it continues to address the current needs of their organization, and contemplates future growth and development.
BENCHMARKING
BENCHMARKING
Analyzing frequency and severity patterns and comparing them to the industry and organizations similar to yours, can shape expectations to help you optimize your risk control and risk financing programs.
CLAIMS ADVOCACY
CLAIMS ADVOCACY
We examine the management of individual claims and advocate the interests of our clients with claims administrators. Our objective is the best possible claim outcome for your organization, as well as, ensuring you are compliant with regulatory requirements.
COMPLIANCE AUDITING
COMPLIANCE AUDITING
Dillon Risk Management will audit your employment practices protocols and regulatory compliance practices. We then work with you to establish sound programs that protect your organization and improve your operation.
COST OF RISK ANALYTICS
COST OF RISK ANALYTICS
We go beyond looking at what your loss trends and experience patterns present and examine the why factors behind the loss costs to help you develop a risk management plan that meets your organization’s specific needs.
EVALUATION OF RISK FINANCING ALTERNATIVES
EVALUATION OF RISK FINANCING ALTERNATIVES
What is the most favorable risk financing option for your organization? What is within the organization’s risk tolerance? We help you examine alternatives relative to your historic and expected losses and examine the risks and rewards associated with each risk financing option you are considering.
FORECASTING EXPECTED LOSS
FORECASTING EXPECTED LOSS
Our exposure and experienced based models help you understand your expected loss costs and provide direction as to where risk control resources should be applied in order to reduce the expected loss outcome.
PRACTICAL RISK MANAGEMENT
PRACTICAL RISK MANAGEMENT
Effective risk management programs are behavior based. We help clients create a safety culture where the people in your organization take responsibility for working safely, caring for the public safety and protecting the assets of your organization.
RISK FINANCING RETENTION ANALYSIS
RISK FINANCING RETENTION ANALYSIS
Retaining small, predictable losses is the most cost effective way to finance loss. But understanding the potential impacts of retaining a level of loss is foundational to determining the applicability of risk retention programs available to your organization.
RISK AND EXPOSURE ANALYSIS
RISK AND EXPOSURE ANALYSIS
Risk has many components. Knowing what to address and how to address it is the only way to improve your results and operation. We work with clients to help them identify tasks and routines that are sources of loss and implement changes that reduce the frequency and severity of loss in your organization.
SELF-INSURANCE EVALUATION AND APPLICATION
SELF-INSURANCE EVALUATION AND APPLICATION
We’ll evaluate and present the pros and cons of your organization self-insuring, develop a plan to apply for certification and outline the costs of implementing and managing a self-insurance program for your organization.
TRAINING
TRAINING
We help our clients improve their operations and risk management practices by providing them with on-going risk management training including:
• Accident Investigation
• Job/Task Hazard Analysis
• Operational Hazard Analysis
• Work Readiness Evaluation
• Loss Cause Analysis
• Self-Inspection