Guaranteed Cost… Don’t Hold Me Captive: Various Methods of Addressing Your Total Cost of Risk and Risk Financing Options
With the markets hardening and requirements increasing, how is your entity viewed against its peers? Now more than ever, public entities are tasked with addressing their entire risk management program from loss control to financing to claims. This session will discuss how other public entities have implemented best practices to increase their entity''s insurance financing and look at options on where to best apply funds that will create a long lasting and sustainable risk management program.
Core Competency #1: PRMS - Public Risk Management Skills
Objective 1: Understanding options for risk financing
Objective 2: Addressing the Total Cost or Risk method of risk managment
Objective 3 Better equipping entities for the continually increasing requirement for market submissions