Over the course of our specialization in managing construction industry professional liabillity risk we are honored to have worked with thousands of design professionals among them a great many distinguished and accomplished firms. This experience has enabled us to develop a level of expertise unmatched in the profession. Our capabilities for design professionals such as Architects, Engineers (of all disciplines), Land Surveyors and Landscape Architects is vast and very broad. Our desire to deliver on our promise means that we will always deliver successful results.
We are available to be engaged on an individual assignment basis or on a more structured, on-going basis where we are retained as your firm's Risk Management Department. Whatever your needs and circumstances are we can develop a program of services that meet your immediate and long term goals. Our ultimate goal is to develop a relationship where we earn your trust to the extent where we work together to build a Risk Management Department for your firm or greatly supplement and enhance the capabilities of an in-house staff.
If your firm has in-house legal, risk management and insurance staff, CRMC has been highly successful in supplementing those key, vitally important components of your organization. CRMC has the experience and expertise necessary to step in and be a crucial, value-added addition to your firm working in association with in-house legal and risk management staff.
Keep in mind that our core definitive goals in delivering our services to your organization is to:
protect financial and professional assets
enhance professional success
expand professional capabilities
enable and facilitate organizational growth
maximize profitability
Our understanding of professional liability risk management and our deep rooted commitment to achieving these core goals has led us to a number of conclusions about the fundamental components of a sound and proper professional liability risk management program for a design professional firm. These conclusions have resulted in our ability to design risk management programs incorporating all of these fundamental components and specifically designed to meet the risk challenges of your firm. Therefore, in order for a Professional Liability Risk Management program to be truly effective in managing risk and meeting these goals the following components and fundamental understandings must be present:
Risk Management is both internal and external
Risk Management functions must be centralized
Risk Management must be a core cultural component of the firm from the top down
Risk Management will only succeed after going through the Self Critical Risk Analysis
Risk Management will only succeed after going through a proper Risk Assessment
Our final goal is to deliver services that are proven successful, apply and work in the real world. Too often, well intentioned risk management advice has little if any real world application, the advice and guidance is too theoretical or simply cannot work in the context of how the construction industry works on a day-to-day basis, or worse yet delivered by well intentioned yet highly inexperienced individuals. The services we at CRMC deliver are proven, have been and will be applied successfully in the day-to-day, real world construction industry. The key here is to understand and recognize that risk management is not risk aversion. Therefore, wedesign risk management solutions that are effective tools to prevent loss while at the same time allow and enable your firm to get projects, perform services, generate revenue and most importantly earn and retain profit.
The following is a representative listing of the SERVICES we are prepared to deliver to your firm TODAY. These services can be provided on a per task basis or on an on-going basis where we are engaged as your firm's Risk Management Department or to supplement your in-house capabilities:
Professional Liability Risk Management Services
The CRMC Risk Assessment
The Self Critical Risk Analysis
Design a firm specific risk management program
Implement the risk management program
Monitor the risk management program and track results
Update and enhance the risk management program based upon results
Review and analysis of Contracts, Certifications, RFP's, Lien Waivers etc.
Commentary and suggested modifications based upon Contract review
Education and Training through comprehensive seminars, workshops and mentoring
Develop Risk Management Tutorials as training tools for new employees
Newsletters and Risk Management Updates
Mergers, Acquisitions and Ownership Transitions
Emerging Risks in the Construction Industry and business in general
Respond to inquiries regarding business issues creating liability concerns
Advice and guidance in liability related decisions
Professional Liability Insurance Consulting Services
Our foremost goal in providing insurance consulting services is to respect the relationship you have with your current professional liability insurance representative (agent or broker). Our insurance consulting services are designed to be provided in conjunction with your agent or broker. In addition, unlike many other consultants, we do not recommend broker competitions. We believe that broker competitions break down the long term relationship crucially important between broker and client. Therefore, we look to enhance and expand the services your firm receives from its current broker and work in conjunction with your broker. We firmly believe that your firm benefits most from stable, long term relationships with your professional liability insurance broker and professional liability insurance company. CRMC repsects that relationship and is in business to enhance that relationship. The following is a representative sampling of the professional liability insurance consulting services we are able to perform for your firm TODAY:
Coverage/policy review
Application review
Assistance through the insurance procurement process
Assistance with the completion of the professional liability application
Develop an effective and professional submission to the insurance marketplace
Review of coverage and premium proposals from the marketplace
Coverage enhancements/innovations to meet specific needs of your firm
Professional Liability Claims Consulting
The most important services your firm receives from your professional liability carrier are claims services. Customer focused claims services are the promise insurers make and they must be held to deliver on that promise. CRMC's expertise in obtaining top level claims services from professional liability carriers is another way we can work in conjunction with your professional liability broker to enhance the value added professional liability services your firm receives. Among the claims consulting services we are prepared to deliver to your firm TODAY are:
Analysis and Benchmarking of prior claims
New claims review, analysis, reporting and monitoring
Periodic claim review meetings with broker, defense counsel and insurance company
Monitoring of claim activity and services
Claim update meetings prior to policy renewal
Difficult claim review, analysis, coverage issue consulting and monitoring
Whether you are looking for help with one contract or looking to establish a risk management department, CRMC is your solution. Take advantage of our substanial experience and expertise and challenge us to meet you risk management needs and goals TODAY!!
