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Risk Management Services

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Identifying Your Risk Exposures and Reducing the Total Cost

At Brown & Brown, we pride ourselves in our collaborative approach to risk management, seamlessly combining analytics, claims, loss control, and safety in a way that sets us apart from other insurance brokers. This methodology provides a thorough understanding of an organization's risks and historical losses by integrating these key elements into a cohesive strategy.

This integrated approach provides a deep bench of industry knowledge to help customers throughout the entire pre- and post-claim process.

What is Risk Management Services?

Risk Management Services coordinates the functions of Claims Advocacy, Loss Control / Safety, and Analytics to provide highly specialized, customer-centric services, aimed specifically at your claims, operations, and exposures.

Our team approach gives us a deep bench of industry-specific knowledge to shepherd our customers throughout the entire pre- and post-claim process. We work together to help improve property and casualty risks and reduce the total cost of risk for our customers.

Our claims advocacy is rooted in an understanding of specific market niches and strong relationships in the marketplace. We utilize technical resources and analytics to help identify, quantify, and mitigate risk to ensure business continuity and disaster recovery.

Claims Management and Advocacy for Complex Business Risks

No matter the size or complexity of your claim — from a major industrial incident to a minor office issue — you get the dedicated support needed to resolve claims efficiently and effectively. Your business receives:

  • Advocacy and consulting, including claim reporting, coverage analysis, and insurer negotiations
  • Coordination and oversight with respect to claims management
  • Coverage line specialization
  • Complex claims assistance
  • Claim reviews and claims handling best practice guidance
  • Insurer/third-party administrator selection process management
  • Consultation on:
    • Workers’ compensation cost containment
    • Claims workflow and efficiency evaluations
    • Claims closure and collateral reduction strategies
    • Marketing and installation of claim administrators
    • Claim administrator quality and performance audits
    • Claim handling performance measurements
    • Litigation management

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Loss Control and Workplace Safety Solutions

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Gain confidence knowing your potential compliance and safety hazards are identified and addressed before they can impact your business. Receive custom-tailored solutions designed to effectively mitigate risks, providing greater security and peace of mind. Your specialized support includes:

  • Insurer service management, including current insurer or additional independent safety and loss control experts
  • On-site safety audits with analysis, review and training — including written follow-up
  • Property engineering and fire prevention experience
  • Gap analysis to identify areas of improvement
  • Online training via our proprietary Risk Management Center

Advanced Risk Analytics and Data-Driven Insights

Leverage powerful analytics to gain a clear view of your potential losses through detailed risk mapping. You’ll understand the potential severity and frequency of claims and exposures, empowering you to reduce threats to your business. This strategic approach includes:

  • Loss forecasts, analytical modeling and benchmarking
  • Accident analysis summary
  • Internal balance sheet estimate of ultimate liability (accrual analysis)
  • Insurance program negotiation and collateral calculations
  • Allocation of costs to client business units
  • Catastrophe modeling
  • Building and contents replacement cost valuations

Brown & Brown’s in-house risk management services specialists tailor comprehensive solutions to reduce and manage your risks so you can protect what matters most.

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Brown & Brown Risk Management Services

 You'll receive support that leverages deep market knowledge and strong industry relationships to your advantage. Advanced analytics and technical tools are used to pinpoint, measure, and reduce your specific risks, safeguard your operations, and refine your disaster recovery plans. 

Additional Resources

Connect With Brown & Brown

Schedule a consultation with our Brown & Brown risk management specialists to discuss your organization’s exposures and strategies for long-term protection. Our knowledgeable team can help you develop tailored programs that strengthen your operations and reduce your total cost of risk.

Connect with Our Team