Business Risk

No two companies are exactly the same. Even if they operate within the same industry, each has varying aspects to it that make it unique. At Assurance Ltd., we understand this fact, and are willing to work with each firm to better understand everything from its daily operations to its overarching goals to determine possible exposures to risk.businessrisk

Understanding your company to better mitigate your risk

Our experts begin by developing an in-depth understanding of your business and its tolerance for risk. Every client we serve has unique exposures to loss and a variety of financial and operational demands.

We will then work with you to develop strategies to avoid, transfer, mitigate and finance risk management efforts at the lowest possible cost. Our exclusive AssuRisk process utilizes a variety of techniques to identify, measure, and treat risk issues in the manner that most cost effectively protects your assets and increases your profits.

The AssuRisk difference

With our thorough AssuRisk process, your company will be protected from various elements of risk. Our process has four parts, designed to help us identify, analyze, control, finance and monitor risk management strategies for your firm.

The four steps are as follows:

  • Identify exposures – We thoroughly assess your business to understand the risks that face your company.
  • Define strategies to handle risk – Or team will explore cost-effective strategies to minimize possible risk to your business.
  • Implement programs – Here, we place tailored programs and strategies to protect your assets.
  • Monitor/adjust plan – We will continuously monitor the plans and adjust as necessary to accommodate your growing business.

What Assurance Ltd. offers in terms of coverage

Part of the risk financing solution will involve designing an insurance program for your company, including the selection of appropriate products, limits, retentions, terms, conditions and carriers.

Our lines of coverage include:

  • Auto
  • Cyber-Liability
  • Directors & Officers
  • Employment Practices
  • General Liability
  • Pollution
  • Professional Liability
  • Property
  • Umbrella/Excess Liability
  • Workers Compensation

At Assurance Ltd., we want to work with you to mitigate risk for your company. Our experts will be your risk manager and help you develop strategies that fit your needs. Let us be your guide to help you create a stable future for your company.