Asset Insurance Partners understand that you cannot insure everything. At some stage you will decide to self insure some part of your business, wear some of the risk.
We have a working relationship with a loss management specialist – the LMI Group. We contract them in and have a full risk appraisal completed and develop a Business Continuity Plan, and/or Loss Management Strategy for you. This comes at a cost, but the saving are multiplied each year the measures are implemented.
Once they have forwarded to you their findings, you will have a better understanding of the risks within your business. You will then be able to fully integrate a Loss Management Strategy which has been designed for you.
While saving money is a side benefit, in the event of a claim you will have a working knowledge and action plan on how to reduce the impact of a claim on your business and your brand.