Risk Management Services:

     Byrne - Kim's Risk Management Dept, helps our clients with designing & implementing a Risk Management Program.


    The Planning Process:
    Our process is to work with our client's management team, or specified personnel to first gain an overall understanding of their business,
    where their biggest concerns are, review their loss data, loss prevention program, & their financial statements

     We help our clients through providing resources & information they need to:
    
     Reduce costs - indirect & direct
                                                     On average indirect costs exceed direct costs by a 4:1 ratio
                                                                                            example: workers' compensation claim , and the revenue required to pay for an accident.
    














        Businesses can utilize these calculations to estimate the direct and indirect impact of injuries and the projected sales needed to compensate
       for these losses.  The magnitude of indirect costs is inversely related to the seriousness of the injury. The less serious the injury the higher the
       ratio of indirect costs to direct costs (four or five times higher). For more serious injuries, indirect costs will average one or two times the direct
       costs of the injury. While they account for the majority of the true costs of an accident, indirect costs are usually uninsured and therefore,
       unrecoverable.  (all information was derived from OSHA Injury Illness Loss Costs)


    Increase efficiency - better productive output, & employee retention
                                             Frequent employee turn over is a major and constant drain of a companies profits
                                                                                    Define your ideal dream team member, with the HR ThatWorks 10 universal laws of success.


                                                                                     
     Improve work place safety - Safety programs, & employee training through injury prevention

     Our services include:
  •        Claims Management
                     - in depth claims revue
                     - loss analysis
                     - demographic study of claims
                     - case management review
  •        Loss Control Services
                     - safety management review
                     - injury illness prevention program, safety plans
                     - OSHA forms and compliance
                     - ergonomic plans
                     - specific on the job safety
                     - liability policy review & comparisons
                     - back on the job program
                     - claim coordinator program
                     - medical clinic relationship
                     - 24 hour injury response plan
                     - supervisor training
                     - posters and compliance materials

     we also follow through with a plan to evaluate & measure the results, and provide our clients with a 12 month performance agreement.



     Its time to stop shopping for insurance, and start focusing on the real costs - call us today for your Total Cost of Risk Analysis and see if our
     company is a fit for you & your business.
Accident Costs:
Profit Margin:
Profit Margin:
Profit Margin:
 
2%
3%
4%
$1,000
$50,000
$33,000
$25,000
$5,000
$250,000
$165,000
$125,000
$10,000
$500,000
$330,000
$250,000
$25,000
$1,250,000
$825,000
$625,000
$100,000
$5,000,000
$3,300,000
$2,500,000
Agency License #'s  CA - 0E81098,  AZ - 905931,  CO - 299185,  ID - AG157504,  OR - 818820   Copyright © 2008 by Byrne - Kim & Assoc Ins Svcs, Inc.
Terms of Use                Privacy Notice               Home                Contact Us!

Your use of this website is subject to the Terms of Use section of this site.
Note: As stated in our Terms of Service  agreement, descriptions of insurance coverage on this web site are for informational purposes only and may not apply,
or be included on your policy. Please contact us to confirm coverage provided on your insurance policy or policies your are contemplating purchasing