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Risk management is the practice of reducing business expenses and hazards through risk mitigation practices. This is done by identifying and proactively protecting against unsafe procedures, hazardous external conditions, and common human risk factors. The goal of risk management is to prevent damage to employee health or business property and inventory.
Every business has points of vulnerability that can lead to insurance claims and financial struggles. Risk management services can help identify these vulnerabilities so that you can better prepare for those possibilities. Some common places to start modifying your company’s risk management strategy are with:
These are some examples, among others, of how your business manages damages through common risk management scenarios.
Winooski Insurance Agency clients can access our valuable risk management resources to help potentially boost profits, company morale, and reduce loss expenditures. Here are some ways we can help your business:
Winooski Insurance Agency has a library of risk mitigation assets that we provide our clients who are undergoing risk evaluations. These tools and resources can be used to position your company to act before an insurance claim happens or steps to take after an accident. Some examples of these resources are:
These resource documents are meant for informational purposes only and do not replace the provisions within your insurance contracts. If you would like further assistance, reach out to one of our team members for more information.
“ The level of service and professionalism I’ve received from Jeff and the experienced professionals at Winooski Insurance is unparalleled. I’m grateful to have been referred to Winooski Insurance and truly feel like I have a business partner, not just an insurance company. ”
Cherian Philip, CFO
“ The entire team at Winooski Insurance have done an outstanding job of providing insurance coverage for my company. This is not always easy, as each project has to be reviewed by Winooski Insurance to verify that we have the required coverages. ”
David Bogue, President
Professional Construction Inc.
“ I have personally and professionally used Winooski Insurance for over 15 years. The staff is efficient, the service is excellent, and they work hard to keep the premiums low. I highly recommend Winooski Insurance! ”
Mark Chaffee, Senior Loan Officer
Draper and Kramer Mortgage Corp.