Reducing Risks While Saving Your Company Money Is A Complex Task.
- Do you believe you are adequately protected?
- Do you believe your risk management program is keeping pace with the times?
- Is your program complete and cost-efficient?
In light of these facts, corporate clients are having a harder time than ever understanding whether their financial and corporate approach to risk management makes sense. Coverage must be comprehensive and well-thought out, but also must save money wherever possible. That is where The Law Offices of Cameron C. Secrist steps in. We bring a world of insight to your corporate risk management. We know that many corporate clients are not sufficiently protected by their insurance and other risk management vehicles. Many others needlessly waste money on programs that no longer fit their requirements. Our Risk Management Team does not act as a broker or intermediary. We are independent risk management counsel to you.
Businesses cannot afford to leave risks unidentified. Cameron C. Secrist’s Risk Management Team helps you achieve a fully integrated risk management program quickly and cost-efficiently. Collectively, members of our Risk Management Team have represented both policy holders and carriers, provided advice to regulators and legislators and have the combined experience necessary to deliver counsel on all facets of your risk exposure.
We start by identifying and evaluating the risks your organization faces. No matter how small or how large your organization, our team will make a critical analysis of how efficiently your risk management strategy is working and how that strategy fits within the organization’s current business plan.
- Are there risks which have not been covered?
- Are there risks which have been covered using an inappropriate or expensive plan?
- Does the current business plan permit certain risks to be retained?
- What are the tax implications of a change in approach?
- Could you deal with certain risks more efficiently using alternative risk transfer (ART) techniques?
Cameron C. Secrist is experienced in advising clients on insurance, reinsurance, self-insurance, financial products, captives and sophisticated (ART) solutions. We have innovative and practical corporate programs to help limit your exposure and reduce the overall cost of your risk management program.
Cameron C. Secrist provides cutting-edge representation to clients in purchasing risk management-related products. We have an established, successful history in the risk management arena. What makes us different from other firms is our lawyer’s knowledge of all aspects of the risk transfer industry coupled with the resources we bring to each representation.
Risk Management, Loss Prevention and Internal Audit
Due to the increased emphasis on internal control, as mandated by the Sarbanes-Oxley Act, many retailers have developed a store compliance process to monitor, quickly identify and remediate potential risks. Whether it is reducing shrink or complying with SOX, a thorough, store-level compliance process is essential for protecting, substantiating and reporting on company assets and the processes for monitoring them.
The most effective store compliance processes benefit from synergy (i.e., the sharing of resources and information) among the three most influential departments in loss control: risk management, loss prevention and internal audit. The following section outlines how the three departments can collaborate to better manage loss control and compliance.