Insurance coverage protects your firm and employees from most unforeseen risks that may cause financial or physical harm. You may have a sound insurance program, but do you have measures to help avoid losses from occurring? Should a loss happen, are you able to manage it swiftly and effectively?

Mesirow Financial's Risk Management Services Practice provides loss control and claims consulting services that help clients identify opportunities to reduce loss frequency, severity and cost. When these crucial risk management tools are included in an insurance program, clients are able to grow their business while lowering their cost of risk.

Comprehensive Approach to Risk
An effective loss prevention and risk management program can positively impact a company's bottom line — fewer losses translate to lower costs. Our experts follow five fundamental steps that allow us to detect and manage possible losses, which pose financial threats to your business.

• Identify potential exposure to loss
• Evaluate financial impact of potential loss
• Design risk management program
• Implement strategies
• Monitor results to ensure continual improvement

Loss Control Consulting
Our experts have extensive experience developing loss prevention programs for corporations, manufacturing plants, public facilities and construction projects. Our areas of expertise include:

Property Management Consulting

• Property assessments
• Insurance-to-value assessments
• Sprinkler system and other fire suppression consulting
• Specialized property management evaluations
• Life safety consulting
• Due diligence support for acquisitions

Casualty Consulting

• Diagnostic safety management evaluations
• Loss trend analyses
• Safety program audits and mock OSHA assessments
• Ergonomic evaluations
• Safety training programs for management and employees
• Accident investigation programs
• Machine safeguarding evaluations
• Self-inspection and evaluation programs
• Safety goal setting and result benchmarking
• Motor vehicle safety
• Occupational health assessments

Innovative Safety Technology
Internet-based safety training
The conventional approach to training can be expensive and time consuming. Mesirow Financial offers an interactive, Web-based system that utilizes video, audio and animation, and makes training interesting and effective.

Our online training can help your company:

• Automate employee testing, progress tracking and record keeping
• Prevent OSHA citations and fines through safer work practices
• Maintain productivity by eliminating hours of classroom training – employees can complete programs in 30-45 minutes at home or work
• Improve employee learning with an interactive format that captures attention and encourages participation
• Lower training costs by eliminating the need for instructors

OSHA compliance and record keeping is a major undertaking. We developed e-view SafetyWeb, an online warehouse of information that provides support to those in your company who are required to put successful safety programs into practice. Your employees can easily access policy information, training materials and special emphasis programs for OSHA compliance.

Claims Management Consulting
The combination of technology and analytical techniques allows our claims professionals to provide the insight and direction to ease the financial impact of claims resolution on your budget.

We identify the underlying causes of claims and develop customized programs that address the spectrum of claims issues in the following areas:

• Auto
• Business interruption
• Crime
• Directors & officers
• Employment practices liability
• Environmental
• General liability
• Property
• Surety
• Excess liability
• Workers' compensation

Benefits of Expert Claims Assistance

Timely, Accurate Loss Reporting
A claims specialist is assigned to you to assist in the process of handling complex general liability and property claims.

Customized Training and Educational Programs
Our claims specialists present seminars, training and customized manuals that teach employees how to act in response to a claim.

Aggressive Coverage Advocacy
If confronted with a reservation of rights or denial of coverage, we manage the entire negotiation and settlement process for you.

Claims Demographics Studies
Our claims demographics team creates reliable, easy-to-understand information to illustrate loss experience.

Catastrophic Claim Services
Should you experience a catastrophic event, our specialists assist in restoring business operations by managing emergency, medical, legal and claim adjustment services.

In-Depth Claims Reviews
Our claims review process reveals causes of loss, determines reserve adequacy and identifies cost reduction and subrogation opportunities, which are used to recommend settlement strategies and suggest program or service improvements.

Stronger Relationships with Your Carrier or TPA
We act as a liaison to manage the many burdensome tasks of supervising a carrier or TPA.

Financial Risk Management
Companies must understand the financial impact of risk and risk transfer on their bottom line. Our financial risk management experts can quantify and analyze that impact. Using various analysis methods, we structure the most cost effective insurance program for you.

Our experts provide assistance in the areas of:

Cost of Risk Allocation
It can be easier to manage resources when the total cost of risk is allocated by operational lines.

Captive Insurance Company Feasibility
If it is possible to utilize a captive facility, we guide you through the feasibility study, formation and monitoring of the captive program.

Loss Forecasts
We prepare loss analyses that forecast losses and estimate future liabilities.

Variability Analysis
We help quantify the probability that losses may be worse than expected based on your actual loss experience.

Retention Analysis
We help determine if self-insuring a portion of your insurance risks will help control costs. If so we devise the appropriate, cost-effective maximum self-insured retention.

Integrated Risk Management Solution
Mesirow Financial partners with you to develop, implement and support a comprehensive risk management program to help protect all aspects of your business.