Our Process
Take the driver’s seat in controlling current and potential exposures.
Reduce your Total Cost of Risk and reduce the probability of undesirable events from occurring through the design and implementation of a customized risk management plan.
Help your company become more attractive to the insurance marketplace through identifying and assessing all possible uncertainties.
Enhance the Return on Human Capital and desirable business activity through your active investment in employees.
Our Process makes us different
[one_fourth]
[chart percentage=”25″ size=”120″ barcolour=”#185a7d” trackcolour=”#e4e4e4″ content=”Discover” align=”left”]
RPM™ Workshop
[/one_fourth]
[one_fourth]
[chart percentage=”50″ size=”120″ barcolour=”#185a7d” trackcolour=”#e4e4e4″ content=”Design” align=”left”]
Your Unique Plan
[/one_fourth]
[one_fourth]
[chart percentage=”75″ size=”120″ barcolour=”#185a7d” trackcolour=”#e4e4e4″ content=”Implement ” align=”left”]
The RPM™ System
[/one_fourth]
[one_fourth_last]
[chart percentage=”100″ size=”120″ barcolour=”#185a7d” trackcolour=”#e4e4e4″ content=”Continue” align=”left”]
The RPM™ System
[/one_fourth_last]
Life and business both come with elements of risk. Planning for life’s uncertainties and protecting the future of your business is OUR business. Rest assured that when you partner with North Risk Partners™ we focus on managing risk so you can focus on looking to the future, with confidence. Now that’s freedom.
North Risk Partners™ RPM™ process uses proprietary, proven analytical tools to improve your total cost of risk.
Discover
North Risk Partners™ will begin the Risk. Plan. Manage. process with a Discovery workshop. The workshop starts with an interview asking probative questions surrounding strategic, hazard and business risks. The answers to these questions are summarized and scored by likelihood and impact. The overall risk score or Total Cost of Risk “TCOR” is determined. The TCOR is reviewed annually.
Design
Your customized Risk Index is created, rating risks at Low (1-3), Medium (4-6), and High (7-10). A Risk Map is then created which is a visual diagram representing the criticality of risks and uncertainties.
Implement
Our Team will then implement your plan into action.
Purpose of the RPM™
Reduce
- Reduce Total Cost of and reduce the probability of undesirable events from occurring through the design and implementation of a customized Risk Plan Management™ Plan.
Enhance
- Enhance return on Human Capital and desirable business activity through your active investment in employees.
Help
- Help your company become more attractive to the insurance marketplace. Resulting in decreased overall cost