At Hewitt Coleman, we have the people and systems to manage all areas of alternative risk programs including superior claims management, loss control, management reporting, managed care and cost containment. 

Risk Retention ... An Opportunity
The theory of risk retention is that you retain the financial risk for frequent, predictable losses and insure against the unexpected, severe loss. A well-managed program offers many advantages over conventional insurance coverage, both long and short term.

On a day-to-day basis, it affords the necessary protection, while saving you money in three ways. First because your program is tailored to your specific case, you can choose the most cost-effective and efficient method of managing your risk. Second, because you are assuming the responsibility for the risk, you aren’t paying for an insurance company’s overhead. And finally, as the insurer, you can exert leverage over claims cost and disposition.

In the long run, funds reserved for future payments are available to generate investment income. In many cases, this feature, through effective cash management, turns a risk retention program into a source of profitable opportunities.

Of all the advantages risk retention gives you, the most important is that it puts you in control of your own destiny.  If risk retention is a viable alternative for your company, Hewitt Coleman can make it work for you.

 Please contact us for more information.