Risk Optimizer


Risk Optimizer is our proprietary tool that identifies the most efficient risk financing available in the market. As part of a consulting engagement, we evaluate your portfolio of insurance coverages against thousands of alternatives. Armed with this information, you can select the optimal insurance strategy for your organization, achieving your desired risk level with minimal spend.

With Risk Optimizer you will:

  • Oversee Costs
    • Quantify the value of different insurance covers as part of a portfolio of risk
    • View the overall cost and risk to your financials resulting from your current insurance strategy
    • Evaluate alternative strategies and identify most efficient ones
  • Link Insurance Strategy to Risk Appetite
    • Map out an insurance strategy consistent with management's risk appetite
    • Ensure risk financing strategy is aligned with corporate objectives

Why should you use the Risk Optimizer?

  • Use this tool to take a portfolio view of your risk and improve operational efficiency.
  • Use this tool to incorporate management's risk appetite into an auditable and objective decision making process.
  • Use this tool when considering which coverages maximize economic utility and optimize premium spend.

For whom is it appropriate?

  • This tool is most beneficial for publicly traded and privately held companies with at least $500 million in annual revenue.

What geographies does this tool support?

  • Risk Optimizer is a global portfolio analysis tool supporting all geographies.

When should you use the Risk Optimizer?

  • Use it as a strategic framework for integrating results from Core Analytics models.
  • Use it to communicate decision support for your insurance strategy in financial language.
  • Use it to make the most efficient decisions during the procurement process.
  • Use it when planning to take your current strategy to market.

What can I do with the information gained from the Risk Optimizer?

  • Select the optimal insurance strategy for your organization, achieving your desired risk level with minimal spend.
  • Justify your insurance strategy with an audit trail for the decision-making process.
  • Compare your aggregate risk (before and after insurance) with your risk tolerance.
  • Efficiently communicate to your Board the reduction in risk achieved from your current insurance strategy

Future Enhancements

  • Non-insurance risks such as human capital, finance and pension/benefit risk coming in late 2018.