Risk Management
The broad experience of Clingman & Hanger allows us to offer risk management consulting and implementation as one of our key services. Those services range from company-wide enterprise risk management reviews and best practices development to more limited projects dealing with specific departmental risk management strategies. Our extensive risk management experience with ongoing enterprises includes:
- Claims adjusting and file audits
- Departmental restructuring
- Loss analysis and balance sheet reserve analysis
- Insurance placement and renewals
- Broker evaluation and selection
- Development of loss-control programs
We also have risk management experience in the context of bankruptcy, which has specialized needs. For example, working with carriers and brokers to continue essential coverages and issues relating to directors’ and officers’ liability claims and coverages. We also develop plans for orderly termination of complex self-funded insurance programs involving risk transfer and have achieved substantial returns of collateral to the estate in appropriate cases.
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