News & Information

Loss Control Plays an Important Part in Controlling Insurance Premiums

In today’s struggling economy, reductions in workforce and budget constraints are becoming more of a reality with many of our clients. Many risk managers are being asked to operate with reduced staff, continuously review their program structure, and implement expense control strategies to reduce their costs. As a company, we have a multitude of tools available to assist clients in the reduction and/or elimination of the cost of injuries and accidents.

Although cutting loss control services may reflect a savings initially, it typically results in higher expenses with more problems in the long run. Historically, when loss control services are cut, many of the intangible or soft expenses associated with each loss become magnified. For clients who are pressed to cut or trim back their loss control service budgets, consider the following resources available from Gallagher Bassett Risk Control Consulting Services:

Balanced Budget Resource:

GB Risk Control Consulting will establish a service budget which typically includes travel related expenses that can be easily budgeted and managed.

National Coverage with Local Control:

GB Consultants are strategically located throughout key areas of the U.S. and can support multi-location entities with minimal travel.

Single Point of Contact with Access to Multiple Resources:

A bank of 50+ Risk Control staff members and specialty resource professionals provides clients access to an enormous talent base, which is also reinforced by thousands of technical support resources. Staff reduction does not have to equate to the end of an effective process. Gallagher Bassett Risk Control can step in and assume program management that is vacated due to a reduction in force—years of gains will not be eliminated and a consistent safety message can be held in place until internal staffing can be resumed.

Please do not hesitate to contact us for assistance.