Monday, December 18, 2017

By Donna Edwards


As a business owner, it is your responsibility to ensure that the chances of risks in your firm are well mitigated. You have to employ strategies to ensure that no risk catches you unaware. There are some factors to consider in ensuring that your risk level is kept at an acceptable level. One way to properly accomplish this is by paying a visit to your Loss Control Consultant for a chat or survey.

Select the best firm to offer the service. Normally, most firms will have employees whose sole purpose is to survey with you. There are some determinants that explain the type of survey you will engage in. These include but not limited to the following, number of employees in your firm, your selection, training and recruiting practices.

Another major point you need to carry with you to your consultation is the appropriate documentation on the risk control measures you have adopted. Some of these measures may include but not limited to the process of hiring and dismissing new employees as well as the safety precautions you have set in place.

Expect to receive some tough questions during the session. Most of these questions will be very precise and thorough. Some though may require detailed explanations. The only best way out of this is to ensure you have the right persons who are also in a position to answer questions directed at them in detail. The procedure will be much easier if you implement this change and also let you save a lot of time.

The survey may end up consuming a greater amount of your time. As such, you need to plan and ensure you allocate enough time in your schedule for this exercise. Before the start of the session, ensure you have with you some of the disturbing questions you may need to ask. It is also for this reason you need an expert to accompany you, to ensure that any question directed to you is correctly answered within a short stint of time.

Having consultations on topics relating to loss control can be very beneficial for the firm. As a business, you will be in a position to access information on all the controlling services that your insurance company deals with. You may also have an opportunity to ask questions and seek clarification where necessary. Take advantage of this opportunity by having all your questions ready and prepared in advance.

As a business, you need to understand that the educational qualification and experience of the consultant you select will determine the success or failure of this exercise. Ensure you remain very careful during the screening exercise. If you are keen, you end up selecting experts. If not, you end up with quacks, and the entire exercise becomes a sham.

The kind of planning you dedicate to this event will shape the destiny of your firm in matters that involve risk control. The first step to achieve this is by ensuring you have competent people in those sensitive dockets. Secondly, engage them in training and surveys on how to use the skills to help reduce the amount of loss the firm faces. This is one way to do so.




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