Threlkeld's
Marine Industry Methodology
Our comprehensive methodology is modified to fit your business's
requirements. Our specialists take the time to learn about
your operations, employees, competitors, leadership team and
strategic goals. We apply our experience and qualifications
to help you protect and improve your business.
Phase I: Risk Profile
Through a meticulous analysis of your exposures, we develop
a risk profile, which is our working draft for your business
improvement and risk reduction. This enables us to identify
the risks you will assume, transfer, avoid or mitigate. It
also allows us to target steps that could lead to
opportunity, taking risks your competitors will not take and
capturing market share.
Phase I Strategies:
-
Conduct
physical visits along with management and staff
interviews to identify high priority risks
-
Review
contracts and other documents in which your organization
incurs commercial risks
-
Review risks
to key employees and staff and examine each employees'
relationship to the organization
-
Provide a
risk analysis blueprint using our proprietary marine
industry risk assessing methodology
Phase II: Blueprint Implementation
Our risk assessment Blueprint is a tangible document that
defines all the aspects of your organization, including
financial and risk management goals, and matches our
targeted solutions to your business needs. Threlkeld's
solutions can include crisis and security management,
disaster recovery planning and loss mitigation.
Phase II Strategies:
-
Determine
your business and risk management goals and priorities
-
Establish
current and future cost of risk and options
-
Develop an
action plan and timeline to ensure that solutions are
implemented in an effective time frame
Phase III: Periodic Reporting
We provide mid-policy reviews that address refinement and adjustment of our service
to your account
activities. These reviews offer your business progress
reporting based on previously defined objectives identified
in phase II.
Phase III Strategies:
-
Review
progress against our Blueprint Implementation
-
Measure
performance against the cost of loss control/prevention
objectives
-
Benchmark
against service goals; update priorities and Blueprint
as necessary