Universal Managers' 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. Universal Managers' 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

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