Milestone Risk Management Process Booklet

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FourRisk easy steps to generating the lowest cost of risk

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Analysis Milestone RiskGap Management Program™ Risk Assessment

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Your Trusted Advisor.


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Henriott’s innovative program transforms the conventional practice

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of insuring businesses into an ongoing consultative and solutionsGap Analysis Gap Analysis oriented process that is strategic in nature. As a Milestone client, you Service Service Timeline Timeline Risk to protect your Risk get a risk-management advisor working with you Assessment Assessment business while delivering improved profitability and sustainability. Risk Assessment

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Introduction | Milestone Risk Management Program™

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measure and track going forward.

Analysis

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and calculate a “Risk Index” to

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• Reduces your long-term cost of risk Timeline • Identifies organizational risks as well as insurance risks • Provides analysis of operational controls and procedures

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the top priorities for your business

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Risk control procedures, we can identify Assessment

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reviewingGap topics ranging from your Analysis Service organizational risks toTimeline your risk-

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Risk Assessment is so critical. By

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ewardship of Report risk. That’s why an objective

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when it comes to long-term cost

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Service Timeline It isn’t enough to simply Riskfocus on Assessment your company’s insurance program

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Risk Assessment | Milestone Risk Management Program™

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• AssignsTimeline due dates and owners to individual tasks

• Guarantees accountability for services we promise to deliver throughout the year

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Analysis

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process outlined in Step One.

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is made toward the issues uncovered by the Risk Assessment and Scoring

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During the step, we Gapsecond Analysis Service employ objective project-tracking Timeline Risk techniques to ensure that progress Assessment Risk Assessment

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ewardship Report

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Service Timeline | Milestone Risk Management Program™

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company is adequately covered

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Service and that the coverage will be there Timeline when it’s needed. Risk Assessment

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important to determine that your

Service

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corporate resources on insurance, it’s

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• Helps Timeline identify potential gaps in coverage • Identifies emerging risks and potential insurance coverage

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your company invests significant

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Risk exposures there may be. Before Assessment

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apply toGap yourAnalysis business and, perhaps Service most importantly, what potential Timeline Risk Assessment

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coverage you have, how it will

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ewardship Report insurance program – what

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a thorough analysis of your

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Service TimelineThe third step is focused Risk on Assessment insurance. Our team conducts

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Gap Analysis | Milestone Risk Management Program™

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than it was a year ago as a result of Gap Analysis Service our mutual commitment to improving Service • Outlines completed tasks and Timeline Timeline Risk your risk-management profile? program progress Assessment

Analysis Risk Assessment

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company better positioned today

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performed? Most importantly, is your

Gap Analysis

• Provides overall rating of compliance

• Evaluates the program’s performance

Service Timeline

How has the insurance program

Gap Analysis

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Risk the schedule of the Service Timeline? Assessment

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Did we Gap makeAnalysis progress toward the Service priorities in the Risk Timeline Assessment and

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outstanding issues during the year. Risk Assessment

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ewardship Report we highlight our successes and

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call the Stewardship Report. Here,

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Service TimelineThe last step of the program is Risk Assessment our annual report card, which we

Gap Analysis

Gap Analysis Risk Assessment

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Stewardship Report | Milestone Risk Management Program™

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8 North Third Street, Suite 101 Lafayette, IN 47901

Risk Assessment

www.henriott.com

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Assessment info@henriott.com

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Risk 800.382.7875

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Service Timeline Your Trusted Advisor.

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wardship Report

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