The A.R.R.T of Risk Management

For over thirty years, Sullivan & Associates has assembled all of the resources one would expect - and then some. Sullivan & Associates’ comprehensive and integrated delivery design gives you convenient single-source access to a complete array of linked solutions from our nationwide network-and a corresponding, cohesive service program that is not just easily accessible, but responsive to your risk management profile.

At Sullivan & Associates we focus on risk management. Risk is a fact of life, whether known, or as yet, unidentified. This is why we assist our clients with implementing A.R.R.T:

AVOIDANCE - Identifying areas where risk can be avoided.

REDUCTION - Putting the odds in your favor by reducing the probability of a loss.

RETENTION - Defining / Implementing deductibles that make sense, retaining responsibility for a portion of the loss.

TRANSFER - Ensuring that you have the proper insurance to transfer the risk of financial loss to another entity.

Building a safety culture

According to OSHA, workplaces that establish safety and health management systems can reduce their injury and illness costs by 20 to 40 percent. Safe environments are also shown to improve employee morale, which positively impacts productivity and service.

Our team is committed to helping you establish a strong safety and health program that protects both your workers and your bottom line. As your safety partner, we offer:

  • Employee safety handbooks
  • "Toolbox talk" safety meetings
  • OSHA programs and training presentations
  • Employee safety flyers, payroll stuffers and posters
  • Return to work program

Business contingency planning

No matter how small or large your business is, don't let a lack of insurance coverage or poor planning destroy it. Statistics show that it's only when a business owner has gone through a disaster that a contingency plan, including purchasing the proper insurance, is considered.

Our team of business contingency planning experts will meet with you to uncover your exposures to develop a formal plan and determine the best insurance coverages to meet your unique needs. Our advance planning resources include:

  • Business contingency planning
  • Business contingency plan evaluation
  • Disaster planning
  • Implementation guidance
  • Vendor readiness assessments
  • Insurance plan review

Claims loss analysis

When it comes to insurance claims, can you pinpoint what areas of your business are driving your core losses? Do you know how many claims you have at a particular location, or if veteran or newer workers are being injured on the job more often? Can you track if your loss-control efforts are effective over time? If not, we can help. Utilizing technology, we can:

  • Assess and evaluate loss data
  • Drill-down by location, loss size, coverage type, etc., to isolate root causes of losses
  • Provide loss-control solutions
  • Monitor loss control initiatives
  • Reduce insurance-related costs

Compliance

Whether it's keeping up with legislation, preparing for an OSHA inspection, or conducting employee training, when it comes to compliance, we've got you covered. Our team of compliance experts provides you a variety of services, tools and resources to ensure that you have the right tools when you need them, and to help minimize the risk of future accidents. Our compliance solutions include the following:

  • Workers' compensation statute overviews
  • Recordkeeping requirements
  • Up-to-the-minute OSHA log, reporting and analysis capabilities
  • Employee training materials
  • Injury trend analysis and corrective actions
  • Inspection preparation

Cost containment services

Our approach to cost containment utilizes both risk transfer and non-risk transfer techniques. Our cost containment services include auditing your property, general liability, workers' compensation, auto and umbrella coverages. Based on audit results, we will be able to help you to:

  • Identify potential hazards and transfer, eliminate, or manage the exposures
  • Determine loss drivers by analyzing loss data
  • Implement loss control program to reduce/eliminate future losses
  • Establish a corporate safety culture
  • Review certificate of insurance retention procedure

Disaster planning

Our disaster planning team's goal is to help you understand what to expect before the unexpected hits. Our approach to disaster planning goes beyond writing property and liability insurance. We'll help you to determine the right coverages at the right deductibles, along with the right loss control measures you can take today to keep your employees safe and your business positioned to recover if a disaster strikes tomorrow.

Employee safety communications

Keeping employees well informed is the cornerstone of building a strong safety culture. With a thorough understanding of your safety objectives, we offer the following custom communication materials designed to support management and to help employees better understand their safety role and the importance of keeping safety "top of mind" in the workplace.

  • Employee safety manuals
  • Workplace policies and programs
  • OSHA compliance programs and training materials
  • Toolbox safety talks
  • Employee quizzes
  • Payroll stuffers
  • Playing it safe flyers
  • Workplace posters

Enterprise risk management

Enterprise Risk Management, or ERM, sounds complicated, but the concept is actually quite simple. We utilize this comprehensive concept to analyze your business operations from every conceivable angle to uncover the hidden exposures from your day-to-day business operations not seen on paper. We then develop strategies to address your key exposures to help you better manage and minimize losses to reduce premiums.

ERM is just one of the many innovative approaches we utilize to meet your overall strategic risk management objectives. Contact us today to learn more about this unique exposure control approach and how it can benefit your business.

Ergonomics

Prevention is the focus of our ergonomic consulting group. As your partner in health and workplace safety, we can help you get to the root causes of workplace exposures and design solutions to reduce costs, severity, and absenteeism while improving productivity, wellness and compliance.

We work with you to assess and reduce strains and sprains in the workplace, which account for 40 percent to 80 percent of a typical company's claim costs. Our ergonomic solutions help reduce the number of claims and incurred costs by utilizing a unique blend of engineering, work practice and administrative controls.

  • Development of ergonomics plan and budget
  • Worksite evaluations
  • Job-specific work strain analysis
  • Awareness training for employees and supervisors
  • Employee communication materials
  • Continuous improvement

Experience modification analysis

Your experience modification factor, or mod, is an important component used in calculating your workers' compensation premium. Our goal is to help you understand the mod factor calculation and provide best-practices to reduce your workers' compensation premium. Our Client-Focused Solutions:

  • Loss and payroll data review for accuracy
  • Sound safety programs and loss control procedures to reduce loss frequency
  • Return to Work program
  • Self-inspection and accident investigation materials
  • Training materials for employees and supervisors
  • Active claims management

Risk management

Regardless of the size of your organization, you have risks. Based on your business and risk appetite, our consultative risk management approach gets to the heart of your unique risks by asking some basic questions: What can go wrong? How can you eliminate or prepare if it does? How will you pay for it?

Insurance is a valuable risk financing tool but there are many other risk management techniques we use to help you minimize risks and select the most cost-effective coverage options. Our risk management team includes experts in the following areas:

  • Executive risk
  • Construction
  • Manufacturing
  • Real estate
  • Environmental

Safety consulting

If you could save your company money, improve productivity and increase employee morale, why wouldn't you? OSHA studies indicate that for every dollar invested in effective safety programs, $4 - $6 may be saved as illnesses, injuries and fatalities decline. With a good safety program in place, your costs will naturally decrease. Our staff of safety experts will help you to boost workplace safety, reduce injuries and lower your insurance claims with our proactive training resources. Our areas of expertise include:

  • Construction
  • Trenching
  • Manufacturing
  • Restaurants
  • OSHA

Total cost of risk

We share your primary goal: reducing your total cost of risk. We also recognize that every facet of your organization affects your cost of risk. That's why our agency approaches your total cost of risk through a variety of insurance and non-insurance strategies, including:

  • Identification of exposures through analysis
  • Implementation of control measures to those exposures
  • Risk transfer or financing
  • Ongoing management of current and future exposures

We work with you to develop a strategic action plan, assist in the execution of the designed risk management program, and are committed to the monitoring and support of these initiatives.

Workplace safety

According to OSHA, workplaces that establish safety and health management systems can reduce their injury and illness costs by 20 to 40 percent. Safe environments are also shown to improve employee morale, which positively impacts productivity and service.

Our team is committed to helping you establish a strong safety and health program that protects both your workers and your bottom line while boosting productivity. As your partner in promoting workplace safety, we offer:

  • Employee safety handbooks
  • "Toolbox talk" safety meetings
  • OSHA programs and training presentations
  • Employee safety flyers, payroll stuffers and posters
  • Return to work program