Risk Management & Claim Services

At William H. Connolly we provide a level of responsiveness in risk assessment and management and claims handling that is second to none. Our claims service has won the respect not only of our clients but also of insurance carriers and attorneys.

Highlights of our risk management and loss prevention services include:

• Risk analysis
• Contract review
• Loss prevention education
• Determination of alternatives to traditional insurance
• Coverage dispute analysis

Our risk management service begins with a thorough review of a client’s risk. For our commercial clients, we work with management to determine which exposures are best assumed and which are best insured.

We pay particular attention to those risks associated with harassment, workplace discrimination, wrongful termination and workplace violence.

Contracts and merger and acquisition agreements require careful attention. We review construction contracts, property and equipment leases, government contracts and vendor hold harmless clauses to determine the risk transfer exposure. We analyze joint venture agreements and review closely the often confusing risks that come with acquisitions and business mergers.

For groups of clients, even individual clients, we provide loss prevention and risk management seminars, client advisories on our website and information on changes in the insurance marketplace that can affect their own loss prevention programs.

We design sophisticated alternative risk transfer programs including offshore captive insurance companies and self insured programs as solutions for many clients, often not for profit entities, with high levels of risk. Establishing a captive insurance company can mean access to reinsurance markets, an insurance program specifically tailored to an organization’s needs and a funding vehicle for exposures that are difficult to insure. Our experience in forming Captive Insurance Companies is widely recognized and respected.

Our claims management is timely, professional and personal.

The value of the insurance product and the broker’s accountability is tested when a claim is filed. Our Director of Claims Management monitors the reserve amounts, works with outside legal representation and directs settlement negotiations. Our business clients’ administrative burden is substantially reduced by our attention to the claims product. And our individual clients know that we are fully engaged in the settlement of their claim, no matter how small, no matter how catastrophic.