outsourced risk management
Their risk managed independently and effectively. In 1985, the risk management team at Zapata Corporation believed it could provide improved results if it were independent. After serious consideration, Zapata’s management team agreed to the bold move of outsourcing the risk management department and an independent consulting practice was created which became Risk International.
Twenty-five years later, Zapata & Goodrich remain our clients.
Within two years, we experienced significant growth at Risk International. We served new clients on a project basis, and quickly became the sole risk management provider for a Fortune 200 Company, BFGoodrich (now Goodrich Corporation). Almost 25 years later, Goodrich continues to rely on Risk International for their risk management services.
Today Risk International is a world leader in risk management, including outsourced risk management. We have been recognized by Business and Insurance magazine as one of the top five risk management consulting firms for the past five consecutive years.
Why do clients continue to outsource their risk management to Risk International?
We understand their business. Understanding our clients’ industries, goals, products, people, processes, resource constraints, and risk tolerance is critical to providing the best possible solution. Our commitment to knowing our clients, coupled with our accumulated knowledge and ability to innovate, enables us to deliver risk management solutions that drive exceptional results.
Our experience shows that risk,expertly managed, simply costs less.
Their total cost of risk is reduced. We identify risk, analyze it, create plans to minimize it, and negotiate with suppliers with experience and confidence. We implement risk management solutions, measure results, and refine programs and practices to consistently improve them. As a result our clients enjoy costs of risk that are less than half that of their peers.
Proven expertise applied every day. Over decades, Risk International has developed substantial expertise that spans companies, industries, countries, and cultures. Extensive experience and training enables our professionals to manage risk and negotiate with confidence every day. Each year Risk International’s professionals continue to develop and hone their expertise as they:
- facilitate multiple broker selections and insurance renewals
- resolve several complex claims
- find or reconstruct decades of lost policies
- provide counsel on complex risk management issues
No external influence. Our independence comes from not being an insurance broker, not being affiliated with any insurance brokerage firm or commercial insurance company, and not being publically traded. Potential conflicts of interest are avoided, and we serve our clients without bias, competing agendas or market pressures.
Our values and our passion have built our road to success. We serve our clients first, and this principle governs every aspect of our work. We strive to exceed expectations. We honestly present our qualifications, recommendations, and conclusions to clients, even the unpopular or unpleasant ones. We believe that full disclosure and transparency are keys to strong partnerships.
We do not sacrifice the quality or quantity of work we provide to existing clients in order to support new ones. As we grow we continue to deliver the highest levels of technical expertise and ethical conduct. It is for all of these reasons and more that we have a global reputation for integrity, excellence, innovation, and consistent results.