How brokers can use Loss Control to differentiate themselves

Harfuch, Jose
October 2014
Asia Insurance Review;Oct2014, p68
Trade Publication
The article offers best practices for insurance brokers in using Loss Control to differentiate themselves from the competition. The service helps companies manage risks brought by technology development in shipping and transportation, including costs of failed shipments, delay on customers' businesses because of non-delivery, and the damage to brand and reputation. Also mentioned are the marine insurance and loss control capabilities offered by American International Group Inc. (AIG).


Related Articles

  • Beyond the Ordinary. Spencer, Scott // Best's Review;Aug2007, Vol. 108 Issue 4, p63 

    The author cites ways for agents and brokers to help clients reduce their vulnerability to catastrophic and more common losses. The author considers discussing the loss prevention services offered to clients. He notes that such services also can help customers reduce their exposure to more...

  • Marine making waves: The approach to marine risk assessment. Walker, Andrew // MiddleEast Insurance Review;May2013, p26 

    The article discusses how American Insurance Group Inc. (AIG), an insurance corporation in the U.S., tackles threats to marine insurance and how it undergoes thorough risk planning and assessment to prevent those threats. It states that understanding the risk and how one is proactive and manages...

  • Hold on to what is yours. Wren, Andrew // Garden Center Magazine;Jun2008, Vol. 14 Issue 6, p55 

    This article focuses on loss-prevention for small garden retailers. Small retailers face the same challenges as larger retailers but also have fewer human and capital resources and less specialized staff members. Small retailers should choose a loss-prevention manager and explain loss-prevention...

  • The FM Global Giveaway. Wade, Jared // Risk Management (00355593);Aug2008, Vol. 55 Issue 8, p13 

    This article reports that commercial insurance company FM Global has released an online database of its proprietary data regarding loss prevention. It is stated that thousands of users downloaded the information on the day it was released. Comments are included from Thomas Lawson, senior vice...

  • Largest property loss control specialists.  // Business Insurance;8/10/2009, Vol. 43 Issue 28, p12 

    Charts and graphs are presented that list the largest property loss control specialists in the U.S. ranked by 2008 gross revenues from unbundled property loss control consulting, the most common services offered by property loss consultants, and the total property loss control revenues versus...

  • Risikokultur im Unternehmen muss RepRisk-Prozesse unterstützen.  // Risiko Manager;2012, Issue 11, p10 

    Information on the annual OpRisk Forum, a congress on operational risk management, held in May 10, 2012 in Köln, Germany is presented. The congress was founded by the German institute of operational risk (IOR) and the magazine. Topics include reputational risk processes for businesses,...

  • The Write Price. Cunningham, Sharon // Best's Review;Dec2007, Vol. 108 Issue 8, p95 

    The article provides information on the services that an insurance company can offer to attract clients. The author inferred that claims management services are preferred because clients can call a toll-free number to report problems. She averred that loss control services complement claims...

  • Loss Control: The AIG Way. McCreadie, Stuart // MiddleEast Insurance Review;Nov2007, p56 

    The author shares American International Group Inc.'s way of loss control, and offers challenges in doing loss-control surveys. It provides several examples to elaborate the benefits of such surveys in mitigating events. It likewise shares that adopting loss control view will make the business...

  • Tried and Tested: Certified Loss Prevention Products can Promote Sustainability. Azimi, Robert // Asia Insurance Review;Jan2009, p92 

    The article identifies the significance of certified loss prevention products in promoting sustainability of insurance companies. It is worthy to recognize that loss prevention products are the most essential approach in helping organizations manage property risk and keep their businesses...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics