Operations Flowchart
In coordination with the "Loss
Exposure" survey, ICC also uses an operations flowchart. This
tool complements the survey and provides a clearer picture of
loss exposures from certain operations and their connections
and relations to other areas and department of an
organization.
ICC uses the operations flowchart for two
distinct reasons
1) Business Interruption Exposures
By charting the flow of operations, ICC can determine how a business interruption may
occur and ways to prevent such business interruption exposures
2) Reveals Interrelationships and Interdependencies
By charting the flow of the operations, ICC is able to reveal the
interrelationships and interdependencies among all departments of your
organization.
Analyzing Loss Exposure
When ICC analyzes the loss
exposures it
involves measuring the financial impact of the potential loss to the organization. With an
ICC analysis, this will give an organization the ability to assign priority to the most
significant loss exposures.
In the analyses, ICC will:
1) Measure the frequency of the Loss
2) Measure the severity of the Loss, and
3) Show the impact of the Loss.

Selection of the Organization's Risk Management
Techniques
Once ICC
has identified and analyzed the loss exposure an appropriate technique can be developed
for treating the exposures. There are basically five possible techniques that ICC is able
to initiate. Each organization is different and ICC may employee a combination of one or
more of the following techniques:
1) Avoidance
2)
Non insurance Transfer
3) Control
4) Retention
5) Insurance
Once ICC has identified and analyzed the loss exposures and then
developed a customized and treatment method design specifically for an
organization, the process of implementing the Risk Management Program
begins.
Through ICC programs an individual within the organization will be trained as a Risk
Manager to help with the implementation. Depending upon the treatment program that was
design for the organization, a coordinated effort between ICC and the organizations
Risk Manager will allow the smooth introduction and implementation of the Risk Management
Program.
ICC will work with, and on the behalf of the organization during the entire Risk
Management Program Installation to ensure a successful installation.

In any effective Risk Management Program there must be goals and objectives that are to
be met to be able to measure the successfulness of the program. ICC, in conjunction with
the organization, will develops realistic standards that the Risk Management Program must
meet.
ICC programs all, not only meet the standards that are established, but exceed these
standards to bring a challenging Risk Management Program to the organization.
Risk Management is an integral part of any organizations ability to, not only stay in
business, but to grow. ICC understands that it is of vital importance that an organization
protect its assets and with the ICCs Risk Management Programs an organization is
able to protect their assets to ensure growth.
ICC realizes that it is financially import to an organization that a successful Risk
Management Program meet and maintain these following criteria:
1) Successfully developing an aggressive Loss Control Program
2) The Loss Control Program does not exceed the cost of implementing such a program
3) That the Loss Control Program remains within a preset annual budget
4) That the Loss Control Program remain flexible enough to adapt to new problems
Contact ICC
Select the Button for the Response Form provided below. Fill out
the information and electronically forward to ICC and an experienced
consultant will contact you. Or contact the Main Office directly:
Risk Management -
Third Party Administration -
Workers' Compensation
Medical
Review -
Medical
Providers Health
Insurance
Bad -Faith
Accident
Reconstruction-
Fraud
Business
Loss Claim Consulting
Casualty -
Hospitals
-Construction
Error & Omission claims
Manufacturing
Forensics
Team of Experts
Insurance claims service
Product
liability Insurance
Claims Question?
Construction
workers
Unions members
Medical billing
Subrogation
TRAINING
Calculating
Pain/Suffering
Insurance
Claims Consultants ® |
(316)
683-0170
fax (316) 683-0194
P.O. Box 8873
Wichita, KS 67208-8873
Click here to email us
legal notice* Insurance Claims
Consultants® is our company's registered trade name and is not permitted to
be used by any other company. An ® following our name indicates the
trademark name has been registered in the US.
|