Understand Your Total Cost of Risk

Too often companies only view the cost of their risk by the premiums they pay. But what if you could become more profitable, competitive and actually lower your costs by casting a wider net of what is considered “risk”?

IMA’s enterprise risk management team helps a company create better shareholder value by reviewing their Total Cost of Risk. The process involves helping clients address a broader scope of the risks that sap precious resources from achieving boardroom goals and strategies.
 

IMA’s Total Cost of Risk Categories

IMA scope of risk management goes far beyond traditional methods associated with the industry. A total review of all company risk factors can be summarized into four key buckets:

  • Risk Transfer
  • Retained Losses
  • Administrative
  • Miscellaneous

 

Interested learning how your company can reduce your overall risk profile? Contact an IMA specialist today

 


 

Attend our IMA University for an in-depth look at Total Cost of Risk

Attend our IMA University for an in-depth look at Total Cost of Risk

Register for an IMA University to learn how a Total Cost of Risk approach can affect your company's bottom line. 

This in-depth seminar will demonstrate the financial impact of a Total Cost of Risk approach on a client's financial goals and metrics. Guests will review the definition of IMA's Total Cost of Risk approach, review a mock company's financial metrics and then see how those metrics are improved after applying TCOR strategies. 

Questions? Email james.williams@imacorp.com

DENVER IMA University 

When: Check in 7:30 a.m., March 16, 2017

Where: IMA of Colorado; 1705 17th St.

Questionsjames.williams@imacorp.com

 

WICHITA IMA University 

When: Check in 7:30 a.m., March 16, 2017

Where: Wichita Art Museum; 1400 Museum Blvd

Questions: karlee.johnson@imacorp.com