Covenant Risk Advisors, Inc.

Insurance Risk Advisory Services

Outsourced Risk Management Administration


Insurance risk program administration involves out-sourcing operations that would otherwise be administered through an internal risk management resource. Although each service is tailored to meet client needs, services may include:


Continuous Risk Assessment and Management


  • Risk Exposure Evaluations
  • Facility Inspections
  • Assessing Impact of Operational Changes
  • Monitoring Insurance Market Trends


  • Review of Insurance Policies
  • Coverage and Premium Benchmarking
  • Recommendations for Coverage Enhancements
  • Managing Insurance Program Renewals
  • Monitoring Claim Reporting and Management
  • Developing and Monitoring Safety Programs
  • Providing Management Reporting
  • Lender and Investor Interface
  • Review of Contract Insurance Terms
  • Vender Compliance
  • Managing Insurance Brokerage Services
  • Insurer and Re-Insurer Interface
  • Insurance Premium Allocations
  • Risk Information Systems (RMIS) Administration