Risk Management Consulting
Your institution Goods and Patrimony will be protected with an insurance program that will cover against all risks that they may eventually suffer. Nevertheless, these types of policies will only cover a part of the probable loss, as the insured must assume the deductible agreed upon in the policy besides the hidden expenses associated to the loss, that finally will weaken its financial statements. It is for this reason that Lilienfeld may include the Global Risk Management Program, a system through which all the necessary information for optimal risk management is obtained.
This analysis will allow your institution to take right decisions to move and/or finance efficiently all risks inherent to the operation, take right preventive measures to reduce exposure to certain risks, minimizing the losses that may appear regarding a potential claim. Frequency and/or severity risks would be studied. These evaluations would be made with active participation of main executives of each area of your institution and the assessment of a multi-disciplinary team formed by Insurance, Engineering, Finance, Accounting and Auditing, Asset Valuation experts and professionals in whatever area should require to be analyzed.