Risk Management

Would you risk a large loss in exchange for a small gain?

 

Risk Management and Insurance are very closely related and even considered synonymous in some ways of thinking.  Insurance alone however, is not risk management. Risk management is much broader. It does encompass insurance but also deals with the concept of avoiding, minimizing, transferring and preventing loss.  Risk Management addresses methods, along with insurance, for transferring the financial consequences of losses that could occur.

Ragland, Strother & Lafitte’s Risk Management services include contract review, risk and exposure transfer recommendations, and insurance. All are tailored to align with our client’s financial and operational objectives.

All of Ragland Strother and Lafitte’s Risk Management practices are overseen by our in house licensed risk manager.